Stephens Inc. AR Lowers Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Stephens Inc. AR trimmed its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 16.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,252 shares of the financial services provider's stock after selling 27,891 shares during the period. Stephens Inc. AR owned 0.05% of Fidelity National Financial worth $9,063,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new stake in Fidelity National Financial in the 1st quarter valued at $32,000. Capital Analysts LLC bought a new stake in Fidelity National Financial in the 4th quarter valued at $29,000. Synergy Investment Management LLC bought a new stake in Fidelity National Financial in the 1st quarter valued at $36,000. Olde Wealth Management LLC bought a new stake in Fidelity National Financial in the 1st quarter valued at $40,000. Finally, Private Trust Co. NA increased its holdings in Fidelity National Financial by 38.7% in the 1st quarter. Private Trust Co. NA now owns 738 shares of the financial services provider's stock valued at $48,000 after acquiring an additional 206 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Price Performance

Shares of Fidelity National Financial stock traded down $0.16 during trading hours on Tuesday, reaching $53.02. The company's stock had a trading volume of 363,363 shares, compared to its average volume of 1,558,489. The firm has a 50 day moving average price of $55.87 and a 200-day moving average price of $58.84. Fidelity National Financial, Inc. has a one year low of $50.61 and a one year high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.25 and a quick ratio of 0.25. The stock has a market cap of $14.56 billion, a P/E ratio of 13.12 and a beta of 1.02.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.78 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 firm had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $3.32 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. Fidelity National Financial's revenue for the quarter was down 17.3% on a year-over-year basis. On average, analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 16th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.77%. Fidelity National Financial's dividend payout ratio is presently 49.50%.

Analyst Ratings Changes

A number of research firms have recently weighed in on FNF. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price on the stock in a report on Tuesday, April 8th. Barclays reduced their target price on shares of Fidelity National Financial from $67.00 to $65.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 8th. Two 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 currently has an average rating of "Moderate Buy" and an average target price of $71.20.

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.