BI Asset Management Fondsmaeglerselskab A S Boosts Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

BI Asset Management Fondsmaeglerselskab A S lifted its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 113.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,963 shares of the financial services provider's stock after purchasing an additional 5,830 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Fidelity National Financial were worth $615,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Fidelity National Financial by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,385,420 shares of the financial services provider's stock valued at $190,060,000 after purchasing an additional 16,095 shares during the period. First Trust Advisors LP raised its stake in Fidelity National Financial by 11.4% in the fourth quarter. First Trust Advisors LP now owns 764,586 shares of the financial services provider's stock worth $42,924,000 after buying an additional 77,951 shares in the last quarter. Forum Financial Management LP lifted its holdings in Fidelity National Financial by 5.3% during the fourth quarter. Forum Financial Management LP now owns 7,399 shares of the financial services provider's stock worth $415,000 after buying an additional 375 shares during the period. Farringdon Capital Ltd. bought a new stake in Fidelity National Financial during the 4th quarter valued at $615,000. Finally, Jump Financial LLC purchased a new position in shares of Fidelity National Financial in the 4th quarter valued at $284,000. Institutional investors own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on FNF. Deutsche Bank Aktiengesellschaft upgraded Fidelity National Financial from a "hold" rating to a "buy" rating and upped their price objective for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target on the stock in a report on Tuesday, April 8th. Stephens boosted their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, February 24th. StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Barclays increased their price target on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Stock Performance

Shares of NYSE FNF traded up $0.03 during mid-day trading on Tuesday, hitting $63.16. The stock had a trading volume of 127,411 shares, compared to its average volume of 1,108,528. The firm has a market cap of $17.37 billion, a PE ratio of 13.58 and a beta of 1.09. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The company has a 50 day moving average of $62.46 and a two-hundred day moving average of $60.28. Fidelity National Financial, Inc. has a twelve month low of $47.79 and a twelve month high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the previous year, the business earned $0.75 EPS. Research analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date was Monday, March 17th. Fidelity National Financial's dividend payout ratio is presently 43.01%.

About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.