CenterBook Partners LP Acquires 91,222 Shares of Fidelity National Financial, Inc. $FNF

Key Points

• CenterBook Partners initiated a position in Fidelity National Financial, acquiring 91,222 shares worth approximately $3.53 million during the third quarter.
• FNF reported quarterly EPS of $1.32, matching analyst estimates, while revenue of $3.58 billion fell short of the $3.78 billion consensus and EPS declined from $1.63 a year earlier.
• The company raised its quarterly dividend 4%, from $0.52 to $0.54 per share, equivalent to $2.16 annually and a reported 4.9% yield.

CenterBook Partners LP acquired a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 91,222 shares of the financial services provider's stock, valued at approximately $3,526,000.

A number of other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of Fidelity National Financial by 30.1% in the first quarter. Dimensional Fund Advisors LP now owns 4,210,824 shares of the financial services provider's stock valued at $195,287,000 after purchasing an additional 973,891 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Fidelity National Financial by 0.5% in the 1st quarter. Bank of New York Mellon Corp now owns 2,529,383 shares of the financial services provider's stock worth $117,313,000 after buying an additional 13,147 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Fidelity National Financial by 12.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,345,756 shares of the financial services provider's stock worth $62,416,000 after buying an additional 144,966 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Fidelity National Financial by 20.2% in the 1st quarter. First Trust Advisors LP now owns 1,148,920 shares of the financial services provider's stock worth $53,287,000 after buying an additional 192,854 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Fidelity National Financial by 70.3% in the first quarter. Hsbc Holdings PLC now owns 896,177 shares of the financial services provider's stock valued at $41,524,000 after acquiring an additional 369,908 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Up 2.0%

Fidelity National Financial stock opened at $43.77 on Friday. Fidelity National Financial, Inc. has a twelve month low of $37.88 and a twelve month high of $60.37. The firm has a 50 day moving average price of $41.81 and a 200-day moving average price of $47.76. The company has a market capitalization of $11.74 billion, a P/E ratio of 11.17 and a beta of 0.93. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.50.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.32. The company had revenue of $3.58 billion during the quarter, compared to analyst estimates of $3.78 billion. Fidelity National Financial had a net margin of 7.02% and a return on equity of 15.32%. During the same quarter last year, the business posted $1.63 EPS. As a group, equities analysts predict that Fidelity National Financial, Inc. will post 5.07 EPS for the current year.

Fidelity National Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 17th will be issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 4.9%. This is a positive change from Fidelity National Financial's previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Thursday, December 17th. Fidelity National Financial's dividend payout ratio is currently 73.50%.

Trending Headlines about Fidelity National Financial

Here are the key news stories impacting Fidelity National Financial this week:

• Positive Sentiment: FNF’s board raised the quarterly cash dividend 4%, from $0.52 to $0.54 per share. The higher payout is a positive shareholder-return signal. FNF dividend announcement
• Positive Sentiment: A Seeking Alpha analysis described FNF as attractively valued while earnings are near a trough, offering a potentially favorable valuation case for investors who expect earnings to recover. FNF valuation analysis
• Negative Sentiment: Q3 revenue was $3.58 billion, below analysts’ $3.78 billion estimate. EPS of $1.32 met consensus, but was down from $1.63 a year earlier, tempering the otherwise supportive dividend news. FNF Q3 2026 results
• Negative Sentiment: A separate report flagged falling premiums as a potential pressure on FNF’s business, though the provided article information does not quantify the impact. Report on falling premiums

Analyst Ratings Changes

FNF has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Fidelity National Financial in a research report on Tuesday, September 8th. National Bank Financial set a $54.00 price target on Fidelity National Financial in a report on Friday, August 7th. Keefe, Bruyette & Woods cut their price objective on Fidelity National Financial from $64.00 to $61.00 and set an "outperform" rating on the stock in a research report on Monday, August 10th. Stephens reduced their price objective on Fidelity National Financial from $55.00 to $50.00 and set an "overweight" rating for the company in a research note on Wednesday, October 21st. Finally, Zacks Research downgraded Fidelity National Financial from a "hold" rating to a "strong sell" rating in a research note on Friday, October 23rd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $54.20.

Fidelity National Financial Profile

Fidelity National Financial, Inc NYSE: FNF is a provider of title insurance and related services for real estate transactions. Through its title operations, the company offers title searches and insurance, escrow and closing services, and other support for buyers, sellers, lenders, and real estate professionals.

FNF also provides annuity and life insurance products through its F&G business. These offerings include fixed and fixed-indexed annuities and life insurance designed to help individuals and institutions address retirement and financial-protection needs.

The company is headquartered in Jacksonville, Florida, and serves customers primarily in the United States.

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