Unigestion Holding SA Cuts Stock Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Unigestion Holding SA trimmed its position in shares of Fidelity National Financial, Inc. (NYSE:FNFGet Rating) by 31.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 106,583 shares of the financial services provider’s stock after selling 49,712 shares during the period. Unigestion Holding SA’s holdings in Fidelity National Financial were worth $5,562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of FNF. Brave Warrior Advisors LLC boosted its stake in Fidelity National Financial by 39.9% during the 3rd quarter. Brave Warrior Advisors LLC now owns 8,792,405 shares of the financial services provider’s stock worth $398,648,000 after purchasing an additional 2,505,759 shares during the last quarter. Geode Capital Management LLC boosted its stake in Fidelity National Financial by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 4,843,334 shares of the financial services provider’s stock worth $252,440,000 after purchasing an additional 158,115 shares during the last quarter. First Trust Advisors LP boosted its stake in Fidelity National Financial by 16.8% during the 4th quarter. First Trust Advisors LP now owns 4,101,033 shares of the financial services provider’s stock worth $213,992,000 after purchasing an additional 590,651 shares during the last quarter. MFN Partners Management LP boosted its stake in Fidelity National Financial by 105.1% during the 3rd quarter. MFN Partners Management LP now owns 3,902,600 shares of the financial services provider’s stock worth $176,944,000 after purchasing an additional 2,000,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Fidelity National Financial by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,840,616 shares of the financial services provider’s stock worth $148,215,000 after purchasing an additional 23,159 shares during the last quarter. 82.06% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently issued reports on FNF shares. Zacks Investment Research lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Monday, May 16th. StockNews.com assumed coverage on shares of Fidelity National Financial in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Credit Suisse Group cut their price target on shares of Fidelity National Financial from $75.00 to $59.00 and set an “outperform” rating on the stock in a research note on Friday, April 1st. BTIG Research assumed coverage on shares of Fidelity National Financial in a research note on Wednesday, February 2nd. They set a “neutral” rating on the stock. Finally, Barclays cut their price target on shares of Fidelity National Financial from $74.00 to $73.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 12th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $61.75.

In related news, COO Roger S. Jewkes sold 7,438 shares of the company’s stock in a transaction that occurred on Thursday, March 31st. The stock was sold at an average price of $50.01, for a total value of $371,974.38. Following the completion of the transaction, the chief operating officer now directly owns 104,246 shares of the company’s stock, valued at $5,213,342.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 5.10% of the company’s stock.

Shares of FNF stock traded up $0.88 during trading hours on Thursday, reaching $41.61. 1,399,155 shares of the stock were exchanged, compared to its average volume of 2,292,616. The business’s fifty day moving average is $43.34 and its two-hundred day moving average is $47.87. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.19 and a quick ratio of 0.19. Fidelity National Financial, Inc. has a 12-month low of $38.87 and a 12-month high of $56.44. The firm has a market capitalization of $11.68 billion, a P/E ratio of 5.36 and a beta of 1.42.

Fidelity National Financial (NYSE:FNFGet Rating) last announced its quarterly earnings results on Tuesday, May 10th. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.07. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $2.89 billion. Fidelity National Financial had a return on equity of 24.56% and a net margin of 14.10%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.56 earnings per share. As a group, equities research analysts predict that Fidelity National Financial, Inc. will post 6.18 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Thursday, June 16th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Wednesday, June 15th. Fidelity National Financial’s dividend payout ratio (DPR) is 22.68%.

Fidelity National Financial Profile (Get Rating)

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance.

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

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