Gotham Asset Management LLC Has $12.40 Million Stock Position in Fidelity National Financial, Inc. (NYSE:FNF)

Gotham Asset Management LLC lessened its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 220,909 shares of the financial services provider's stock after selling 5,239 shares during the period. Gotham Asset Management LLC owned about 0.08% of Fidelity National Financial worth $12,402,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Barclays PLC raised its stake in Fidelity National Financial by 4.4% in the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after acquiring an additional 9,146 shares during the period. Tidal Investments LLC raised its position in shares of Fidelity National Financial by 38.9% in the third quarter. Tidal Investments LLC now owns 6,756 shares of the financial services provider's stock valued at $419,000 after purchasing an additional 1,892 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Fidelity National Financial by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,094 shares of the financial services provider's stock worth $1,557,000 after buying an additional 348 shares during the last quarter. Pallas Capital Advisors LLC boosted its holdings in shares of Fidelity National Financial by 8.0% during the 4th quarter. Pallas Capital Advisors LLC now owns 5,836 shares of the financial services provider's stock worth $328,000 after buying an additional 430 shares during the period. Finally, Accurate Wealth Management LLC grew its stake in Fidelity National Financial by 11.9% in the 4th quarter. Accurate Wealth Management LLC now owns 5,238 shares of the financial services provider's stock valued at $284,000 after buying an additional 556 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FNF. Keefe, Bruyette & Woods upgraded Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective on the stock in a research report on Tuesday, April 8th. 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. Stephens boosted their price objective on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, February 24th. Finally, StockNews.com cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $71.60.

Fidelity National Financial Price Performance

Shares of FNF traded up $0.70 during mid-day trading on Thursday, reaching $57.54. The company had a trading volume of 1,169,325 shares, compared to its average volume of 1,135,663. The company's 50 day simple moving average is $62.37 and its 200 day simple moving average is $60.32. The company has a market capitalization of $15.80 billion, a price-to-earnings ratio of 12.37 and a beta of 1.14. Fidelity National Financial, Inc. has a 1-year low of $47.79 and a 1-year high of $66.72. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced 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 net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the business posted $0.91 earnings per share. The business's revenue for the quarter was down 17.3% compared to the same quarter last year. Analysts expect that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, June 16th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.48%. Fidelity National Financial's dividend payout ratio (DPR) is 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.