Penbrook Management LLC bought a new stake in shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 55,663 shares of the financial services provider’s stock, valued at approximately $2,184,000. FNF Group of Fidelity National Financial accounts for about 2.0% of Penbrook Management LLC’s investment portfolio, making the stock its 11th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its position in shares of FNF Group of Fidelity National Financial by 30.9% during the 4th quarter. Victory Capital Management Inc. now owns 6,151,941 shares of the financial services provider’s stock worth $241,402,000 after buying an additional 1,453,410 shares during the period. BlackRock Inc. lifted its holdings in shares of FNF Group of Fidelity National Financial by 7.8% in the 4th quarter. BlackRock Inc. now owns 15,216,845 shares of the financial services provider’s stock worth $597,108,000 after purchasing an additional 1,100,840 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of FNF Group of Fidelity National Financial by 69.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,904,700 shares of the financial services provider’s stock worth $74,740,000 after purchasing an additional 779,800 shares in the last quarter. PGGM Investments lifted its holdings in shares of FNF Group of Fidelity National Financial by 115.5% in the 4th quarter. PGGM Investments now owns 1,120,700 shares of the financial services provider’s stock worth $43,976,000 after purchasing an additional 600,728 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of FNF Group of Fidelity National Financial by 630.9% in the 4th quarter. Two Sigma Investments LP now owns 630,404 shares of the financial services provider’s stock worth $24,737,000 after purchasing an additional 544,149 shares in the last quarter. 82.96% of the stock is owned by institutional investors and hedge funds.

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FNF has been the topic of a number of recent research reports. Zacks Investment Research upgraded FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Tuesday, January 30th. Barclays set a $46.00 price objective on FNF Group of Fidelity National Financial and gave the stock a “buy” rating in a report on Friday, January 12th. Stephens reaffirmed a “buy” rating and set a $46.00 target price on shares of FNF Group of Fidelity National Financial in a report on Thursday, February 1st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $42.00 target price on shares of FNF Group of Fidelity National Financial in a report on Friday, December 22nd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. FNF Group of Fidelity National Financial currently has an average rating of “Buy” and an average price target of $43.86.

In other news, Director Daniel D. Lane sold 18,810 shares of the business’s stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $41.38, for a total transaction of $778,357.80. Following the completion of the transaction, the director now owns 261,696 shares of the company’s stock, valued at $10,828,980.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.00% of the stock is currently owned by insiders.

FNF Group of Fidelity National Financial stock opened at $41.11 on Thursday. FNF Group of Fidelity National Financial, Inc. has a twelve month low of $27.52 and a twelve month high of $42.52. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $11,221.80, a PE ratio of 17.27 and a beta of 0.84.

FNF Group of Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.60 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. FNF Group of Fidelity National Financial had a return on equity of 11.71% and a net margin of 8.13%. The company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the firm earned $0.71 earnings per share. FNF Group of Fidelity National Financial’s revenue was down 8.9% on a year-over-year basis. research analysts forecast that FNF Group of Fidelity National Financial, Inc. will post 2.79 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Thursday, March 15th. FNF Group of Fidelity National Financial’s payout ratio is 50.42%.

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About FNF Group of 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 FNF Group of Fidelity National Financial (NYSE:FNF)

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