An overview of Fidelity National Financial Inc.’s (FNF) institutional holdings

The price of Fidelity National Financial Inc. (NYSE:FNF) shares last traded on Wall Street rose 0.56% to $43.03.

Based on available information, 6 analysts follow Fidelity National Financial Inc. (NYSE:FNF). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $52.00 and a low of $45.00, we find $48.00. Given the previous closing price of $42.79, this indicates a potential upside of 12.18 percent. FNF stock price is now 7.28% away from the 50-day moving average and 13.61% away from the 200-day moving average. The market capitalization of the company currently stands at $11.57B.

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Among analysts, 2 rate the stock a hold while 4 rate it a buy. Brokers who have rated the stock have averaged $48.25 as their price target over the next twelve months.

In other news, Nolan Michael Joseph, Chief Executive Officer sold 30,000 shares of the company’s stock on Sep 11. The stock was sold for $1,293,600 at an average price of $43.12. Upon completion of the transaction, the Chief Executive Officer now directly owns 354,786 shares in the company, valued at $15.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05, Director LANE DANIEL D sold 5,531 shares of the business’s stock. A total of $207,053 was realized by selling the stock at an average price of $37.44. This leaves the insider owning 271,325 shares of the company worth $11.68 million. Insiders disposed of 106,921 shares of company stock worth roughly $4.6 million over the past 1 year. A total of 2.90% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in FNF stock. A new stake in Fidelity National Financial Inc. shares was purchased by GW&K INVESTMENT MANAGEMENT, LLC during the first quarter worth $25,711,000. QUBE RESEARCH & TECHNOLOGIES LTD invested $14,041,000 in shares of FNF during the first quarter. In the first quarter, OAKCLIFF CAPITAL PARTNERS, LP acquired a new stake in Fidelity National Financial Inc. valued at approximately $11,618,000. EMG HOLDINGS, L.P. acquired a new stake in FNF for approximately $5,913,000. TWO SIGMA INVESTMENTS, LP purchased a new stake in FNF valued at around $3,790,000 in the second quarter. In total, there are 802 active investors with 82.30% ownership of the company’s stock.

A candlestick chart of Fidelity National Financial Inc. (NYSE: FNF) showed a price of $42.94 on Tuesday morning. During the past 12 months, Fidelity National Financial Inc. has had a low of $31.84 and a high of $45.51. The fifty day moving average price for FNF is $40.25 and a two-hundred day moving average price translates $37.90 for the stock.

The latest earnings results from Fidelity National Financial Inc. (NYSE: FNF) was released for Jun, 2023. According to the Insurance – Specialty Company, earnings per share came in at $1.01, inline with analysts’ expectations of $1.01. This compares to $1.92 EPS in the same period last year. The net profit margin was 4.60% and return on equity was 8.50% for FNF. The company reported revenue of $3.07 billion for the quarter, compared to $2.63 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.43 percent. For the current quarter, analysts expect FNF to generate $2.79B in revenue.

Moreover, the firm recently paid out its quarterly dividend on 09/29/2023. Investors who held shares on 09/15/2023 were paid a $0.45 dividend. On an annualized basis, this represents a $1.80 dividend and a 4.18% percent yield. There was an ex-dividend date of 09/14/2023 for this dividend. In terms of dividend payout ratio, FNF is presently at 94.00%.

Fidelity National Financial Inc.(FNF) 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. The company also provides technology and transaction services to the real estate and mortgage industries; and mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. In addition, it offers annuity and life insurance products, such as deferred and immediate annuities, as well as indexed universal life insurance products. Further, the company engages in the real estate brokerage business. Fidelity National Financial, Inc. is headquartered in Jacksonville, Florida.

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