Orion Portfolio Solutions LLC Buys 4,419 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Orion Portfolio Solutions LLC increased its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 37.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,199 shares of the financial services provider’s stock after acquiring an additional 4,419 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Fidelity National Financial were worth $909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Parkside Financial Bank & Trust grew its holdings in shares of Fidelity National Financial by 50.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 209 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in Fidelity National Financial during the 4th quarter valued at $37,000. Golden State Wealth Management LLC bought a new stake in Fidelity National Financial in the 4th quarter worth $52,000. UMB Bank n.a. increased its position in shares of Fidelity National Financial by 68.9% in the fourth quarter. UMB Bank n.a. now owns 1,157 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 472 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of Fidelity National Financial by 19.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,345 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 223 shares during the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and raised their target price for the stock from $76.00 to $77.00 in a research note on Friday, January 3rd. StockNews.com cut Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Barclays increased their price target on shares of Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a report on Wednesday, January 8th. Finally, Stephens boosted their price target on Fidelity National Financial from $68.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, February 24th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Fidelity National Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.40.

Fidelity National Financial Stock Down 6.4 %

Shares of Fidelity National Financial stock opened at $60.13 on Friday. The company has a 50-day simple moving average of $61.39 and a two-hundred day simple moving average of $60.23. The stock has a market capitalization of $16.54 billion, a PE ratio of 12.93 and a beta of 1.09. Fidelity National Financial, Inc. has a 52-week low of $46.85 and a 52-week high of $66.72. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings data on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.11. The business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. During the same period in the prior year, the firm posted $0.75 EPS. On average, analysts anticipate that Fidelity National Financial, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.50 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 3.33%. Fidelity National Financial’s payout ratio is 43.01%.

Insiders Place Their Bets

In other news, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now directly owns 16,716 shares in the company, valued at $916,872.60. The trade was a 14.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 5.20% of the stock is owned by insiders.

Fidelity National Financial Company Profile

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 products.