Aware Super Pty Ltd as trustee of Aware Super Has $546,000 Position in Fidelity National Financial, Inc. $FNF

Key Points

• Aware Super Pty Ltd significantly reduced its stake in Fidelity National Financial, selling 195,235 shares and now holding only 9,738 shares valued at $546,000.
• Despite Aware Super's divestment, other institutional investors like GAMMA Investing LLC and Wealth Enhancement Advisory Services LLC have increased their holdings in Fidelity National Financial.
• Fidelity National Financial has a dividend yield of 3.6% and reported earnings of $0.76 per share for the last quarter, with analysts projecting 6.28 earnings per share for the current year.

Aware Super Pty Ltd as trustee of Aware Super decreased its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 95.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,738 shares of the financial services provider's stock after selling 195,235 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super's holdings in Fidelity National Financial were worth $546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in Fidelity National Financial by 29.1% during the 1st quarter. GAMMA Investing LLC now owns 9,629 shares of the financial services provider's stock worth $627,000 after acquiring an additional 2,171 shares during the period. Fifth Third Bancorp grew its stake in Fidelity National Financial by 19.2% during the first quarter. Fifth Third Bancorp now owns 3,794 shares of the financial services provider's stock worth $247,000 after buying an additional 610 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Fidelity National Financial by 29.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 42,249 shares of the financial services provider's stock valued at $2,750,000 after buying an additional 9,616 shares during the period. Ritholtz Wealth Management bought a new stake in shares of Fidelity National Financial during the 1st quarter worth approximately $331,000. Finally, Exchange Traded Concepts LLC boosted its position in shares of Fidelity National Financial by 7,740.0% during the 1st quarter. Exchange Traded Concepts LLC now owns 14,504 shares of the financial services provider's stock worth $944,000 after acquiring an additional 14,319 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FNF shares. Weiss Ratings restated a "buy (b)" rating on shares of Fidelity National Financial in a research note on Wednesday, October 8th. National Bankshares set a $64.00 target price on shares of Fidelity National Financial in a research report on Monday, October 6th. Finally, Barclays reiterated a "cautious" rating on shares of Fidelity National Financial in a report on Monday, October 6th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $69.83.

Fidelity National Financial Stock Down 1.4%

NYSE:FNF opened at $56.13 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial, Inc. has a one year low of $50.61 and a one year high of $66.72. The firm's 50 day simple moving average is $59.16 and its 200 day simple moving average is $58.25. The company has a market cap of $15.25 billion, a PE ratio of 14.24 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter. The firm had revenue of $3.17 billion during the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. On average, research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Tuesday, September 16th. Fidelity National Financial's dividend payout ratio (DPR) is 50.76%.

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.

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