36,710 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Bought by Ameriflex Group Inc.

Ameriflex Group Inc. acquired a new stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 36,710 shares of the financial services provider's stock, valued at approximately $2,135,000. Fidelity National Financial makes up about 1.0% of Ameriflex Group Inc.'s holdings, making the stock its 18th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Analysts LLC bought a new stake in shares of Fidelity National Financial during the 4th quarter worth $29,000. Parkside Financial Bank & Trust lifted its position in shares of Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after buying an additional 209 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Fidelity National Financial during the 4th quarter worth $37,000. Kapitalo Investimentos Ltda bought a new position in Fidelity National Financial in the fourth quarter valued at about $44,000. Finally, Colonial Trust Co SC raised its position in Fidelity National Financial by 130.1% in the fourth quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 450 shares during the last quarter. 81.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FNF shares. Barclays increased their price target 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. Wall Street Zen cut Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods raised Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price for the company in a research note on Tuesday, April 8th. Finally, Stephens raised their target price on Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, February 24th. Two 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, the company presently has an average rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Stock Up 0.4%

Fidelity National Financial stock traded up $0.21 during mid-day trading on Friday, reaching $54.62. The stock had a trading volume of 450,783 shares, compared to its average volume of 1,152,820. 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, Inc. has a fifty-two week low of $47.79 and a fifty-two week high of $66.72. The stock's 50-day simple moving average is $60.54 and its 200-day simple moving average is $59.97. The firm has a market capitalization of $15.00 billion, a PE ratio of 11.75 and a beta of 1.14.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $2.73 billion during the quarter, compared to analyst estimates 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 was down 17.3% on a year-over-year basis. During the same period last year, the business posted $0.91 EPS. On average, sell-side analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, June 16th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.66%. Fidelity National Financial's payout ratio is 49.50%.

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.