Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC trimmed its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 97.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,705 shares of the financial services provider's stock after selling 117,813 shares during the quarter. Cyndeo Wealth Partners LLC's holdings in Fidelity National Financial were worth $241,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FNF. Vanguard Group Inc. lifted its holdings in shares of Fidelity National Financial by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 27,054,319 shares of the financial services provider's stock worth $1,518,829,000 after acquiring an additional 150,493 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Fidelity National Financial by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,412,888 shares of the financial services provider's stock worth $472,300,000 after acquiring an additional 387,729 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Fidelity National Financial by 1.2% in the 4th quarter. Victory Capital Management Inc. now owns 8,093,184 shares of the financial services provider's stock worth $454,351,000 after acquiring an additional 98,751 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Fidelity National Financial by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 4,497,471 shares of the financial services provider's stock worth $252,037,000 after acquiring an additional 34,634 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Fidelity National Financial by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,385,420 shares of the financial services provider's stock worth $190,060,000 after acquiring an additional 16,095 shares during the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FNF has been the topic of several recent analyst reports. Barclays upped their price objective on shares of 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 upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective on the stock in a report on Tuesday, April 8th. Wall Street Zen lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Stephens increased their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Stock Up 0.3%

FNF stock traded up $0.14 during midday trading on Thursday, hitting $54.07. The company's stock had a trading volume of 2,181,795 shares, compared to its average volume of 1,189,253. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 52-week low of $47.79 and a 52-week high of $66.72. The firm has a market capitalization of $14.85 billion, a P/E ratio of 13.38 and a beta of 1.02. The firm has a 50-day simple moving average of $58.30 and a 200-day simple moving average of $59.28.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly 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 net margin of 8.43% and a return on equity of 14.88%. The business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same period in the prior year, the business earned $0.91 EPS. The business's quarterly revenue was down 17.3% on a year-over-year basis. As a group, equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

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