Snowden Capital Advisors LLC Sells 49,930 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Snowden Capital Advisors LLC decreased its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 73.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 filing with the SEC.

A number of other hedge funds also recently made changes to their positions in FNF. Capital Analysts LLC acquired a new position in shares of Fidelity National Financial in the 4th quarter valued at $29,000. Parkside Financial Bank & Trust raised its stake in shares of Fidelity National Financial by 50.6% in 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 in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth about $37,000. Kapitalo Investimentos Ltda bought a new position in Fidelity National Financial during the 4th quarter valued at about $44,000. Finally, Colonial Trust Co SC lifted its holdings in Fidelity National Financial by 130.1% during the 4th quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 450 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Fidelity National Financial Price Performance

FNF traded up $0.33 during midday trading on Friday, hitting $53.95. The company had a trading volume of 1,231,586 shares, compared to its average volume of 1,148,458. 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 company has a market capitalization of $14.82 billion, a PE ratio of 11.60 and a beta of 1.14. Fidelity National Financial, Inc. has a twelve month low of $47.79 and a twelve month high of $66.72. The firm's 50-day simple moving average is $61.35 and its 200-day simple moving average is $60.14.

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

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 16th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.71%. The ex-dividend date is Monday, June 16th. Fidelity National Financial's payout ratio is presently 49.50%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FNF. Barclays lifted their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company 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 target for the company in a report on Tuesday, April 8th. Stephens lifted their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, February 24th. 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 research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Fidelity National Financial has an average rating of "Moderate Buy" and an average 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.