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

Mn Services Vermogensbeheer B.V. reduced its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 9.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Pallas Capital Advisors LLC boosted its stake in shares of 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 valued at $797,000 after purchasing an additional 6,405 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Fidelity National Financial by 19.9% in the fourth 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 during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Fidelity National Financial by 5.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 18,736 shares of the financial services provider's stock valued at $1,052,000 after purchasing an additional 970 shares during the last quarter. Nicolet Advisory Services LLC boosted its stake in shares of Fidelity National Financial by 20.1% during the 4th quarter. Nicolet Advisory Services LLC now owns 4,290 shares of the financial services provider's stock valued at $233,000 after buying an additional 717 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Fidelity National Financial by 81.3% during the 1st quarter. Farther Finance Advisors LLC now owns 5,833 shares of the financial services provider's stock valued at $385,000 after buying an additional 2,615 shares during the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FNF has been the subject of several research analyst reports. Wall Street Zen cut Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Barclays increased their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Stephens increased their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research report on Monday, February 24th. Finally, Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target on the stock in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Stock Performance

FNF traded up $0.14 during trading hours on Wednesday, hitting $54.07. 2,181,795 shares of the stock were exchanged, compared to its average volume of 1,189,252. The stock has a 50-day simple moving average of $58.45 and a 200-day simple moving average of $59.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.25 and a quick ratio of 0.25. Fidelity National Financial, Inc. has a 12 month low of $47.79 and a 12 month high of $66.72. The stock has a market cap of $14.85 billion, a price-to-earnings ratio of 13.38 and a beta of 1.02.

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 (EPS) 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 during the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the business posted $0.91 earnings per share. The company's quarterly revenue was down 17.3% compared to the same quarter last year. Analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The business 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. This represents a $2.00 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend was Monday, June 16th. Fidelity National Financial's payout ratio is 49.50%.

Fidelity National Financial 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.