Quantinno Capital Management LP Acquires 17,613 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Quantinno Capital Management LP increased its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 122.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,950 shares of the financial services provider's stock after acquiring an additional 17,613 shares during the period. Quantinno Capital Management LP's holdings in Fidelity National Financial were worth $1,794,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FNF. Capital Analysts LLC bought a new stake in shares of Fidelity National Financial in the 4th quarter valued at approximately $29,000. Parkside Financial Bank & Trust raised its holdings 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 valued at $35,000 after buying an additional 209 shares during the period. Kestra Investment Management LLC bought a new stake in Fidelity National Financial in the fourth quarter worth $37,000. Kapitalo Investimentos Ltda bought a new stake in Fidelity National Financial in the fourth quarter worth $44,000. Finally, Colonial Trust Co SC boosted its stake in Fidelity National Financial by 130.1% during the fourth quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider's stock worth $45,000 after buying an additional 450 shares during the period. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Trading Down 0.3%

FNF traded down $0.14 on Tuesday, reaching $53.81. 203,554 shares of the company traded hands, compared to its average volume of 1,144,818. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The company has a market cap of $14.78 billion, a P/E ratio of 11.58 and a beta of 1.14. The firm has a fifty day simple moving average of $61.14 and a two-hundred day simple moving average of $60.09. Fidelity National Financial, Inc. has a one year low of $47.79 and a one year high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced 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 net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The firm's revenue for the quarter was down 17.3% on a year-over-year basis. As a group, equities research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 16th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Monday, June 16th. Fidelity National Financial's dividend payout ratio (DPR) is presently 49.50%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods upgraded 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 report on Tuesday, April 8th. Barclays raised their price objective 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. Finally, Stephens upped their target price 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $71.60.

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.