Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lowered its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 9.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 94,400 shares of the financial services provider's stock after selling 9,700 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Fidelity National Financial were worth $6,144,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of FNF. Kaizen Financial Strategies raised its position in Fidelity National Financial by 4.8% in the 1st quarter. Kaizen Financial Strategies now owns 4,136 shares of the financial services provider's stock valued at $269,000 after purchasing an additional 188 shares during the last quarter. My Legacy Advisors LLC grew its holdings in shares of Fidelity National Financial by 2.3% during the first quarter. My Legacy Advisors LLC now owns 8,716 shares of the financial services provider's stock worth $567,000 after buying an additional 197 shares during the last quarter. Parkside Financial Bank & Trust raised its position in Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after buying an additional 209 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Fidelity National Financial by 19.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock valued at $75,000 after purchasing an additional 223 shares in the last quarter. Finally, Prosperitas Financial LLC increased its position in Fidelity National Financial by 5.4% during the 4th quarter. Prosperitas Financial LLC now owns 4,997 shares of the financial services provider's stock worth $281,000 after purchasing an additional 256 shares during the period. 81.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on FNF shares. Stephens lifted their price target on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Barclays upped their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research note 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 for the company in a research note on Tuesday, April 8th. Finally, Wall Street Zen downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Price Performance

Shares of NYSE FNF traded up $0.38 on Friday, hitting $54.50. The company's stock had a trading volume of 3,225,456 shares, compared to its average volume of 1,197,489. 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 50 day moving average of $58.18 and a 200-day moving average of $59.22. Fidelity National Financial, Inc. has a 12-month low of $47.79 and a 12-month high of $66.72. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 13.49 and a beta of 1.02.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its earnings results on Wednesday, May 7th. The financial services provider reported $0.78 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the company posted $0.91 EPS. Fidelity National Financial's quarterly revenue was down 17.3% compared to the same quarter last year. As a group, research analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 16th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend was Monday, June 16th. Fidelity National Financial's dividend payout ratio is presently 49.50%.

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.