Fidelity National Financial Inc (NYSE:FNF) COO Roger S. Jewkes sold 38,363 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $44.29, for a total value of $1,699,097.27. Following the sale, the chief operating officer now owns 182,814 shares of the company’s stock, valued at approximately $8,096,832.06. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of FNF traded down $0.77 during mid-day trading on Friday, hitting $43.27. The stock had a trading volume of 59,195 shares, compared to its average volume of 963,718. The company has a market cap of $11.96 billion, a PE ratio of 16.02 and a beta of 0.84. The company’s fifty day simple moving average is $43.79 and its two-hundred day simple moving average is $39.96. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.17. Fidelity National Financial Inc has a fifty-two week low of $29.50 and a fifty-two week high of $45.40.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Tuesday, July 16th. The financial services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.84 by $0.08. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.08 billion. Fidelity National Financial had a return on equity of 16.10% and a net margin of 9.84%. The business’s revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.86 EPS. Equities analysts expect that Fidelity National Financial Inc will post 2.94 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.24 annualized dividend and a dividend yield of 2.87%. Fidelity National Financial’s payout ratio is 45.93%.

A number of brokerages have weighed in on FNF. Susquehanna Bancshares began coverage on Fidelity National Financial in a research note on Wednesday, June 19th. They set a “positive” rating and a $48.00 price objective for the company. Keefe, Bruyette & Woods raised their price objective on Fidelity National Financial from $44.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Compass Point upgraded Fidelity National Financial from a “neutral” rating to a “buy” rating in a research note on Monday, July 8th. Finally, Zacks Investment Research upgraded Fidelity National Financial from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Monday. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. Fidelity National Financial has an average rating of “Buy” and an average target price of $46.54.

Several institutional investors and hedge funds have recently modified their holdings of the company. Cpwm LLC grew its position in shares of Fidelity National Financial by 1.1% in the 2nd quarter. Cpwm LLC now owns 23,630 shares of the financial services provider’s stock worth $952,000 after acquiring an additional 249 shares in the last quarter. Institutional & Family Asset Management LLC grew its position in shares of Fidelity National Financial by 12.5% in the 2nd quarter. Institutional & Family Asset Management LLC now owns 2,258 shares of the financial services provider’s stock worth $91,000 after acquiring an additional 250 shares in the last quarter. Advisory Services Network LLC grew its position in shares of Fidelity National Financial by 1.4% in the 2nd quarter. Advisory Services Network LLC now owns 19,359 shares of the financial services provider’s stock worth $780,000 after acquiring an additional 260 shares in the last quarter. Hotaling Investment Management LLC grew its position in shares of Fidelity National Financial by 0.9% in the 2nd quarter. Hotaling Investment Management LLC now owns 33,770 shares of the financial services provider’s stock worth $1,361,000 after acquiring an additional 289 shares in the last quarter. Finally, M&T Bank Corp grew its position in shares of Fidelity National Financial by 0.8% in the 2nd quarter. M&T Bank Corp now owns 40,892 shares of the financial services provider’s stock worth $1,647,000 after acquiring an additional 306 shares in the last quarter. Institutional investors own 83.12% of the company’s stock.

Fidelity National Financial Company 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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