Oppenheimer & Co. Inc. acquired a new position in shares of Fidelity National Financial, Inc. (NYSE:FNF) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,677 shares of the financial services provider’s stock, valued at approximately $210,000.

Several other institutional investors also recently made changes to their positions in FNF. Capstone Asset Management Co. acquired a new position in shares of Fidelity National Financial during the first quarter worth about $251,000. Profund Advisors LLC acquired a new position in Fidelity National Financial in the first quarter valued at approximately $212,000. Janney Montgomery Scott LLC acquired a new position in Fidelity National Financial in the first quarter valued at approximately $209,000. Karp Capital Management Corp acquired a new position in Fidelity National Financial in the first quarter valued at approximately $1,966,000. Finally, State of Wisconsin Investment Board boosted its holdings in Fidelity National Financial by 12.7% in the first quarter. State of Wisconsin Investment Board now owns 161,371 shares of the financial services provider’s stock valued at $6,284,000 after purchasing an additional 18,151 shares in the last quarter. 82.09% of the stock is owned by institutional investors and hedge funds.

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Fidelity National Financial, Inc. (FNF) opened at 47.39 on Friday. The firm has a market capitalization of $12.93 billion, a P/E ratio of 20.67 and a beta of 0.96. Fidelity National Financial, Inc. has a one year low of $31.64 and a one year high of $49.37. The company has a 50-day moving average price of $47.70 and a 200-day moving average price of $43.24.

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 (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.03. Fidelity National Financial had a return on equity of 10.41% and a net margin of 7.49%. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the previous year, the business earned $0.74 EPS. Fidelity National Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities research analysts anticipate that Fidelity National Financial, Inc. will post $2.55 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.00 annualized dividend and a yield of 2.07%. Fidelity National Financial’s dividend payout ratio is presently 43.67%.

In other Fidelity National Financial news, EVP Peter T. Sadowski sold 133,215 shares of Fidelity National Financial stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $47.53, for a total transaction of $6,331,708.95. Following the sale, the executive vice president now directly owns 89,575 shares in the company, valued at approximately $4,257,499.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brent B. Bickett sold 58,896 shares of Fidelity National Financial stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $44.77, for a total value of $2,636,773.92. Following the sale, the insider now owns 562,658 shares in the company, valued at $25,190,198.66. The disclosure for this sale can be found here. Insiders have sold a total of 272,897 shares of company stock worth $12,863,333 over the last 90 days. 5.00% of the stock is owned by company insiders.

FNF has been the subject of a number of research analyst reports. Zacks Investment Research raised Fidelity National Financial from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a report on Thursday, August 31st. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $48.00 price target on shares of Fidelity National Financial in a report on Friday, July 14th. ValuEngine raised Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Barclays PLC upped their price target on Fidelity National Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Monday, July 3rd. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $46.60.

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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Institutional Ownership by Quarter for Fidelity National Financial (NYSE:FNF)

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