Piper Jaffray Companies restated their buy rating on shares of FNF Group of Fidelity National Financial (NYSE:FNF) in a report published on Monday. They currently have a $44.00 price target on the financial services provider’s stock.

Other equities analysts have also issued research reports about the stock. SunTrust Banks reiterated a buy rating and set a $41.00 price target on shares of FNF Group of Fidelity National Financial in a report on Friday, October 20th. Zacks Investment Research upgraded shares of FNF Group of Fidelity National Financial from a hold rating to a buy rating and set a $54.00 price target on the stock in a report on Friday, August 25th. Finally, ValuEngine upgraded shares of FNF Group of Fidelity National Financial from a hold rating to a buy rating in a report on Friday, September 1st. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and an average price target of $43.50.

FNF Group of Fidelity National Financial (NYSE:FNF) opened at $39.12 on Monday. The company has a market cap of $10,723.57, a price-to-earnings ratio of 15.13 and a beta of 0.97. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.85 and a current ratio of 0.85. FNF Group of Fidelity National Financial has a fifty-two week low of $24.18 and a fifty-two week high of $40.75.

FNF Group of Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.96 billion. FNF Group of Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.05%. FNF Group of Fidelity National Financial’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 earnings per share. research analysts forecast that FNF Group of Fidelity National Financial will post 2.41 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a $0.27 dividend. This is a positive change from FNF Group of Fidelity National Financial’s previous quarterly dividend of $0.25. The ex-dividend date is Thursday, December 14th. This represents a $1.08 annualized dividend and a yield of 2.76%. FNF Group of Fidelity National Financial’s payout ratio is presently 56.65%.

A number of hedge funds have recently added to or reduced their stakes in FNF. Janney Montgomery Scott LLC lifted its holdings in FNF Group of Fidelity National Financial by 26.7% in the second quarter. Janney Montgomery Scott LLC now owns 6,791 shares of the financial services provider’s stock valued at $304,000 after buying an additional 1,433 shares during the period. Sei Investments Co. lifted its holdings in FNF Group of Fidelity National Financial by 1.0% in the second quarter. Sei Investments Co. now owns 30,170 shares of the financial services provider’s stock valued at $1,353,000 after buying an additional 291 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in FNF Group of Fidelity National Financial by 5.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 878,042 shares of the financial services provider’s stock valued at $39,363,000 after buying an additional 44,773 shares during the period. Teacher Retirement System of Texas acquired a new position in FNF Group of Fidelity National Financial in the second quarter valued at $255,000. Finally, State of Wisconsin Investment Board lifted its holdings in FNF Group of Fidelity National Financial by 38.7% in the second quarter. State of Wisconsin Investment Board now owns 223,841 shares of the financial services provider’s stock valued at $10,035,000 after buying an additional 62,470 shares during the period. Institutional investors and hedge funds own 81.31% of the company’s stock.

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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.

Analyst Recommendations for FNF Group of Fidelity National Financial (NYSE:FNF)

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