BlueCrest Capital Management Ltd trimmed its stake in FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 66.4% in the fourth quarter, HoldingsChannel reports. The firm owned 26,420 shares of the financial services provider’s stock after selling 52,202 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in FNF Group of Fidelity National Financial were worth $1,037,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. bought a new position in FNF Group of Fidelity National Financial in the fourth quarter valued at approximately $122,000. Cerebellum GP LLC bought a new position in FNF Group of Fidelity National Financial in the fourth quarter valued at approximately $125,000. Whittier Trust Co. grew its stake in FNF Group of Fidelity National Financial by 92.1% in the fourth quarter. Whittier Trust Co. now owns 5,215 shares of the financial services provider’s stock valued at $205,000 after purchasing an additional 2,500 shares in the last quarter. GSA Capital Partners LLP bought a new position in FNF Group of Fidelity National Financial in the third quarter valued at approximately $207,000. Finally, Bell & Brown Wealth Advisors LLC bought a new position in FNF Group of Fidelity National Financial in the fourth quarter valued at approximately $214,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

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FNF has been the subject of a number of analyst reports. Piper Jaffray Companies restated a “buy” rating and issued a $44.00 price target on shares of FNF Group of Fidelity National Financial in a research note on Monday, December 18th. Zacks Investment Research upgraded FNF Group of Fidelity National Financial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $42.00 price target on shares of FNF Group of Fidelity National Financial in a research note on Friday, December 22nd. Barclays set a $46.00 price target on FNF Group of Fidelity National Financial and gave the company a “buy” rating in a research note on Friday, January 12th. Finally, Stephens reiterated a “buy” rating and set a $46.00 target price on shares of FNF Group of Fidelity National Financial in a research note on Thursday, February 1st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. FNF Group of Fidelity National Financial presently has a consensus rating of “Buy” and an average target price of $43.86.

Shares of FNF Group of Fidelity National Financial, Inc. (NYSE FNF) opened at $38.92 on Wednesday. The firm has a market capitalization of $10,550.00, a P/E ratio of 16.35 and a beta of 0.57. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.70 and a current ratio of 0.70. FNF Group of Fidelity National Financial, Inc. has a fifty-two week low of $26.74 and a fifty-two week high of $41.99.

FNF Group of Fidelity National Financial (NYSE:FNF) last released its quarterly earnings results on Tuesday, January 30th. The financial services provider reported $0.60 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.91 billion. FNF Group of Fidelity National Financial had a return on equity of 11.71% and a net margin of 8.13%. The firm’s revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period last year, the firm posted $0.71 EPS. analysts predict that FNF Group of Fidelity National Financial, Inc. will post 2.69 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be issued a dividend of $0.27 per share. The ex-dividend date is Thursday, March 15th. This represents a $1.08 annualized dividend and a yield of 2.77%. FNF Group of Fidelity National Financial’s payout ratio is currently 55.46%.

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

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