CWA Asset Management Group LLC Has $10.37 Million Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

CWA Asset Management Group LLC cut its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 7.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 159,284 shares of the financial services provider's stock after selling 12,480 shares during the quarter. CWA Asset Management Group LLC owned approximately 0.06% of Fidelity National Financial worth $10,366,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Opal Wealth Advisors LLC bought a new stake in Fidelity National Financial during the 1st quarter worth about $32,000. Capital Analysts LLC acquired a new position in shares of Fidelity National Financial during the fourth quarter worth approximately $29,000. Parkside Financial Bank & Trust grew its stake in shares of Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 209 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Fidelity National Financial during the fourth quarter valued at approximately $37,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Fidelity National Financial in the fourth quarter valued at approximately $44,000. 81.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FNF. Barclays upped their price objective on Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a report on Monday, February 24th. Keefe, Bruyette & Woods raised Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target on the stock in a research note on Tuesday, April 8th. Stephens raised their price target on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, February 24th. Finally, Wall Street Zen lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Trading Up 0.3%

FNF traded up $0.14 during trading on Thursday, reaching $54.07. 2,181,795 shares of the company's stock were exchanged, compared to its average volume of 1,189,253. The company's fifty day moving average price is $58.30 and its 200-day moving average price is $59.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.25 and a current ratio of 0.25. The firm has a market capitalization of $14.85 billion, a PE ratio of 13.38 and a beta of 1.02. Fidelity National Financial, Inc. has a fifty-two week low of $47.79 and a fifty-two week high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.35). Fidelity National Financial had a return on equity of 14.88% and a net margin of 8.43%. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the previous year, the business earned $0.91 EPS. The firm's revenue was down 17.3% compared to the same quarter last year. As a group, equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 16th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend was Monday, June 16th. Fidelity National Financial's dividend payout ratio is currently 49.50%.

Fidelity National Financial Company 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.