Snowden Capital Advisors LLC Has $1 Million Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Snowden Capital Advisors LLC trimmed its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 73.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,887 shares of the financial services provider's stock after selling 49,930 shares during the quarter. Snowden Capital Advisors LLC's holdings in Fidelity National Financial were worth $1,004,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Chesley Taft & Associates LLC boosted its holdings in Fidelity National Financial by 1.2% in the fourth quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider's stock worth $937,000 after acquiring an additional 200 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Fidelity National Financial by 0.3% during the fourth quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider's stock worth $4,053,000 after acquiring an additional 200 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake 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 purchasing an additional 209 shares during the last quarter. Essex Financial Services Inc. increased its holdings in Fidelity National Financial by 5.3% during the 4th quarter. Essex Financial Services Inc. now owns 4,206 shares of the financial services provider's stock worth $236,000 after purchasing an additional 211 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings 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 valued at $75,000 after purchasing an additional 223 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Fidelity National Financial Trading Down 0.4%

Shares of FNF opened at $57.99 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market cap of $15.93 billion, a P/E ratio of 12.47 and a beta of 1.14. Fidelity National Financial, Inc. has a fifty-two week low of $47.79 and a fifty-two week high of $66.72. The business has a 50-day moving average of $62.13 and a 200 day moving average of $60.28.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its 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 business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $3.32 billion. The company's revenue was down 17.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 EPS. As a group, research analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, June 16th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Monday, June 16th. Fidelity National Financial's payout ratio is 49.50%.

Wall Street Analysts Forecast Growth

FNF has been the subject of a number of analyst reports. Keefe, Bruyette & Woods raised Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target for the company in a research report on Tuesday, April 8th. Barclays boosted their target price on 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. StockNews.com downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Stephens raised their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Two equities 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 currently has an average rating of "Moderate Buy" and a consensus target price 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.

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