11,766 Shares in Fidelity National Financial, Inc. (NYSE:FNF) Purchased by Nebula Research & Development LLC

Nebula Research & Development LLC acquired a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 11,766 shares of the financial services provider's stock, valued at approximately $661,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC lifted its stake in shares of Fidelity National Financial by 19.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock valued at $75,000 after purchasing an additional 223 shares during the period. Everence Capital Management Inc. bought a new position in Fidelity National Financial during the fourth quarter worth $621,000. GAMMA Investing LLC grew its holdings in Fidelity National Financial by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 7,458 shares of the financial services provider's stock worth $419,000 after purchasing an additional 1,233 shares during the period. Barclays PLC raised its holdings in shares of Fidelity National Financial by 4.4% during the third quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after purchasing an additional 9,146 shares during the period. Finally, Versant Capital Management Inc boosted its position in shares of Fidelity National Financial by 17.1% during the 4th quarter. Versant Capital Management Inc now owns 1,729 shares of the financial services provider's stock worth $97,000 after purchasing an additional 252 shares in the last quarter. Institutional investors own 81.17% of the company's stock.

Fidelity National Financial Stock Up 2.5 %

Shares of NYSE FNF traded up $1.61 during trading on Friday, reaching $65.05. The company had a trading volume of 1,173,563 shares, compared to its average volume of 1,121,742. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The stock has a market cap of $17.89 billion, a PE ratio of 13.99 and a beta of 1.09. Fidelity National Financial, Inc. has a 12-month low of $47.79 and a 12-month high of $66.72. The business's 50-day moving average is $62.75 and its 200 day moving average is $60.35.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.11. The company had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same period in the previous year, the firm earned $0.75 EPS. As a group, equities analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.07%. Fidelity National Financial's dividend payout ratio (DPR) is presently 43.01%.

Wall Street Analyst Weigh In

A number of brokerages have commented on FNF. Keefe, Bruyette & Woods upgraded shares of 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 note on Tuesday, April 8th. StockNews.com cut Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Barclays increased their target price on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock 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 report on Monday, February 24th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and upped their price objective for the stock from $76.00 to $77.00 in a report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $71.60.

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.