Universal Beteiligungs und Servicegesellschaft mbH Boosts Stock Position in Fidelity National Financial, Inc. $FNF

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Fidelity National Financial by 24.2% in Q4, adding 23,538 shares to hold 120,970 shares valued at about $6.655 million.
• Analysts have trimmed targets recently, but the consensus remains a Moderate Buy with an average price target of $62.67 and a split of two Buy and two Hold ratings.
• FNF reported Q4 EPS of $1.41 (missed estimates by $0.10) while revenue rose 11.9% to $4.05 billion, and it pays a quarterly dividend of $0.52 (annualized yield ~4.0%) with a payout ratio near 97.65%.

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 24.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,970 shares of the financial services provider's stock after acquiring an additional 23,538 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Fidelity National Financial were worth $6,655,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Quent Capital LLC bought a new stake in Fidelity National Financial during the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp raised its position in Fidelity National Financial by 997.7% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 472 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 429 shares in the last quarter. Mather Group LLC. bought a new stake in Fidelity National Financial during the 3rd quarter valued at $29,000. Canton Hathaway LLC bought a new stake in Fidelity National Financial during the 4th quarter valued at $26,000. Finally, Headlands Technologies LLC bought a new stake in Fidelity National Financial during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 81.17% of the company's stock.

Analysts Set New Price Targets

FNF has been the subject of several recent research reports. Wall Street Zen lowered Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Monday, January 26th. Barclays reduced their target price on Fidelity National Financial from $63.00 to $54.00 and set an "equal weight" rating on the stock in a research report on Monday, April 6th. Weiss Ratings lowered Fidelity National Financial from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, March 2nd. National Bank Financial set a $67.00 target price on Fidelity National Financial in a research note on Friday, April 10th. Finally, Keefe, Bruyette & Woods lowered their price target on Fidelity National Financial from $71.00 to $67.00 and set an "outperform" rating on the stock in a research report on Friday, April 10th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Fidelity National Financial has a consensus rating of "Moderate Buy" and an average price target of $62.67.

Fidelity National Financial Price Performance

Shares of Fidelity National Financial stock opened at $51.89 on Tuesday. The business has a 50 day simple moving average of $48.87 and a two-hundred day simple moving average of $53.54. Fidelity National Financial, Inc. has a 12 month low of $42.78 and a 12 month high of $65.33. The stock has a market capitalization of $13.97 billion, a P/E ratio of 24.41, a PEG ratio of 0.67 and a beta of 1.01. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its earnings results on Thursday, February 19th. The financial services provider reported $1.41 EPS for the quarter, missing analysts' consensus estimates of $1.51 by ($0.10). Fidelity National Financial had a net margin of 4.17% and a return on equity of 15.06%. The firm had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.66 billion. During the same period in the previous year, the company earned $1.34 EPS. Fidelity National Financial's revenue was up 11.9% compared to the same quarter last year. As a group, analysts predict that Fidelity National Financial, Inc. will post 6 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, March 17th. Fidelity National Financial's dividend payout ratio (DPR) is currently 97.65%.

Fidelity National Financial Profile

Fidelity National Financial NYSE: FNF is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.

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