Fidelity National Financial, Inc. (NYSE:FNF) Holdings Decreased by Cooke & Bieler LP

Cooke & Bieler LP cut its holdings in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,250,617 shares of the financial services provider's stock after selling 204,705 shares during the quarter. Fidelity National Financial accounts for 2.8% of Cooke & Bieler LP's portfolio, making the stock its 3rd biggest holding. Cooke & Bieler LP owned 2.30% of Fidelity National Financial worth $318,906,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of FNF. Baystate Wealth Management LLC boosted its stake in shares of Fidelity National Financial by 5,300.0% in the third quarter. Baystate Wealth Management LLC now owns 594 shares of the financial services provider's stock valued at $25,000 after buying an additional 583 shares in the last quarter. Salem Investment Counselors Inc. purchased a new stake in Fidelity National Financial during the second quarter worth $26,000. VisionPoint Advisory Group LLC boosted its position 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 worth $30,000 after purchasing an additional 381 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in Fidelity National Financial during the third quarter worth $41,000. Finally, Orion Capital Management LLC purchased a new stake in Fidelity National Financial during the third quarter worth $51,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Fidelity National Financial

In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of the firm's stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the completion of the sale, the director now owns 40,317 shares in the company, valued at approximately $2,060,601.87. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.40% of the stock is currently owned by company insiders.

Fidelity National Financial Price Performance

Shares of NYSE FNF traded up $1.19 during trading on Friday, reaching $48.77. The company had a trading volume of 1,087,978 shares, compared to its average volume of 1,490,578. Fidelity National Financial, Inc. has a twelve month low of $32.02 and a twelve month high of $53.96. The stock has a 50-day moving average price of $50.84 and a two-hundred day moving average price of $47.55. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $13.32 billion, a PE ratio of 25.53 and a beta of 1.34.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results 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 during the quarter, compared to analysts' expectations of $2.80 billion. During the same period in the previous year, the company earned $1.06 EPS. As a group, sell-side analysts predict that Fidelity National Financial, Inc. will post 4.81 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.94%. The ex-dividend date was Thursday, March 14th. Fidelity National Financial's payout ratio is 100.52%.

Wall Street Analyst Weigh In

FNF has been the topic of a number of research analyst reports. Truist Financial boosted their target price on Fidelity National Financial from $55.00 to $60.00 and gave the stock a "buy" rating in a research report on Friday, February 23rd. Barclays boosted their target price on Fidelity National Financial from $52.00 to $56.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Fidelity National Financial in a research report on Wednesday, January 10th. They set a "hold" rating on the stock. Finally, Keefe, Bruyette & Woods boosted their target price on Fidelity National Financial from $54.00 to $56.00 and gave the stock a "market perform" rating in a research report on Thursday, March 21st. Four investment 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.