Gideon Capital Advisors Inc. bought a new stake in shares of Fidelity National Financial Inc (NYSE:FNF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,563 shares of the financial services provider’s stock, valued at approximately $206,000.

A number of other institutional investors also recently made changes to their positions in FNF. Taylor Hoffman Wealth Management purchased a new position in shares of Fidelity National Financial during the fourth quarter worth approximately $33,000. Daiwa SB Investments Ltd. raised its stake in shares of Fidelity National Financial by 1,207.7% during the fourth quarter. Daiwa SB Investments Ltd. now owns 1,700 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 1,570 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of Fidelity National Financial during the fourth quarter worth approximately $60,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of Fidelity National Financial by 194.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,334 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 2,202 shares in the last quarter. Finally, Cerebellum GP LLC raised its stake in shares of Fidelity National Financial by 25.7% during the fourth quarter. Cerebellum GP LLC now owns 5,676 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 1,162 shares in the last quarter. Institutional investors and hedge funds own 82.06% of the company’s stock.

FNF stock opened at $35.07 on Friday. The company has a market cap of $9.66 billion, a price-to-earnings ratio of 12.99 and a beta of 0.91. Fidelity National Financial Inc has a one year low of $29.50 and a one year high of $42.52. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, February 13th. The financial services provider reported $0.63 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.05). Fidelity National Financial had a return on equity of 16.28% and a net margin of 8.27%. The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was down 14.3% compared to the same quarter last year. On average, analysts anticipate that Fidelity National Financial Inc will post 2.73 EPS for the current year.

The company also recently announced 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. This represents a $1.24 annualized dividend and a dividend yield of 3.54%. This is an increase from Fidelity National Financial’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, March 14th. Fidelity National Financial’s payout ratio is presently 44.44%.

Several research analysts have commented on FNF shares. 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 price target on the stock. Zacks Investment Research raised shares of Fidelity National Financial from a “sell” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Tuesday, January 15th. ValuEngine downgraded shares of Fidelity National Financial from a “hold” rating to a “sell” rating in a research note on Friday, February 15th. Finally, Barclays reissued a “buy” rating and set a $42.00 price target on shares of Fidelity National Financial in a research note on Friday, February 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Fidelity National Financial has a consensus rating of “Hold” and an average price target of $40.56.

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

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