Fidelity National Financial, Inc. (NYSE:FNF) Shares Bought by MetLife Investment Management LLC

MetLife Investment Management LLC raised its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 146,533 shares of the financial services provider's stock after acquiring an additional 12,268 shares during the quarter. MetLife Investment Management LLC owned approximately 0.05% of Fidelity National Financial worth $8,226,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Barclays PLC boosted its position in shares of Fidelity National Financial by 4.4% in the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock worth $13,451,000 after purchasing an additional 9,146 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity National Financial during the 3rd quarter valued at $672,000. Tidal Investments LLC lifted its holdings in shares of Fidelity National Financial by 38.9% during the 3rd quarter. Tidal Investments LLC now owns 6,756 shares of the financial services provider's stock valued at $419,000 after buying an additional 1,892 shares during the period. Versant Capital Management Inc raised its holdings in Fidelity National Financial by 17.1% in the 4th quarter. Versant Capital Management Inc now owns 1,729 shares of the financial services provider's stock worth $97,000 after purchasing an additional 252 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Fidelity National Financial by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock worth $419,000 after purchasing an additional 1,233 shares during the period. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Stock Down 0.8 %

Shares of FNF stock traded down $0.52 during mid-day trading on Friday, hitting $62.69. The stock had a trading volume of 847,473 shares, compared to its average volume of 1,113,186. Fidelity National Financial, Inc. has a 12-month low of $47.79 and a 12-month high of $66.72. The firm has a market capitalization of $17.24 billion, a P/E ratio of 13.48 and a beta of 1.09. The firm's 50-day moving average is $62.37 and its two-hundred day moving average is $60.26. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick 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 for the quarter, topping 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 return on equity of 15.36% and a net margin of 9.28%. During the same period in the prior year, the business posted $0.75 EPS. On average, analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date was Monday, March 17th. Fidelity National Financial's dividend payout ratio (DPR) is presently 43.01%.

Analyst Ratings Changes

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