Cyndeo Wealth Partners LLC Sells 117,813 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Cyndeo Wealth Partners LLC cut its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 97.0% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 3,705 shares of the financial services provider's stock after selling 117,813 shares during the period. Cyndeo Wealth Partners LLC's holdings in Fidelity National Financial were worth $241,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Capital Analysts LLC acquired a new stake in shares of Fidelity National Financial during the 4th quarter valued at approximately $29,000. Opal Wealth Advisors LLC bought a new position in shares of Fidelity National Financial in the first quarter worth $32,000. Parkside Financial Bank & Trust grew its stake in shares of Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after purchasing an additional 209 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Fidelity National Financial in the fourth quarter valued at $37,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Fidelity National Financial in the fourth quarter valued at $44,000. 81.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Fidelity National Financial Stock Performance

FNF traded up $0.38 during midday trading on Friday, reaching $54.50. The company's stock had a trading volume of 3,256,477 shares, compared to its average volume of 1,196,709. The stock has a market cap of $14.97 billion, a P/E ratio of 13.49 and a beta of 1.02. The company has a fifty day simple moving average of $58.08 and a 200 day simple moving average of $59.14. 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 twelve month low of $47.79 and a twelve month high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.78 EPS 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 company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter last year, the business earned $0.91 EPS. Fidelity National Financial's quarterly revenue was down 17.3% compared to the same quarter last year. Research analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 16th were given a $0.50 dividend. The ex-dividend date was Monday, June 16th. This represents a $2.00 annualized dividend and a yield of 3.67%. Fidelity National Financial's payout ratio is 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.