Dimensional Fund Advisors LP Has $190.06 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Dimensional Fund Advisors LP increased its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 0.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,385,420 shares of the financial services provider's stock after acquiring an additional 16,095 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.24% of Fidelity National Financial worth $190,060,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Fidelity National Financial during the 4th quarter worth $158,386,000. Invesco Ltd. raised its holdings in Fidelity National Financial by 53.3% in the 4th quarter. Invesco Ltd. now owns 2,199,684 shares of the financial services provider's stock worth $123,490,000 after acquiring an additional 764,958 shares during the period. Raymond James Financial Inc. acquired a new position in Fidelity National Financial during the 4th quarter valued at $33,103,000. Jupiter Asset Management Ltd. bought a new stake in shares of Fidelity National Financial in the fourth quarter valued at about $32,670,000. Finally, National Pension Service boosted its stake in Fidelity National Financial by 648.5% during the fourth quarter. National Pension Service now owns 496,600 shares of the financial services provider's stock worth $27,879,000 after buying an additional 430,252 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

Fidelity National Financial Trading Up 0.0 %

NYSE:FNF traded up $0.02 during mid-day trading on Tuesday, hitting $63.15. The company 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 P/E ratio of 13.58 and a beta of 1.09. Fidelity National Financial, Inc. has a fifty-two week low of $47.79 and a fifty-two week high of $66.72. The business's fifty day moving average is $62.46 and its two-hundred day moving average is $60.28. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.23 by $0.11. The firm had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.33 billion. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. During the same quarter in the previous year, the company earned $0.75 earnings per share. As a group, research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

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

Analysts Set New Price Targets

FNF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and boosted their price target for the company from $76.00 to $77.00 in a research report on Friday, January 3rd. StockNews.com lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective for the company in a research report on Tuesday, April 8th. Barclays lifted their target price 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. Finally, Stephens lifted their price objective 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 analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $71.60.

Fidelity National Financial 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.