Hunter Associates Investment Management LLC Reduces Holdings in Fidelity National Financial, Inc. $FNF

Hunter Associates Investment Management LLC trimmed its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 8.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,428 shares of the financial services provider’s stock after selling 7,533 shares during the period. Hunter Associates Investment Management LLC’s holdings in Fidelity National Financial were worth $4,726,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Gilbert & Cook Inc. grew its position in Fidelity National Financial by 3.0% during the 1st quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 168 shares during the last quarter. Journey Strategic Wealth LLC grew its position in Fidelity National Financial by 1.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock worth $943,000 after purchasing an additional 175 shares during the last quarter. Commerce Bank grew its position in Fidelity National Financial by 3.1% during the 1st quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock worth $389,000 after purchasing an additional 177 shares during the last quarter. Peddock Capital Advisors LLC grew its position in Fidelity National Financial by 3.2% during the 1st quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider’s stock worth $369,000 after purchasing an additional 178 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV grew its position in Fidelity National Financial by 0.6% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock worth $2,060,000 after purchasing an additional 197 shares during the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Up 0.1%

Shares of NYSE FNF opened at $55.18 on Monday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 52 week low of $50.61 and a 52 week high of $66.72. The firm has a 50-day moving average price of $58.31 and a 200 day moving average price of $57.69. The stock has a market capitalization of $14.99 billion, a price-to-earnings ratio of 14.00 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Thursday, July 13th. The financial services provider reported $0.76 EPS for the quarter. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The firm had revenue of $3.17 billion during the quarter. Equities research analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were paid a $0.50 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.6%. Fidelity National Financial’s dividend payout ratio (DPR) is 50.76%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FNF shares. Barclays reissued a “cautious” rating on shares of Fidelity National Financial in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fidelity National Financial in a report on Wednesday, October 8th. Finally, National Bankshares set a $64.00 target price on shares of Fidelity National Financial in a report on Monday, October 6th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $69.83.

Fidelity National Financial Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.