Paradigm Financial Partners LLC Buys Shares of 15,395 Fidelity National Financial, Inc. (NYSE:FNF)

Paradigm Financial Partners LLC purchased a new position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,395 shares of the financial services provider's stock, valued at approximately $785,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FNF. Teachers Retirement System of The State of Kentucky bought a new stake in Fidelity National Financial during the 3rd quarter valued at $2,778,000. Lecap Asset Management Ltd. acquired a new position in shares of Fidelity National Financial in the 4th quarter valued at $1,335,000. CENTRAL TRUST Co grew its position in Fidelity National Financial by 30.0% during the fourth quarter. CENTRAL TRUST Co now owns 2,230 shares of the financial services provider's stock valued at $114,000 after buying an additional 515 shares during the period. AustralianSuper Pty Ltd increased its holdings in Fidelity National Financial by 14.0% in the fourth quarter. AustralianSuper Pty Ltd now owns 1,570,956 shares of the financial services provider's stock valued at $80,150,000 after buying an additional 193,050 shares in the last quarter. Finally, abrdn plc increased its position in shares of Fidelity National Financial by 102.0% in the fourth quarter. abrdn plc now owns 89,374 shares of the financial services provider's stock valued at $4,560,000 after buying an additional 45,137 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FNF has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Fidelity National Financial in a report on Wednesday, January 10th. They set a "hold" rating for the company. Barclays raised their target price on shares of Fidelity National Financial from $52.00 to $56.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 9th. Truist Financial upped their price target on Fidelity National Financial from $55.00 to $60.00 and gave the company a "buy" rating in a research report on Friday, February 23rd. Finally, Keefe, Bruyette & Woods lifted their price objective 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $54.20.

Fidelity National Financial Trading Up 0.3 %

NYSE:FNF traded up $0.17 on Monday, reaching $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 12-month low of $32.02 and a 12-month high of $53.96. The stock has a 50 day moving average price of $50.66 and a 200 day moving average price of $47.93. The firm has a market cap of $13.81 billion, a price-to-earnings ratio of 26.47 and a beta of 1.34. 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 (NYSE:FNF - Get Free Report) last announced 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). The company had revenue of $3.43 billion for the quarter, compared to analysts' expectations of $2.80 billion. Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. During the same period last year, the business earned $1.06 EPS. On average, equities analysts anticipate that Fidelity National Financial, Inc. will post 4.81 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a dividend of $0.48 per share. 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%.

Insider Activity at Fidelity National Financial

In other news, Director Halim Dhanidina sold 3,000 shares of the 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 sale, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of the firm's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $51.11, for a total value of $1,196,485.10. Following the sale, the director now directly owns 40,317 shares in the company, valued at $2,060,601.87. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Halim Dhanidina sold 3,000 shares of the company's stock in a transaction dated 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 of the company's stock, valued at $754,839.84. The disclosure for this sale can be found here. 5.40% of the stock is currently owned by company insiders.

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.