Tudor Investment Corp ET AL Has $2.50 Million Holdings in Fidelity National Financial, Inc. $FNF

Tudor Investment Corp ET AL decreased its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 60.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,388 shares of the financial services provider’s stock after selling 63,353 shares during the period. Tudor Investment Corp ET AL’s holdings in Fidelity National Financial were worth $2,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Windacre Partnership LLC lifted its holdings in Fidelity National Financial by 31.0% during the 3rd quarter. Windacre Partnership LLC now owns 18,905,100 shares of the financial services provider’s stock valued at $1,143,569,000 after purchasing an additional 4,477,900 shares during the last quarter. State Street Corp raised its position in shares of Fidelity National Financial by 0.3% in the third quarter. State Street Corp now owns 9,469,029 shares of the financial services provider’s stock valued at $572,782,000 after purchasing an additional 31,318 shares during the period. Cooke & Bieler LP lifted its stake in shares of Fidelity National Financial by 12.3% during the 3rd quarter. Cooke & Bieler LP now owns 5,258,399 shares of the financial services provider’s stock worth $318,081,000 after buying an additional 574,189 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Fidelity National Financial by 75.4% during the 3rd quarter. AQR Capital Management LLC now owns 5,057,355 shares of the financial services provider’s stock worth $304,503,000 after buying an additional 2,174,220 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in shares of Fidelity National Financial by 167.8% during the 3rd quarter. Alliancebernstein L.P. now owns 4,741,145 shares of the financial services provider’s stock worth $286,792,000 after buying an additional 2,970,460 shares during the period. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Price Performance

Shares of Fidelity National Financial stock opened at $45.76 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 0.58 and a beta of 0.99. Fidelity National Financial, Inc. has a twelve month low of $42.78 and a twelve month high of $66.72. The company has a 50-day simple moving average of $51.81 and a two-hundred day simple moving average of $55.21.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Thursday, February 19th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.10). Fidelity National Financial had a return on equity of 15.06% and a net margin of 4.17%.The business had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.66 billion. During the same quarter in the previous year, the company earned $1.34 EPS. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Tuesday, March 17th. Fidelity National Financial’s dividend payout ratio (DPR) is 97.65%.

Insider Buying and Selling

In other Fidelity National Financial news, Director Halim Dhanidina sold 6,000 shares of Fidelity National Financial stock in a transaction on Monday, January 5th. The stock was sold at an average price of $55.90, for a total value of $335,400.00. Following the completion of the transaction, the director directly owned 13,186 shares of the company’s stock, valued at $737,097.40. The trade was a 31.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

FNF has been the topic of several research analyst reports. National Bank Financial set a $71.00 price target on shares of Fidelity National Financial in a report on Monday, February 23rd. Keefe, Bruyette & Woods boosted their price objective on Fidelity National Financial from $70.00 to $71.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Barclays decreased their target price on Fidelity National Financial from $64.00 to $63.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 6th. Wall Street Zen cut Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Monday, January 26th. Finally, Weiss Ratings downgraded Fidelity National Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 2nd. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Fidelity National Financial Company Profile

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.