Fidelity National Financial, Inc. (NYSE:FNF)‘s stock had its “buy” rating reissued by investment analysts at Piper Jaffray Companies in a research note issued to investors on Friday. They currently have a $48.00 price target on the financial services provider’s stock. Piper Jaffray Companies’ price target points to a potential upside of 4.80% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. Zacks Investment Research downgraded Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Barclays PLC increased their target price on shares of Fidelity National Financial from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Monday, July 3rd. Finally, Monness Crespi & Hardt increased their target price on shares of Fidelity National Financial from $42.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, May 15th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $45.80.

Fidelity National Financial (NYSE FNF) opened at 45.80 on Friday. The stock has a market capitalization of $12.47 billion, a P/E ratio of 19.64 and a beta of 0.93. The company’s 50-day moving average price is $42.74 and its 200 day moving average price is $38.55. Fidelity National Financial has a 52-week low of $31.64 and a 52-week high of $46.00.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings results on Wednesday, May 3rd. The financial services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.05. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.74 billion. Fidelity National Financial had a return on equity of 10.51% and a net margin of 7.34%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. On average, equities research analysts predict that Fidelity National Financial will post $2.52 earnings per share for the current fiscal year.

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In other news, insider Brent B. Bickett sold 58,896 shares of the stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $44.77, for a total transaction of $2,636,773.92. Following the sale, the insider now directly owns 562,658 shares of the company’s stock, valued at approximately $25,190,198.66. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Anthony Park sold 138,941 shares of the stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $41.28, for a total transaction of $5,735,484.48. Following the sale, the chief financial officer now directly owns 228,280 shares in the company, valued at $9,423,398.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 278,585 shares of company stock worth $11,886,411. Corporate insiders own 5.00% of the company’s stock.

Several large investors have recently bought and sold shares of FNF. Vanguard Group Inc. raised its stake in Fidelity National Financial by 4.3% in the first quarter. Vanguard Group Inc. now owns 21,623,652 shares of the financial services provider’s stock valued at $842,024,000 after buying an additional 884,191 shares during the last quarter. BlackRock Inc. raised its stake in Fidelity National Financial by 4,066.1% in the first quarter. BlackRock Inc. now owns 14,703,507 shares of the financial services provider’s stock valued at $572,554,000 after buying an additional 14,350,573 shares during the last quarter. Harris Associates L P raised its stake in Fidelity National Financial by 1.4% in the first quarter. Harris Associates L P now owns 13,306,977 shares of the financial services provider’s stock valued at $518,174,000 after buying an additional 181,700 shares during the last quarter. Principal Financial Group Inc. raised its stake in Fidelity National Financial by 4.6% in the first quarter. Principal Financial Group Inc. now owns 10,770,070 shares of the financial services provider’s stock valued at $419,387,000 after buying an additional 471,866 shares during the last quarter. Finally, Edge Asset Management Inc. raised its stake in Fidelity National Financial by 0.8% in the first quarter. Edge Asset Management Inc. now owns 7,519,623 shares of the financial services provider’s stock valued at $292,814,000 after buying an additional 59,689 shares during the last quarter. 84.23% of the stock is currently owned by institutional investors and hedge funds.

About 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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