Crestwood Advisors Group LLC Has $1.90 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Crestwood Advisors Group LLC boosted its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 65.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,245 shares of the financial services provider's stock after buying an additional 11,517 shares during the period. Crestwood Advisors Group LLC's holdings in Fidelity National Financial were worth $1,903,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in shares of Fidelity National Financial in the 1st quarter worth about $32,000. Capital Analysts LLC bought a new stake in Fidelity National Financial in the 4th quarter worth about $29,000. Synergy Investment Management LLC bought a new stake in Fidelity National Financial in the 1st quarter worth about $36,000. Olde Wealth Management LLC bought a new stake in Fidelity National Financial in the 1st quarter worth about $40,000. Finally, Private Trust Co. NA grew its position in Fidelity National Financial by 38.7% in the 1st quarter. Private Trust Co. NA now owns 738 shares of the financial services provider's stock worth $48,000 after purchasing an additional 206 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

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

Fidelity National Financial Trading Down 0.4%

NYSE FNF opened at $54.84 on Tuesday. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 12 month low of $50.61 and a 12 month high of $66.72. The company's 50-day moving average price is $55.25 and its 200-day moving average price is $58.78. The stock has a market cap of $15.06 billion, a PE ratio of 13.57 and a beta of 1.02.

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 analysts' consensus estimates of $1.13 by ($0.35). The business had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $3.32 billion. Fidelity National Financial had a return on equity of 14.88% and a net margin of 8.43%. The business's quarterly revenue was down 17.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 earnings per share. Equities research analysts forecast 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 declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 16th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.65%. Fidelity National Financial's dividend payout ratio is presently 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.

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