Fidelity National Financial, Inc. (NYSE:FNF) has been given a consensus recommendation of “Buy” by the seven brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $42.40.

Several equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Thursday, August 17th. ValuEngine upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $37.00 price target on shares of Fidelity National Financial in a research report on Sunday, October 29th. Finally, Barclays PLC boosted their price target on shares of Fidelity National Financial from $36.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, October 27th.

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Fidelity National Financial (NYSE:FNF) opened at $39.87 on Wednesday. Fidelity National Financial has a one year low of $22.83 and a one year high of $40.12. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $10,551.14, a PE ratio of 14.88 and a beta of 0.93.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.04. Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.05%. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the company earned $0.69 earnings per share. Fidelity National Financial’s quarterly revenue was up 2.0% on a year-over-year basis. sell-side analysts predict that Fidelity National Financial will post 2.54 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Thursday, December 14th. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.25. Fidelity National Financial’s dividend payout ratio is 55.79%.

In other news, Director Janet Kerr sold 786 shares of the stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $48.41, for a total transaction of $38,050.26. Following the sale, the director now owns 11,817 shares in the company, valued at $572,060.97. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Brent B. Bickett sold 80,000 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $48.21, for a total transaction of $3,856,800.00. Following the sale, the insider now owns 584,367 shares in the company, valued at approximately $28,172,333.07. The disclosure for this sale can be found here. Corporate insiders own 5.00% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Fidelity National Financial by 1.9% during the second quarter. Vanguard Group Inc. now owns 22,037,492 shares of the financial services provider’s stock valued at $987,941,000 after buying an additional 413,840 shares during the last quarter. Principal Financial Group Inc. lifted its position in Fidelity National Financial by 65.0% during the second quarter. Principal Financial Group Inc. now owns 17,770,127 shares of the financial services provider’s stock valued at $796,636,000 after purchasing an additional 7,000,057 shares during the period. Alliancebernstein L.P. lifted its position in Fidelity National Financial by 28.0% during the second quarter. Alliancebernstein L.P. now owns 5,965,608 shares of the financial services provider’s stock valued at $267,438,000 after purchasing an additional 1,303,871 shares during the period. Victory Capital Management Inc. lifted its position in Fidelity National Financial by 8.7% during the third quarter. Victory Capital Management Inc. now owns 4,698,531 shares of the financial services provider’s stock valued at $222,993,000 after purchasing an additional 375,435 shares during the period. Finally, Wells Fargo & Company MN lifted its position in Fidelity National Financial by 0.8% during the third quarter. Wells Fargo & Company MN now owns 4,251,372 shares of the financial services provider’s stock valued at $201,770,000 after purchasing an additional 34,143 shares during the period. Hedge funds and other institutional investors own 81.92% of the company’s stock.

Fidelity National Financial Company Profile

Fidelity National Financial, Inc (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF’s title insurance underwriters and related businesses.

Analyst Recommendations for Fidelity National Financial (NYSE:FNF)

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