Susquehanna Fundamental Investments LLC Buys New Position in Fidelity National Financial, Inc. (NYSE:FNF)

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 52,599 shares of the financial services provider's stock, valued at approximately $2,953,000.

Other institutional investors have also added to or reduced their stakes in the company. Capital Analysts LLC purchased a new position in Fidelity National Financial during the fourth quarter valued at $29,000. Parkside Financial Bank & Trust lifted its position in Fidelity National Financial by 50.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 209 shares during the period. Kestra Investment Management LLC bought a new stake in Fidelity National Financial during the fourth quarter worth about $37,000. Golden State Wealth Management LLC purchased a new stake in Fidelity National Financial in the fourth quarter worth about $52,000. Finally, UMB Bank n.a. increased its stake in shares of Fidelity National Financial by 68.9% during the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider's stock valued at $65,000 after purchasing an additional 472 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Fidelity National Financial Stock Performance

Shares of Fidelity National Financial stock traded down $0.10 during trading on Monday, hitting $64.91. 167,114 shares of the company's stock traded hands, compared to its average volume of 1,352,324. Fidelity National Financial, Inc. has a 1 year low of $47.78 and a 1 year high of $66.72. The business has a 50-day simple moving average of $62.83 and a 200-day simple moving average of $60.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The stock has a market capitalization of $17.83 billion, a P/E ratio of 13.96 and a beta of 1.14.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.11. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same period in the previous year, the business posted $0.75 earnings per share. As a group, analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Announces Dividend

The company also recently declared 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 3.08%. Fidelity National Financial's payout ratio is 43.01%.

Fidelity National Financial 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.