Fidelity National Financial, Inc. (NYSE:FNF) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Fidelity National Financial, Inc. (NYSE:FNF - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six brokerages that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $54.20.

Several research analysts recently issued reports on the company. Keefe, Bruyette & Woods boosted their price target on Fidelity National Financial from $54.00 to $56.00 and gave the company a "market perform" rating in a report on Thursday, March 21st. Barclays boosted their price objective on shares of Fidelity National Financial from $52.00 to $56.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 9th. Truist Financial boosted their price objective on shares of Fidelity National Financial from $55.00 to $60.00 and gave the company a "buy" rating in a research note on Friday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Fidelity National Financial in a research note on Wednesday, January 10th. They set a "hold" rating for the company.

Insider Activity

In related news, Director Cary H. Thompson sold 23,410 shares of the firm's stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the transaction, the director now owns 40,317 shares in the company, valued at $2,060,601.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 5.40% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Teachers Retirement System of The State of Kentucky acquired a new position in Fidelity National Financial in the 3rd quarter worth approximately $2,778,000. Lecap Asset Management Ltd. acquired a new stake in shares of Fidelity National Financial during the 4th quarter valued at $1,335,000. CENTRAL TRUST Co lifted its stake in shares of Fidelity National Financial by 30.0% in the 4th quarter. CENTRAL TRUST Co now owns 2,230 shares of the financial services provider's stock valued at $114,000 after purchasing an additional 515 shares during the last quarter. AustralianSuper Pty Ltd lifted its stake in shares of Fidelity National Financial by 14.0% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,570,956 shares of the financial services provider's stock valued at $80,150,000 after purchasing an additional 193,050 shares during the last quarter. Finally, OLD National Bancorp IN lifted its stake in shares of Fidelity National Financial by 4.7% in the 4th quarter. OLD National Bancorp IN now owns 201,068 shares of the financial services provider's stock valued at $10,258,000 after purchasing an additional 9,110 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company's stock.

Fidelity National Financial Stock Performance

Shares of NYSE FNF traded up $1.41 during midday trading on Tuesday, reaching $50.85. 1,080,586 shares of the company were exchanged, compared to its average volume of 1,602,313. Fidelity National Financial has a 1 year low of $32.02 and a 1 year high of $53.96. The stock has a fifty day simple moving average of $50.79 and a 200 day simple moving average of $47.62. The stock has a market cap of $13.89 billion, a P/E ratio of 25.90 and a beta of 1.34. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.52.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by ($0.27). Fidelity National Financial had a net margin of 4.40% and a return on equity of 13.91%. The business had revenue of $3.43 billion during the quarter, compared to analysts' expectations of $2.80 billion. During the same period in the prior year, the firm posted $1.06 EPS. On average, research analysts forecast that Fidelity National Financial will post 4.81 earnings per share for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a $0.48 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.92 dividend on an annualized basis and a yield of 3.78%. Fidelity National Financial's dividend payout ratio is currently 100.52%.

Fidelity National Financial Company 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.