Fidelity National Financial, Inc. (NYSE:FNF) Shares Purchased by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. boosted its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 63.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,402 shares of the financial services provider's stock after buying an additional 15,273 shares during the period. Lecap Asset Management Ltd.'s holdings in Fidelity National Financial were worth $2,564,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Capital Analysts LLC purchased a new stake in Fidelity National Financial in the fourth quarter valued at approximately $29,000. Opal Wealth Advisors LLC purchased a new stake in Fidelity National Financial in the 1st quarter worth approximately $32,000. Parkside Financial Bank & Trust boosted its position in Fidelity National Financial by 50.6% in the 4th 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. Kapitalo Investimentos Ltda purchased a new stake in Fidelity National Financial in the 4th quarter worth approximately $44,000. Finally, Colonial Trust Co SC boosted its position in Fidelity National Financial by 130.1% in the 4th quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider's stock worth $45,000 after purchasing an additional 450 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

Fidelity National Financial Price Performance

NYSE FNF traded up $0.25 during mid-day trading on Friday, hitting $56.58. The stock had a trading volume of 2,957,810 shares, compared to its average volume of 1,225,986. The firm's 50 day moving average is $57.49 and its 200 day moving average is $58.97. Fidelity National Financial, Inc. has a twelve month low of $47.92 and a twelve month 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. The stock has a market capitalization of $15.54 billion, a price-to-earnings ratio of 14.00 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 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 firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the company posted $0.91 earnings per share. The firm's revenue for the quarter was down 17.3% compared to the same quarter last year. Equities research analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 16th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.53%. The ex-dividend date was Monday, June 16th. Fidelity National Financial's dividend payout ratio is currently 49.50%.

Analyst Ratings Changes

FNF has been the topic of several recent research reports. Wall Street Zen lowered 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 target price for the company in a research note on Tuesday, April 8th. Two 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, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $71.60.

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.