Fidelity National Financial, Inc. (NYSE:FNF) Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC grew its position in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 903.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 158,548 shares of the financial services provider's stock after purchasing an additional 142,746 shares during the period. Kingsview Wealth Management LLC owned about 0.06% of Fidelity National Financial worth $8,089,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in Fidelity National Financial by 7.7% during the 3rd quarter. Principal Financial Group Inc. now owns 6,686,401 shares of the financial services provider's stock valued at $276,143,000 after acquiring an additional 477,493 shares during the period. First Eagle Investment Management LLC grew its holdings in shares of Fidelity National Financial by 2.9% in the fourth quarter. First Eagle Investment Management LLC now owns 6,113,602 shares of the financial services provider's stock worth $311,916,000 after purchasing an additional 171,521 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Fidelity National Financial by 1.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,020,265 shares of the financial services provider's stock worth $248,637,000 after purchasing an additional 86,446 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Fidelity National Financial by 195.2% in the fourth quarter. Victory Capital Management Inc. now owns 4,261,568 shares of the financial services provider's stock worth $217,425,000 after buying an additional 2,818,001 shares during the period. Finally, Northern Trust Corp raised its holdings in Fidelity National Financial by 41.9% during the 3rd quarter. Northern Trust Corp now owns 2,364,867 shares of the financial services provider's stock valued at $97,669,000 after buying an additional 698,322 shares during the last quarter. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FNF shares. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Financial from $56.00 to $55.00 and set a "market perform" rating on the stock in a report on Monday, May 13th. Truist Financial boosted their price target on Fidelity National Financial from $55.00 to $60.00 and gave the company a "buy" rating in a report on Friday, February 23rd. Stephens increased their price objective on Fidelity National Financial from $59.00 to $60.00 and gave the stock an "overweight" rating in a report on Friday, May 10th. Finally, Barclays boosted their target price on 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. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $55.80.

Insiders Place Their Bets

In other news, Director Halim Dhanidina sold 3,000 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at approximately $754,839.84. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Halim Dhanidina sold 3,000 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $50.64, for a total transaction of $151,920.00. Following the sale, the director now directly owns 14,906 shares of the company's stock, valued at approximately $754,839.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Cary H. Thompson sold 23,410 shares of Fidelity National Financial stock in a transaction dated 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 transaction, the director now directly owns 40,317 shares of the company's stock, valued at $2,060,601.87. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company's stock.

Fidelity National Financial Stock Up 0.7 %

Shares of FNF stock traded up $0.36 during midday trading on Friday, reaching $52.28. 1,343,517 shares of the stock were exchanged, compared to its average volume of 1,029,540. Fidelity National Financial, Inc. has a 1 year low of $33.61 and a 1 year high of $53.96. The firm has a market cap of $14.28 billion, a PE ratio of 17.20 and a beta of 1.33. The company's 50 day moving average is $50.84 and its two-hundred day moving average is $49.13. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.50.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.08). The firm had revenue of $3.30 billion during the quarter, compared to analysts' expectations of $2.72 billion. Fidelity National Financial had a return on equity of 14.24% and a net margin of 6.55%. Fidelity National Financial's revenue for the quarter was up 33.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.52 earnings per share. On average, equities research analysts predict that Fidelity National Financial, Inc. will post 4.73 EPS for the current year.

Fidelity National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend is Friday, June 14th. Fidelity National Financial's payout ratio is currently 63.16%.

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.