Robeco Institutional Asset Management B.V. Trims Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Robeco Institutional Asset Management B.V. decreased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 15.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 62,257 shares of the financial services provider's stock after selling 11,758 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Fidelity National Financial were worth $4,052,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of FNF. Pallas Capital Advisors LLC grew its holdings in 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 worth $797,000 after purchasing an additional 6,405 shares during the period. Oppenheimer & Co. Inc. increased its position in Fidelity National Financial by 5.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 23,189 shares of the financial services provider's stock valued at $1,509,000 after buying an additional 1,267 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Fidelity National Financial by 19.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock worth $75,000 after buying an additional 223 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Fidelity National Financial by 4.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 85,118 shares of the financial services provider's stock valued at $5,540,000 after acquiring an additional 3,510 shares during the period. Finally, Asset Management One Co. Ltd. increased its holdings in shares of Fidelity National Financial by 3.0% during the first quarter. Asset Management One Co. Ltd. now owns 97,207 shares of the financial services provider's stock valued at $6,326,000 after acquiring an additional 2,807 shares in the last quarter. Institutional investors own 81.17% of the company's stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods raised shares of 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 report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Stock Performance

FNF stock traded up $0.68 during midday trading on Friday, hitting $57.99. The company's stock had a trading volume of 1,622,302 shares, compared to its average volume of 1,230,615. The stock's 50-day moving average price is $57.14 and its 200 day moving average price is $58.90. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.50. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. Fidelity National Financial, Inc. has a 1 year low of $47.92 and a 1 year high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced 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 return on equity of 14.88% and a net margin of 8.43%. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the prior year, the firm posted $0.91 EPS. The business's revenue was down 17.3% on a year-over-year basis. On average, 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 announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 16th were paid a $0.50 dividend. The ex-dividend date was Monday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.45%. Fidelity National Financial's payout ratio is presently 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.