Lecap Asset Management Ltd. Buys Shares of 26,158 Fidelity National Financial, Inc. (NYSE:FNF)

Lecap Asset Management Ltd. bought a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 26,158 shares of the financial services provider's stock, valued at approximately $1,335,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Baystate Wealth Management LLC lifted its position in Fidelity National Financial by 5,300.0% during the third quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 583 shares in the last quarter. Salem Investment Counselors Inc. bought a new stake in Fidelity National Financial during the second quarter valued at about $26,000. VisionPoint Advisory Group LLC raised its holdings in Fidelity National Financial by 107.0% during the third quarter. VisionPoint Advisory Group LLC now owns 737 shares of the financial services provider's stock valued at $30,000 after acquiring an additional 381 shares during the period. DHJJ Financial Advisors Ltd. bought a new stake in Fidelity National Financial during the third quarter valued at about $40,000. Finally, Authentikos Wealth Advisory LLC bought a new stake in Fidelity National Financial during the third quarter valued at about $41,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Financial Trading Up 0.2 %

NYSE FNF traded up $0.09 during trading hours on Friday, hitting $48.61. 1,282,782 shares of the company were exchanged, compared to its average volume of 1,785,257. The stock has a 50-day moving average price of $51.11 and a 200 day moving average price of $47.23. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.52. Fidelity National Financial, Inc. has a 52 week low of $32.02 and a 52 week high of $53.96. The stock has a market cap of $13.28 billion, a PE ratio of 25.45 and a beta of 1.34.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.27). Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the previous year, the firm earned $1.06 earnings per share. Analysts forecast that Fidelity National Financial, Inc. will post 4.81 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.92 annualized dividend and a dividend yield of 3.95%. Fidelity National Financial's dividend payout ratio (DPR) is presently 100.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on FNF shares. Barclays lifted their target price on Fidelity National Financial from $52.00 to $56.00 and gave the stock an "equal weight" rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft started coverage on Fidelity National Financial in a report on Wednesday, January 10th. They issued a "hold" rating on the stock. Keefe, Bruyette & Woods lifted their target price on Fidelity National Financial from $54.00 to $56.00 and gave the stock a "market perform" rating in a report on Thursday, March 21st. Finally, Truist Financial lifted their target price on Fidelity National Financial from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $54.20.

Insider Buying and Selling at Fidelity National Financial

In other Fidelity National Financial news, Director Daniel D. Lane sold 6,131 shares of the business's stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $48.19, for a total transaction of $295,452.89. Following the completion of the transaction, the director now owns 271,495 shares in the company, valued at $13,083,344.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Daniel D. Lane sold 6,131 shares of the business's stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $48.19, for a total value of $295,452.89. Following the completion of the sale, the director now owns 271,495 shares in the company, valued at $13,083,344.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Cary H. Thompson sold 23,410 shares of the business'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 value of $1,196,485.10. Following the completion of the sale, the director now owns 40,317 shares of the company's stock, valued at approximately $2,060,601.87. The disclosure for this sale can be found here. Company insiders own 5.40% of the company's stock.

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.