CFO4Life Group LLC Invests $560,000 in Fidelity National Financial, Inc. (NYSE:FNF)

CFO4Life Group LLC acquired a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,607 shares of the financial services provider's stock, valued at approximately $560,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Peddock Capital Advisors LLC lifted its position in shares of Fidelity National Financial by 3.2% during the 1st quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider's stock valued at $369,000 after buying an additional 178 shares in the last quarter. Kaizen Financial Strategies increased its stake in Fidelity National Financial by 4.8% in the 1st quarter. Kaizen Financial Strategies now owns 4,136 shares of the financial services provider's stock worth $269,000 after acquiring an additional 188 shares during the last quarter. My Legacy Advisors LLC increased its position in shares of Fidelity National Financial by 2.3% during the 1st quarter. My Legacy Advisors LLC now owns 8,716 shares of the financial services provider's stock valued at $567,000 after purchasing an additional 197 shares during the last quarter. Private Trust Co. NA increased its position in shares of Fidelity National Financial by 38.7% during the 1st quarter. Private Trust Co. NA now owns 738 shares of the financial services provider's stock valued at $48,000 after purchasing an additional 206 shares during the last quarter. Finally, Bessemer Group Inc. boosted its holdings in Fidelity National Financial by 0.6% during the 4th quarter. Bessemer Group Inc. now owns 52,463 shares of the financial services provider's stock valued at $2,945,000 after acquiring an additional 319 shares during the period. Institutional investors own 81.17% of the company's stock.

Fidelity National Financial Trading Up 1.0%

FNF traded up $0.52 during midday trading on Friday, hitting $51.74. The company's stock had a trading volume of 2,290,625 shares, compared to its average volume of 1,275,885. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.50. The firm has a market cap of $14.21 billion, a P/E ratio of 12.80 and a beta of 1.02. The firm has a 50-day moving average price of $56.34 and a two-hundred day moving average price of $58.87. Fidelity National Financial, Inc. has a 52-week low of $49.93 and a 52-week high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.35). The company 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 8.43% and a return on equity of 14.88%. The company's revenue was down 17.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 earnings per share. On average, research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 16th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.00 annualized dividend and a yield of 3.87%. Fidelity National Financial's payout ratio is 49.50%.

Analyst Ratings Changes

Several equities analysts recently issued reports on FNF shares. Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective on the stock in a report on Tuesday, April 8th. Barclays cut their target price on shares of Fidelity National Financial from $67.00 to $65.00 and set an "equal weight" rating for the company in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Fidelity National Financial presently has a consensus rating of "Moderate Buy" and an average price target of $71.20.

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.