Reinhart Partners LLC. Sells 12,685 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Reinhart Partners LLC. trimmed its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 7.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,282 shares of the financial services provider's stock after selling 12,685 shares during the quarter. Reinhart Partners LLC. owned 0.06% of Fidelity National Financial worth $10,236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FNF. Smartleaf Asset Management LLC grew its stake in shares of 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 worth $75,000 after purchasing an additional 223 shares during the last quarter. Empowered Funds LLC raised its position in Fidelity National Financial by 62.2% during the 4th quarter. Empowered Funds LLC now owns 68,338 shares of the financial services provider's stock worth $3,836,000 after purchasing an additional 26,211 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in Fidelity National Financial by 5.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 18,736 shares of the financial services provider's stock worth $1,052,000 after buying an additional 970 shares during the period. Nicolet Advisory Services LLC grew its position in shares of Fidelity National Financial by 20.1% in 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, Choreo LLC bought a new stake in shares of Fidelity National Financial in the 4th quarter valued at about $664,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Stock Up 0.5%

Shares of NYSE:FNF traded up $0.30 during trading on Monday, reaching $55.02. 543,727 shares of the stock were exchanged, compared to its average volume of 1,167,428. Fidelity National Financial, Inc. has a 1-year low of $47.79 and a 1-year high of $66.72. The stock has a fifty day moving average of $59.26 and a two-hundred day moving average of $59.69. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 11.83 and a beta of 1.02.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings data 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). The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The business's quarterly revenue was down 17.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.91 EPS. Research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 3.64%. Fidelity National Financial's dividend payout ratio (DPR) is currently 49.50%.

Analyst Upgrades and Downgrades

FNF has been the subject of a number of analyst reports. Wall Street Zen downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Barclays raised 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 report on Monday, February 24th. Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective on the stock in a research note on Tuesday, April 8th. Finally, Stephens increased their price objective 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Fidelity National Financial has an average rating of "Moderate Buy" and a consensus price target of $71.60.

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.