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

CWA Asset Management Group LLC lessened 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 firm 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 0.06% of Fidelity National Financial worth $10,366,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Pallas Capital Advisors LLC boosted its position in shares of Fidelity National Financial by 109.7% in the first quarter. Pallas Capital Advisors LLC now owns 12,241 shares of the financial services provider's stock valued at $797,000 after acquiring an additional 6,405 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Fidelity National Financial by 19.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock valued at $75,000 after acquiring an additional 223 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Fidelity National Financial by 81.3% in the first quarter. Farther Finance Advisors LLC now owns 5,833 shares of the financial services provider's stock valued at $385,000 after acquiring an additional 2,615 shares during the period. Fifth Third Bancorp boosted its position in shares of Fidelity National Financial by 19.2% in the first quarter. Fifth Third Bancorp now owns 3,794 shares of the financial services provider's stock valued at $247,000 after acquiring an additional 610 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Fidelity National Financial by 5.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 18,736 shares of the financial services provider's stock valued at $1,052,000 after acquiring an additional 970 shares during the period. Institutional investors own 81.17% of the company's stock.

Fidelity National Financial Price Performance

FNF stock traded up $0.38 during midday trading on Friday, reaching $54.50. The company had a trading volume of 3,256,477 shares, compared to its average volume of 1,196,709. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 13.49 and a beta of 1.02. The stock has a 50 day moving average price of $58.08 and a 200-day moving average price of $59.14. Fidelity National Financial, Inc. has a 1-year low of $47.79 and a 1-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.

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 EPS for the quarter, missing analysts' consensus estimates 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 firm's revenue for the quarter was down 17.3% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. Equities research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

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 dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend was Monday, June 16th. Fidelity National Financial's payout ratio is 49.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on FNF shares. Wall Street Zen cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research 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 target for the company in a research note on Tuesday, April 8th. Stephens boosted their price target on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Finally, Barclays boosted their price target on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.