Aquatic Capital Management LLC Sells 12,434 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Aquatic Capital Management LLC trimmed its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 50.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,166 shares of the financial services provider's stock after selling 12,434 shares during the quarter. Aquatic Capital Management LLC's holdings in Fidelity National Financial were worth $683,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its stake in shares of Fidelity National Financial by 19.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock valued at $75,000 after buying an additional 223 shares in the last quarter. Everence Capital Management Inc. acquired a new position in Fidelity National Financial during the 4th quarter valued at about $621,000. GAMMA Investing LLC boosted its stake in Fidelity National Financial by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock valued at $419,000 after purchasing an additional 1,233 shares during the last quarter. Barclays PLC raised its stake in shares of Fidelity National Financial by 4.4% in the third 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 during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Fidelity National Financial by 17.1% in the fourth quarter. Versant Capital Management Inc now owns 1,729 shares of the financial services provider's stock valued at $97,000 after purchasing an additional 252 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FNF. Stephens increased their price target on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research report on Monday, February 24th. StockNews.com downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Barclays boosted their price target 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. Finally, 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 note on Tuesday, April 8th. 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.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Stock Performance

Shares of NYSE:FNF traded down $0.40 during midday trading on Monday, reaching $64.61. The company had a trading volume of 1,072,221 shares, compared to its average volume of 1,125,560. Fidelity National Financial, Inc. has a 52-week low of $47.79 and a 52-week high of $66.72. The company's 50 day moving average price is $62.83 and its 200 day moving average price is $60.34. 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 $17.75 billion, a P/E ratio of 13.90 and a beta of 1.14.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share 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 the consensus estimate 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 period in the prior year, the firm earned $0.75 EPS. As a group, sell-side analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.10%. 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.