Weiss Ratings Reiterates Buy (B) Rating for Fidelity National Financial (NYSE:FNF)

Fidelity National Financial (NYSE:FNF - Get Free Report)'s stock had its "buy (b)" rating reaffirmed by equities research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

A number of other research analysts also recently commented on FNF. Barclays restated a "cautious" rating on shares of Fidelity National Financial in a research note on Monday. National Bankshares set a $64.00 price target on Fidelity National Financial in a research report on Monday. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Fidelity National Financial currently has an average rating of "Moderate Buy" and a consensus target price of $69.83.

Fidelity National Financial Stock Performance

Shares of NYSE FNF opened at $56.67 on Wednesday. The business's 50-day moving average price is $59.34 and its two-hundred day moving average price is $58.56. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. Fidelity National Financial has a one year low of $50.61 and a one year high of $66.72. The company has a market capitalization of $15.40 billion, a P/E ratio of 14.38 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF - Get Free Report) last issued its earnings results on Wednesday, August 6th. The financial services provider reported $1.16 EPS for the quarter, missing analysts' consensus estimates of $1.40 by ($0.24). Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The firm had revenue of $3.64 billion during the quarter, compared to analysts' expectations of $3.64 billion. During the same quarter last year, the firm earned $1.24 EPS. The business's revenue for the quarter was up 15.1% compared to the same quarter last year. Analysts anticipate that Fidelity National Financial will post 6.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fidelity National Financial

Large investors have recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC lifted its position in shares of Fidelity National Financial by 80.0% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider's stock worth $30,000 after purchasing an additional 208 shares during the last quarter. Rise Advisors LLC acquired a new position in shares of Fidelity National Financial during the 1st quarter worth about $32,000. Opal Wealth Advisors LLC acquired a new position in shares of Fidelity National Financial during the 1st quarter worth about $32,000. Blue Trust Inc. lifted its position in shares of Fidelity National Financial by 4,545.5% during the 2nd quarter. Blue Trust Inc. now owns 511 shares of the financial services provider's stock worth $29,000 after purchasing an additional 500 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Fidelity National Financial during the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 81.17% of the company's stock.

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.

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