BB&T Securities LLC boosted its stake in shares of Fidelity National Financial Inc (NYSE:FNF) by 17.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 10,197 shares of the financial services provider’s stock after acquiring an additional 1,527 shares during the period. BB&T Securities LLC’s holdings in Fidelity National Financial were worth $450,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FNF. Clark Capital Management Group Inc. acquired a new position in shares of Fidelity National Financial during the 2nd quarter worth about $937,000. AGF Investments LLC boosted its position in shares of Fidelity National Financial by 24.1% during the 2nd quarter. AGF Investments LLC now owns 7,860 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 1,524 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Fidelity National Financial by 1.6% during the 2nd quarter. California State Teachers Retirement System now owns 499,474 shares of the financial services provider’s stock worth $20,129,000 after acquiring an additional 7,857 shares in the last quarter. LPL Financial LLC boosted its position in shares of Fidelity National Financial by 4.2% during the 2nd quarter. LPL Financial LLC now owns 48,150 shares of the financial services provider’s stock worth $1,940,000 after acquiring an additional 1,929 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its position in shares of Fidelity National Financial by 16.8% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 213,177 shares of the financial services provider’s stock worth $8,564,000 after acquiring an additional 30,606 shares in the last quarter. Institutional investors own 83.37% of the company’s stock.

Shares of NYSE FNF opened at $46.89 on Wednesday. The stock has a market cap of $12.93 billion, a PE ratio of 17.37 and a beta of 0.83. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.16. Fidelity National Financial Inc has a 52-week low of $29.50 and a 52-week high of $47.14. The business has a 50-day moving average price of $45.26 and a 200 day moving average price of $42.46.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.22. The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Fidelity National Financial had a return on equity of 17.51% and a net margin of 9.82%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.78 EPS. Sell-side analysts anticipate that Fidelity National Financial Inc will post 3.08 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a $0.33 dividend. The ex-dividend date of this dividend is Monday, December 16th. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.82%. Fidelity National Financial’s dividend payout ratio is 45.93%.

Several research firms have recently issued reports on FNF. ValuEngine cut Fidelity National Financial from a “hold” rating to a “sell” rating in a research report on Friday, October 11th. Zacks Investment Research raised Fidelity National Financial from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Tuesday, October 8th. Finally, Keefe, Bruyette & Woods cut Fidelity National Financial from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $49.00 to $48.00 in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. Fidelity National Financial presently has a consensus rating of “Buy” and an average price target of $46.54.

In other Fidelity National Financial news, Director Thomas M. Hagerty sold 8,843 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $44.15, for a total transaction of $390,418.45. Following the completion of the sale, the director now directly owns 223,660 shares of the company’s stock, valued at approximately $9,874,589. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Peter T. Sadowski sold 64,883 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $43.86, for a total value of $2,845,768.38. Following the sale, the executive vice president now directly owns 127,795 shares of the company’s stock, valued at $5,605,088.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 648,213 shares of company stock valued at $28,390,825. Insiders own 6.20% of the company’s stock.

Fidelity National Financial Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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