Insider Selling: Fidelity National Financial, Inc. (NYSE:FNF) Director Sells 3,000 Shares of Stock

Fidelity National Financial, Inc. (NYSE:FNF - Get Free Report) Director Halim Dhanidina sold 3,000 shares of the company's stock in a transaction on Friday, April 26th. The stock was sold at an average price of $50.64, for a total value of $151,920.00. Following the transaction, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Fidelity National Financial Stock Performance

NYSE:FNF traded up $0.17 during mid-day trading on Monday, hitting $50.56. The company's stock had a trading volume of 769,270 shares, compared to its average volume of 1,578,852. Fidelity National Financial, Inc. has a 1 year low of $32.02 and a 1 year high of $53.96. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.21 and a quick ratio of 0.21. The stock has a market cap of $13.81 billion, a price-to-earnings ratio of 26.47 and a beta of 1.34. The business's fifty day moving average is $50.63 and its two-hundred day moving average is $48.01.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.75 EPS for the quarter, missing the consensus estimate 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 previous year, the company posted $1.06 earnings per share. Analysts anticipate that Fidelity National Financial, Inc. will post 4.81 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Thursday, March 14th. Fidelity National Financial's payout ratio is 100.52%.

Institutional Investors Weigh In On Fidelity National Financial

Hedge funds have recently modified their holdings of the company. Baystate Wealth Management LLC boosted its stake in shares of Fidelity National Financial by 5,300.0% during the 3rd quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider's stock worth $25,000 after acquiring an additional 583 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Fidelity National Financial during the 4th quarter worth about $27,000. VisionPoint Advisory Group LLC boosted its stake in shares of Fidelity National Financial by 107.0% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider's stock worth $30,000 after acquiring an additional 381 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Fidelity National Financial during the 1st quarter worth about $31,000. Finally, MCF Advisors LLC boosted its stake in shares of Fidelity National Financial by 116.0% during the 1st quarter. MCF Advisors LLC now owns 674 shares of the financial services provider's stock worth $36,000 after acquiring an additional 362 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on FNF shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Fidelity National Financial in a report on Wednesday, January 10th. They set a "hold" rating on the stock. 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 report on Friday, February 23rd. Keefe, Bruyette & Woods boosted their price objective on shares of Fidelity National Financial from $54.00 to $56.00 and gave the company a "market perform" rating in a report on Thursday, March 21st. Finally, 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 report on Tuesday, April 9th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $54.20.

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.