State Street Corp cut its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,686,074 shares of the financial services provider’s stock after selling 209,333 shares during the quarter. State Street Corp owned approximately 2.08% of Fidelity National Financial worth $254,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Chevy Chase Trust Holdings Inc. grew its stake in shares of Fidelity National Financial by 0.7% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 7,143 shares of the financial services provider’s stock worth $320,000 after purchasing an additional 53 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Fidelity National Financial by 0.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 6,051 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 56 shares during the last quarter. TNB Financial grew its stake in shares of Fidelity National Financial by 1.0% in the second quarter. TNB Financial now owns 5,608 shares of the financial services provider’s stock worth $251,000 after purchasing an additional 58 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Fidelity National Financial by 0.3% in the second quarter. Bessemer Group Inc. now owns 23,419 shares of the financial services provider’s stock worth $1,050,000 after purchasing an additional 67 shares during the last quarter. Finally, Bronfman E.L. Rothschild L.P. grew its stake in shares of Fidelity National Financial by 3.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,467 shares of the financial services provider’s stock worth $155,000 after purchasing an additional 131 shares during the last quarter. 82.13% of the stock is currently owned by institutional investors.

In other news, EVP Peter T. Sadowski sold 133,215 shares of the stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $47.53, for a total transaction of $6,331,708.95. Following the transaction, the executive vice president now directly owns 89,575 shares in the company, valued at $4,257,499.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 transaction, the insider now owns 584,367 shares in the company, valued at $28,172,333.07. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 214,001 shares of company stock worth $10,226,559. Insiders own 5.00% of the company’s stock.

Shares of Fidelity National Financial, Inc. (NYSE:FNF) opened at 34.61 on Tuesday. Fidelity National Financial, Inc. has a one year low of $22.84 and a one year high of $35.65. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 15.09 and a beta of 0.92. The firm has a 50-day moving average of $34.28 and a 200 day moving average of $32.11.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, July 19th. The financial services provider reported $0.75 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.03. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.14 billion. Fidelity National Financial had a net margin of 7.49% and a return on equity of 10.41%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.74 EPS. On average, equities research analysts predict that Fidelity National Financial, Inc. will post $2.42 EPS for the current year.

The firm also recently disclosed a dividend, which was paid on Monday, October 2nd. Stockholders of record on Monday, October 2nd were paid a dividend of $30.66 per share. The ex-dividend date of this dividend was Monday, October 2nd. Fidelity National Financial’s dividend payout ratio is presently 56.77%.

Several research firms recently issued reports on FNF. Zacks Investment Research cut Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. Barclays PLC raised their price objective on shares of Fidelity National Financial from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Monday, July 3rd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $46.60.

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About Fidelity National Financial

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.

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

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