Fidelity National Financial Inc. (NYSE:FNF)’s share price gapped up before the market opened on Friday . The stock had previously closed at $37.39, but opened at $37.51. Fidelity National Financial shares last traded at $38.18, with a volume of 725,121 shares changing hands.

Several equities analysts recently commented on the stock. Keefe, Bruyette & Woods downgraded shares of Fidelity National Financial from an “outperform” rating to a “market perform” rating and upped their price target for the company from $38.00 to $39.00 in a report on Monday. Zacks Investment Research upgraded shares of Fidelity National Financial from a “sell” rating to a “hold” rating in a report on Friday, July 15th. Finally, Piper Jaffray Cos. upped their price target on shares of Fidelity National Financial from $38.00 to $43.00 and gave the company an “overweight” rating in a report on Tuesday, July 5th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $40.83.

The company has a market cap of $10.51 billion and a price-to-earnings ratio of 18.86. The company has a 50-day moving average price of $35.97 and a 200 day moving average price of $33.50.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Wednesday, July 20th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.08. The company earned $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.65 EPS. Analysts anticipate that Fidelity National Financial Inc. will post $2.33 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 16th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.20%.

In other news, COO Roger S. Jewkes sold 12,761 shares of the firm’s stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $34.96, for a total value of $446,124.56. Following the transaction, the chief operating officer now directly owns 155,241 shares of the company’s stock, valued at $5,427,225.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Joseph Nolan sold 9,978 shares of the firm’s stock in a transaction dated Wednesday, July 6th. The stock was sold at an average price of $11.34, for a total transaction of $113,150.52. Following the completion of the transaction, the president now directly owns 280 shares in the company, valued at $3,175.20. The disclosure for this sale can be found here.

Other institutional investors have bought and sold shares of the company. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in Fidelity National Financial by 6.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 31,474 shares of the company’s stock valued at $1,091,000 after buying an additional 1,819 shares in the last quarter. Principal Financial Group Inc. increased its position in Fidelity National Financial by 13.0% in the fourth quarter. Principal Financial Group Inc. now owns 8,250,117 shares of the company’s stock valued at $286,031,000 after buying an additional 947,650 shares in the last quarter. Wells Fargo & Company MN increased its position in Fidelity National Financial by 29.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,855,319 shares of the company’s stock valued at $64,325,000 after buying an additional 417,640 shares in the last quarter. Morgan Stanley increased its position in Fidelity National Financial by 2.7% in the fourth quarter. Morgan Stanley now owns 1,856,847 shares of the company’s stock valued at $64,377,000 after buying an additional 48,002 shares in the last quarter. Finally, Harris Associates L P increased its position in Fidelity National Financial by 3.1% in the fourth quarter. Harris Associates L P now owns 16,461,402 shares of the company’s stock valued at $570,717,000 after buying an additional 497,750 shares in the last quarter.

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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