Fidelity National Financial, Inc. (NYSE:FNF) is Windacre Partnership LLC's 3rd Largest Position

Windacre Partnership LLC lowered its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,728,700 shares of the financial services provider's stock after selling 295,600 shares during the period. Fidelity National Financial accounts for about 12.9% of Windacre Partnership LLC's investment portfolio, making the stock its 3rd largest position. Windacre Partnership LLC owned about 5.75% of Fidelity National Financial worth $883,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Capital Analysts LLC bought a new stake in Fidelity National Financial in the fourth quarter worth $29,000. Parkside Financial Bank & Trust boosted its stake in Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after buying an additional 209 shares during the period. Kestra Investment Management LLC purchased a new position in Fidelity National Financial during the fourth quarter worth $37,000. Kapitalo Investimentos Ltda purchased a new position in Fidelity National Financial during the fourth quarter worth $44,000. Finally, Colonial Trust Co SC boosted its stake in Fidelity National Financial by 130.1% during the fourth quarter. Colonial Trust Co SC now owns 796 shares of the financial services provider's stock worth $45,000 after buying an additional 450 shares during the period. Institutional investors own 81.17% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on FNF shares. Barclays lifted their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research note on Monday, February 24th. Wall Street Zen lowered shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price for the company in a research note on Tuesday, April 8th. Finally, Stephens boosted their target price on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Trading Down 1.2%

Shares of FNF traded down $0.63 during trading hours on Thursday, reaching $53.53. 1,684,737 shares of the company traded hands, compared to its average volume of 1,143,498. Fidelity National Financial, Inc. has a 12-month low of $47.79 and a 12-month high of $66.72. The stock's fifty day moving average price is $61.78 and its 200 day moving average price is $60.21. The firm has a market cap of $14.70 billion, a price-to-earnings ratio of 11.51 and a beta of 1.14. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates 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 business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same period last year, the company earned $0.91 earnings per share. The firm's revenue was down 17.3% compared to the same quarter last year. Sell-side analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

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 issued a $0.50 dividend. The ex-dividend date is Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 3.74%. Fidelity National Financial's dividend payout ratio is presently 49.50%.

About Fidelity National Financial

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.