Barclays reissued their buy rating on shares of Fidelity National Financial (NYSE:FNF) in a research note released on Friday. The brokerage currently has a $42.00 price target on the financial services provider’s stock.

Several other equities research analysts have also issued reports on the stock. Compass Point started coverage on shares of Fidelity National Financial in a research note on Thursday, January 24th. They set a buy rating and a $43.25 target price on the stock. Zacks Investment Research lowered shares of Fidelity National Financial from a hold rating to a sell rating in a research note on Monday, December 31st. Finally, ValuEngine lowered shares of Fidelity National Financial from a hold rating to a sell rating in a research note on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $40.56.

NYSE:FNF traded down $0.76 during mid-day trading on Friday, hitting $34.76. The company’s stock had a trading volume of 1,920,654 shares, compared to its average volume of 1,355,508. Fidelity National Financial has a 1 year low of $29.50 and a 1 year high of $42.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $9.57 billion, a price-to-earnings ratio of 12.87 and a beta of 0.93.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Wednesday, February 13th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.05). Fidelity National Financial had a return on equity of 16.31% and a net margin of 8.27%. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the previous year, the company earned $0.60 earnings per share. The company’s revenue was down 14.3% compared to the same quarter last year. As a group, equities research analysts predict that Fidelity National Financial will post 2.87 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.30. This represents a $1.24 dividend on an annualized basis and a yield of 3.57%. Fidelity National Financial’s dividend payout ratio (DPR) is currently 44.44%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Taylor Hoffman Wealth Management acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $33,000. Covington Capital Management acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $40,000. Daiwa SB Investments Ltd. increased its holdings in shares of Fidelity National Financial by 1,207.7% during the 4th quarter. Daiwa SB Investments Ltd. now owns 1,700 shares of the financial services provider’s stock worth $53,000 after buying an additional 1,570 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $60,000. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Fidelity National Financial by 194.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 3,334 shares of the financial services provider’s stock worth $105,000 after buying an additional 2,202 shares during the last quarter. Institutional investors and hedge funds own 82.20% of the company’s stock.

Fidelity National Financial Company Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage industries 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 collection and trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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