UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $99.83 Million Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,778,245 shares of the financial services provider's stock after purchasing an additional 247,821 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.65% of Fidelity National Financial worth $99,831,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Twinbeech Capital LP acquired a new position in shares of Fidelity National Financial during the fourth quarter valued at approximately $5,020,000. Two Sigma Advisers LP boosted its position in shares of Fidelity National Financial by 5.7% during the fourth quarter. Two Sigma Advisers LP now owns 31,700 shares of the financial services provider's stock worth $1,780,000 after buying an additional 1,700 shares during the period. Toronto Dominion Bank increased its holdings in Fidelity National Financial by 6.9% during the 4th quarter. Toronto Dominion Bank now owns 33,943 shares of the financial services provider's stock worth $1,906,000 after purchasing an additional 2,198 shares during the period. Siemens Fonds Invest GmbH purchased a new stake in Fidelity National Financial during the 4th quarter worth about $63,000. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Fidelity National Financial in the 4th quarter valued at about $108,000. Institutional investors and hedge funds own 81.17% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Barclays upped their target price on Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research report on Monday, February 24th. Stephens raised their price objective 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. Wall Street Zen downgraded Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, 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. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $71.60.

Fidelity National Financial Price Performance

FNF traded up $0.19 during trading on Thursday, reaching $53.86. The stock had a trading volume of 425,061 shares, compared to its average volume of 1,149,709. Fidelity National Financial, Inc. has a 1-year low of $47.79 and a 1-year high of $66.72. The stock has a 50 day moving average of $60.75 and a two-hundred day moving average of $60.01. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 11.58 and a beta of 1.14. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.35). Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The firm had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $3.32 billion. During the same quarter in the prior year, the business posted $0.91 earnings per share. Fidelity National Financial's revenue was down 17.3% on a year-over-year basis. As a group, equities analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

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 issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend is Monday, June 16th. Fidelity National Financial's payout ratio is 49.50%.

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.