Castlekeep Investment Advisors LLC Acquires Shares of 12,070 Fidelity National Financial, Inc. (NYSE:FNF)

Castlekeep Investment Advisors LLC acquired a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,070 shares of the financial services provider's stock, valued at approximately $678,000.

A number of other large investors have also recently bought and sold shares of the company. Chesley Taft & Associates LLC increased its stake in Fidelity National Financial by 1.2% in the fourth quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider's stock valued at $937,000 after purchasing an additional 200 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Fidelity National Financial by 0.3% in the 4th quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider's stock worth $4,053,000 after buying an additional 200 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 209 shares during the last quarter. Essex Financial Services Inc. lifted its holdings in Fidelity National Financial by 5.3% during the fourth quarter. Essex Financial Services Inc. now owns 4,206 shares of the financial services provider's stock valued at $236,000 after purchasing an additional 211 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Fidelity National Financial by 19.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock worth $75,000 after buying an additional 223 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FNF. StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Barclays increased their target price on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a report on Monday, February 24th. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price for the company in a report on Tuesday, April 8th. Finally, Stephens boosted their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research report on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fidelity National Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Trading Down 3.2 %

Shares of Fidelity National Financial stock traded down $1.91 during trading on Friday, hitting $57.83. The stock had a trading volume of 1,906,186 shares, compared to its average volume of 1,130,281. Fidelity National Financial, Inc. has a 12 month low of $47.79 and a 12 month high of $66.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The stock has a market cap of $15.88 billion, a PE ratio of 12.44 and a beta of 1.14. The firm's fifty day simple moving average is $62.72 and its 200-day simple moving average is $60.39.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $1.13 by ($0.35). The business had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $3.32 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The company's revenue for the quarter was down 17.3% on a year-over-year basis. During the same period last year, the business posted $0.91 EPS. As a group, sell-side analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 16th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.46%. Fidelity National Financial's dividend payout ratio is currently 49.50%.

Fidelity National Financial Company Profile

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.