Fidelity National Financial, Inc. (NYSE:FNF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Thursday. The firm currently has a $54.00 price target on the financial services provider’s stock. Zacks Investment Research‘s price target suggests a potential upside of 13.49% from the company’s previous close.

According to Zacks, “Fidelity National Title Group, Inc. is a leading provider of title insurance, specialty insurance and claims management services. FNT is one of the nation’s largest title insurance companies through its title insurance underwriters. FNT also provides flood insurance, personal lines insurance and home warranty insurance through it specialty insurance business. FNT also is a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS. “

A number of other equities analysts have also weighed in on FNF. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $38.00 price objective on shares of Fidelity National Financial in a research report on Wednesday, April 19th. Monness Crespi & Hardt lifted their price objective on shares of Fidelity National Financial from $42.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, May 5th. Barclays PLC lifted their price objective on shares of Fidelity National Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Monday, July 3rd. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $48.00 price objective on shares of Fidelity National Financial in a research report on Friday, July 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $46.80.

Fidelity National Financial (NYSE FNF) traded down 1.73% during midday trading on Thursday, hitting $47.58. 723,583 shares of the stock traded hands. The stock has a 50-day moving average of $46.67 and a 200 day moving average of $41.54. Fidelity National Financial has a 52-week low of $31.64 and a 52-week high of $49.37. The firm has a market cap of $12.98 billion, a PE ratio of 20.75 and a beta of 0.95.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. Fidelity National Financial had a net margin of 7.49% and a return on equity of 10.41%. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.14 billion. During the same period last year, the firm posted $0.74 EPS. Fidelity National Financial’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts forecast that Fidelity National Financial will post $2.55 EPS for the current year.

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In other Fidelity National Financial news, President Michael Joseph Nolan sold 80,748 shares of the business’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $43.52, for a total transaction of $3,514,152.96. Following the sale, the president now directly owns 176,062 shares in the company, valued at approximately $7,662,218.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Anthony Park sold 138,941 shares of the business’s stock in a transaction on 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 owns 228,280 shares in the company, valued at $9,423,398.40. The disclosure for this sale can be found here. Insiders have sold a total of 411,800 shares of company stock worth $18,218,120 over the last 90 days. Insiders own 5.00% of the company’s stock.

Several large investors have recently modified their holdings of FNF. Fiduciary Trust Co. bought a new stake in shares of Fidelity National Financial during the second quarter valued at approximately $137,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity National Financial by 3,739.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,417 shares of the financial services provider’s stock valued at $153,000 after buying an additional 3,328 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of Fidelity National Financial by 3.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,467 shares of the financial services provider’s stock valued at $155,000 after buying an additional 131 shares during the last quarter. FTB Advisors Inc. raised its stake in shares of Fidelity National Financial by 234.3% in the first quarter. FTB Advisors Inc. now owns 3,891 shares of the financial services provider’s stock valued at $159,000 after buying an additional 2,727 shares during the last quarter. Finally, King Luther Capital Management Corp bought a new stake in shares of Fidelity National Financial during the first quarter valued at approximately $204,000. Institutional investors own 86.92% of the company’s stock.

Fidelity National Financial Company Profile

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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