Tudor Investment Corp ET AL Decreases Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Tudor Investment Corp ET AL lessened its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 56.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,959 shares of the financial services provider's stock after selling 144,252 shares during the period. Tudor Investment Corp ET AL's holdings in Fidelity National Financial were worth $6,173,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FNF. Capital Analysts LLC purchased a new stake in shares of Fidelity National Financial in the 4th quarter valued at approximately $29,000. Parkside Financial Bank & Trust increased its holdings in shares of Fidelity National Financial by 50.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 209 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth about $37,000. Golden State Wealth Management LLC acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth about $52,000. Finally, UMB Bank n.a. lifted its stake in Fidelity National Financial by 68.9% during the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider's stock worth $65,000 after purchasing an additional 472 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FNF. Barclays raised their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock 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 price target on the stock in a research note on Tuesday, April 8th. StockNews.com downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Stephens lifted their target price on Fidelity National Financial from $68.00 to $75.00 and gave the stock 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 issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Stock Performance

Shares of NYSE FNF traded up $1.61 during midday trading on Friday, reaching $65.05. 1,173,563 shares of the company were exchanged, compared to its average volume of 1,125,774. The stock has a fifty day simple moving average of $62.83 and a 200 day simple moving average of $60.35. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a market cap of $17.87 billion, a P/E ratio of 13.99 and a beta of 1.14. Fidelity National Financial, Inc. has a 1 year low of $47.79 and a 1 year high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its 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 company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same period last year, the business posted $0.75 EPS. On average, research analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.07%. The ex-dividend date was Monday, March 17th. Fidelity National Financial's dividend payout ratio (DPR) is presently 43.01%.

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.