Cwm LLC Raises Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

CWM LLC increased its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 48.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,357 shares of the financial services provider's stock after purchasing an additional 9,285 shares during the quarter. CWM LLC's holdings in Fidelity National Financial were worth $1,845,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FNF. Capital Analysts LLC purchased a new stake in shares of Fidelity National Financial during the 4th quarter valued at $29,000. Opal Wealth Advisors LLC purchased a new stake in shares of Fidelity National Financial during the 1st quarter valued at $32,000. Synergy Investment Management LLC purchased a new stake in shares of Fidelity National Financial during the 1st quarter valued at $36,000. Olde Wealth Management LLC purchased a new stake in shares of Fidelity National Financial during the 1st quarter valued at $40,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of Fidelity National Financial during the 4th quarter valued at $44,000. Institutional investors own 81.17% of the company's stock.

Fidelity National Financial Stock Up 1.5%

Shares of Fidelity National Financial stock traded up $0.84 during trading hours on Tuesday, reaching $55.64. 436,111 shares of the company were exchanged, compared to its average volume of 1,335,558. Fidelity National Financial, Inc. has a 1 year low of $50.61 and a 1 year high of $66.72. The stock's fifty day moving average is $55.25 and its 200 day moving average is $58.78. 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 cap of $15.28 billion, a PE ratio of 13.77 and a beta of 1.02.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by ($0.35). The company 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 firm's revenue was down 17.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 EPS. As a group, 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 firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 16th were paid 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 3.59%. Fidelity National Financial's dividend payout ratio (DPR) is 49.50%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FNF. Barclays cut their price target on Fidelity National Financial from $67.00 to $65.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 8th. 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 report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $71.20.

About Fidelity National Financial

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.