Atria Investments Inc Has $1.72 Million Stake in Fidelity National Financial, Inc. $FNF

Atria Investments Inc cut its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 26.2% during the third quarter, Holdings Channel reports. The fund owned 28,438 shares of the financial services provider’s stock after selling 10,120 shares during the quarter. Atria Investments Inc’s holdings in Fidelity National Financial were worth $1,720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FNF. Quent Capital LLC bought a new position in shares of Fidelity National Financial in the third quarter valued at about $26,000. Atlantic Union Bankshares Corp grew its stake in Fidelity National Financial by 997.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 472 shares of the financial services provider’s stock valued at $29,000 after buying an additional 429 shares during the last quarter. Mather Group LLC. bought a new position in Fidelity National Financial in the 3rd quarter valued at about $29,000. Elevation Point Wealth Partners LLC bought a new position in Fidelity National Financial in the 2nd quarter valued at about $29,000. Finally, Headlands Technologies LLC acquired a new stake in Fidelity National Financial during the second quarter worth approximately $32,000. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insiders Place Their Bets

In other news, Director Halim Dhanidina sold 6,000 shares of Fidelity National Financial stock in a transaction on Monday, January 5th. The stock was sold at an average price of $55.90, for a total value of $335,400.00. Following the transaction, the director owned 13,186 shares in the company, valued at approximately $737,097.40. This trade represents a 31.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 5.50% of the stock is owned by insiders.

Fidelity National Financial Stock Performance

Shares of Fidelity National Financial stock opened at $57.48 on Wednesday. The company has a 50 day moving average of $55.26 and a 200-day moving average of $57.23. Fidelity National Financial, Inc. has a 1-year low of $50.61 and a 1-year high of $66.72. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.47. The company has a market cap of $16.16 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 0.72 and a beta of 0.98.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FNF. Wall Street Zen lowered Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Monday, January 26th. Barclays reduced their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 6th. National Bank Financial set a $63.00 price target on shares of Fidelity National Financial in a research report on Tuesday, January 6th. Stephens started coverage on shares of Fidelity National Financial in a report on Friday, November 14th. They issued an “overweight” rating for the company. Finally, Keefe, Bruyette & Woods increased their target price on shares of Fidelity National Financial from $70.00 to $72.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.25.

Fidelity National Financial Profile

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.