KBC Group NV Has $25.39 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

KBC Group NV trimmed its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 390,150 shares of the financial services provider's stock after selling 19,172 shares during the quarter. KBC Group NV owned approximately 0.14% of Fidelity National Financial worth $25,391,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Norges Bank purchased a new position in shares of Fidelity National Financial in the fourth quarter valued at $158,386,000. Invesco Ltd. increased its holdings in shares of Fidelity National Financial by 53.3% in the 4th quarter. Invesco Ltd. now owns 2,199,684 shares of the financial services provider's stock valued at $123,490,000 after acquiring an additional 764,958 shares during the period. Hsbc Holdings PLC raised its stake in shares of Fidelity National Financial by 99.0% in the fourth quarter. Hsbc Holdings PLC now owns 1,437,460 shares of the financial services provider's stock worth $80,689,000 after purchasing an additional 715,070 shares during the last quarter. AQR Capital Management LLC lifted its position in Fidelity National Financial by 135.8% during the fourth quarter. AQR Capital Management LLC now owns 1,167,485 shares of the financial services provider's stock valued at $65,543,000 after purchasing an additional 672,323 shares during the period. Finally, GAMMA Investing LLC boosted its position in Fidelity National Financial by 8,302.5% during the first quarter. GAMMA Investing LLC now owns 626,655 shares of the financial services provider's stock worth $40,783,000 after acquiring an additional 619,197 shares during the last quarter. Institutional investors own 81.17% of the company's stock.

Analyst Ratings Changes

FNF has been the subject of a number of analyst 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 price objective on the stock in a report 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. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Stock Up 0.1%

Shares of Fidelity National Financial stock traded up $0.03 during midday trading on Wednesday, reaching $57.30. 1,290,238 shares of the company's stock traded hands, compared to its average volume of 1,226,910. Fidelity National Financial, Inc. has a 52 week low of $47.92 and a 52 week high of $66.72. The company's 50 day simple moving average is $57.34 and its 200 day simple moving average is $58.92. The company has a market cap of $15.74 billion, a price-to-earnings ratio of 14.18 and a beta of 1.02. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.25 and a current ratio of 0.25.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates 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 business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The firm's quarterly revenue was down 17.3% on a year-over-year basis. Equities analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 16th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend was Monday, June 16th. Fidelity National Financial's dividend 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.