Capital Advisors Wealth Management LLC Purchases 12,326 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Capital Advisors Wealth Management LLC lifted its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 27.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,744 shares of the financial services provider's stock after acquiring an additional 12,326 shares during the quarter. Capital Advisors Wealth Management LLC's holdings in Fidelity National Financial were worth $3,758,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Confluence Wealth Services Inc. grew its position in Fidelity National Financial by 3.6% during the first quarter. Confluence Wealth Services Inc. now owns 24,863 shares of the financial services provider's stock valued at $1,541,000 after buying an additional 872 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Fidelity National Financial by 10.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 214,714 shares of the financial services provider's stock worth $13,896,000 after purchasing an additional 20,694 shares during the period. Illinois Municipal Retirement Fund grew its holdings in Fidelity National Financial by 19.5% during the first quarter. Illinois Municipal Retirement Fund now owns 190,407 shares of the financial services provider's stock valued at $12,392,000 after purchasing an additional 31,091 shares during the period. Lecap Asset Management Ltd. grew its holdings in Fidelity National Financial by 63.3% during the first quarter. Lecap Asset Management Ltd. now owns 39,402 shares of the financial services provider's stock valued at $2,564,000 after purchasing an additional 15,273 shares during the period. Finally, Asset Management One Co. Ltd. increased its position in Fidelity National Financial by 3.0% in the first quarter. Asset Management One Co. Ltd. now owns 97,207 shares of the financial services provider's stock worth $6,326,000 after buying an additional 2,807 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Price Performance

Shares of NYSE FNF traded up $0.03 during midday trading on Wednesday, reaching $57.30. 1,290,238 shares of the stock traded hands, compared to its average volume of 1,447,700. The company's 50 day moving average is $57.34 and its 200 day moving average is $58.92. Fidelity National Financial, Inc. has a one year low of $47.92 and a one year high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.25 and a quick ratio of 0.25. The stock has a market capitalization of $15.74 billion, a PE ratio of 14.18 and a beta of 1.02.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by ($0.35). Fidelity National Financial had a net margin of 8.43% and a return on equity of 14.88%. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter last year, the firm earned $0.91 EPS. The company's revenue was down 17.3% on a year-over-year basis. On average, equities 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 firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 3.49%. Fidelity National Financial's payout ratio is 49.50%.

Wall Street Analyst Weigh In

FNF has been the subject of several analyst reports. Wall Street Zen lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report 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 price objective for the company in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.