16,567 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Acquired by Unigestion Holding SA

Unigestion Holding SA bought a new stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,567 shares of the financial services provider's stock, valued at approximately $1,078,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Blue Trust Inc. grew its holdings in Fidelity National Financial by 33.7% in the fourth quarter. Blue Trust Inc. now owns 1,739 shares of the financial services provider's stock valued at $108,000 after purchasing an additional 438 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Fidelity National Financial during the fourth quarter worth $89,000. U.S. Capital Wealth Advisors LLC purchased a new stake in Fidelity National Financial in the fourth quarter valued at approximately $249,000. Stratos Wealth Partners LTD. increased its holdings in shares of Fidelity National Financial by 6.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,147 shares of the financial services provider's stock worth $401,000 after buying an additional 412 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Fidelity National Financial by 20.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 194,020 shares of the financial services provider's stock worth $10,926,000 after purchasing an additional 32,678 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Stock Performance

Shares of FNF stock traded up $0.73 on Friday, hitting $54.74. 517,344 shares of the stock traded hands, compared to its average volume of 1,164,329. The company's fifty day moving average is $59.48 and its 200 day moving average is $59.74. Fidelity National Financial, Inc. has a 1-year low of $47.79 and a 1-year high of $66.72. The company has a market capitalization of $15.03 billion, a PE ratio of 11.77 and a beta of 1.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued 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). Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the business earned $0.91 earnings per share. The company's revenue for the quarter was down 17.3% compared to the same quarter last year. On average, equities research analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 3.65%. Fidelity National Financial's dividend payout ratio (DPR) is 49.50%.

Wall Street Analyst Weigh In

Several research firms recently commented on FNF. Keefe, Bruyette & Woods raised Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price target on the stock in a research report on Tuesday, April 8th. Barclays upped their price objective on shares of 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 upped their target price on Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research report on Monday, February 24th. Finally, Wall Street Zen lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Fidelity National Financial presently has an average rating of "Moderate Buy" and a consensus price target of $71.60.

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.