Price T Rowe Associates Inc. MD Sells 6,594 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Price T Rowe Associates Inc. MD lowered its stake in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 180,293 shares of the financial services provider's stock after selling 6,594 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.07% of Fidelity National Financial worth $10,123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chesley Taft & Associates LLC raised its stake in shares of Fidelity National Financial by 1.2% during the fourth quarter. Chesley Taft & Associates LLC now owns 16,686 shares of the financial services provider's stock valued at $937,000 after acquiring an additional 200 shares during the last quarter. Louisiana State Employees Retirement System lifted its holdings in Fidelity National Financial by 0.3% in the 4th quarter. Louisiana State Employees Retirement System now owns 72,200 shares of the financial services provider's stock worth $4,053,000 after buying an additional 200 shares during the period. Parkside Financial Bank & Trust grew its position in shares of Fidelity National Financial by 50.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock worth $35,000 after buying an additional 209 shares during the last quarter. Essex Financial Services Inc. boosted its holdings in Fidelity National Financial by 5.3% in the fourth quarter. Essex Financial Services Inc. now owns 4,206 shares of the financial services provider's stock valued at $236,000 after acquiring an additional 211 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Fidelity National Financial by 19.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider's stock worth $75,000 after purchasing an additional 223 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on FNF shares. StockNews.com cut shares of Fidelity National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Barclays increased their target price on Fidelity National Financial from $61.00 to $67.00 and gave the stock an "equal weight" rating in a research report on Monday, February 24th. Stephens upped their price target on Fidelity National Financial from $68.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, February 24th. Finally, Keefe, Bruyette & Woods raised Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 price objective for the company in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Fidelity National Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Stock Up 0.5 %

NYSE:FNF traded up $0.32 on Wednesday, reaching $64.60. 502,250 shares of the stock traded hands, compared to its average volume of 1,121,964. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $17.74 billion, a price-to-earnings ratio of 13.89 and a beta of 1.14. Fidelity National Financial, Inc. has a 12 month low of $47.79 and a 12 month high of $66.72. The company's fifty day simple moving average is $62.92 and its 200 day simple moving average is $60.38.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.23 by $0.11. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same period last year, the business posted $0.75 EPS. Equities analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, March 17th. This represents a $2.00 annualized dividend and a dividend yield of 3.10%. Fidelity National Financial's payout ratio is 43.01%.

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.