Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Robeco Institutional Asset Management B.V.

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

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FNF. Capital Analysts LLC acquired a new stake in shares of Fidelity National Financial in the fourth quarter worth approximately $29,000. Opal Wealth Advisors LLC acquired a new position in Fidelity National Financial during the first quarter worth approximately $32,000. Parkside Financial Bank & Trust raised its stake in Fidelity National Financial by 50.6% during 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 during the period. Kapitalo Investimentos Ltda acquired a new position in shares of Fidelity National Financial in the 4th quarter valued at $44,000. Finally, Colonial Trust Co SC boosted its holdings in shares of 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 valued at $45,000 after purchasing an additional 450 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company's stock.

Fidelity National Financial Price Performance

FNF opened at $56.19 on Tuesday. Fidelity National Financial, Inc. has a 52-week low of $47.92 and a 52-week high of $66.72. The company has a 50 day moving average of $57.42 and a two-hundred day moving average of $58.93. The company has a market cap of $15.43 billion, a P/E ratio of 13.91 and a beta of 1.02. 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 (NYSE:FNF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share 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 for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The business's revenue was down 17.3% compared to the same quarter last year. On average, analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 16th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.56%. The ex-dividend date was Monday, June 16th. Fidelity National Financial's payout ratio is 49.50%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. 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. Wall Street Zen lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. 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 MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average 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.

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