Keefe, Bruyette & Woods reiterated their hold rating on shares of Fidelity National Financial, Inc. (NYSE:FNF) in a report issued on Sunday morning. Keefe, Bruyette & Woods currently has a $37.00 price objective on the financial services provider’s stock.

FNF has been the subject of several other research reports. Zacks Investment Research downgraded shares of Fidelity National Financial from a buy rating to a hold rating in a report on Tuesday, September 5th. SunTrust Banks, Inc. reiterated a buy rating and issued a $41.00 price target on shares of Fidelity National Financial in a research report on Friday, October 20th. Finally, Barclays PLC boosted their price target on shares of Fidelity National Financial from $36.00 to $41.00 and gave the stock an overweight rating in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. Fidelity National Financial has a consensus rating of Buy and an average target price of $44.17.

Fidelity National Financial (FNF) opened at 37.42 on Friday. Fidelity National Financial has a one year low of $31.64 and a one year high of $37.55. The stock has a market cap of $10.21 billion, a P/E ratio of 16.32 and a beta of 0.91. The stock has a 50 day moving average of $34.85 and a 200-day moving average of $32.76.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.96 billion. Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.09%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.69 earnings per share. Analysts anticipate that Fidelity National Financial will post $2.46 EPS for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a $0.27 dividend. The ex-dividend date is Thursday, December 14th. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 2.89%. Fidelity National Financial’s payout ratio is 55.79%.

In other Fidelity National Financial news, insider Brent B. Bickett sold 80,000 shares of the business’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $48.21, for a total value of $3,856,800.00. Following the sale, the insider now directly owns 584,367 shares in the company, valued at $28,172,333.07. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Janet Kerr sold 786 shares of the business’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $48.41, for a total transaction of $38,050.26. Following the completion of the sale, the director now owns 11,817 shares in the company, valued at $572,060.97. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of the business. Csenge Advisory Group bought a new stake in Fidelity National Financial in the third quarter worth about $237,000. Andra AP fonden raised its position in Fidelity National Financial by 12.8% in the third quarter. Andra AP fonden now owns 220,500 shares of the financial services provider’s stock worth $10,465,000 after acquiring an additional 25,015 shares in the last quarter. Tocqueville Asset Management L.P. bought a new stake in Fidelity National Financial in the third quarter worth about $2,763,000. Canada Pension Plan Investment Board raised its position in Fidelity National Financial by 13.8% in the third quarter. Canada Pension Plan Investment Board now owns 503,758 shares of the financial services provider’s stock worth $23,908,000 after acquiring an additional 61,100 shares in the last quarter. Finally, Parametrica Management Ltd raised its position in Fidelity National Financial by 132.6% in the third quarter. Parametrica Management Ltd now owns 12,781 shares of the financial services provider’s stock worth $438,000 after acquiring an additional 7,287 shares in the last quarter. Hedge funds and other institutional investors own 81.83% of the company’s stock.

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.

Analyst Recommendations for Fidelity National Financial (NYSE:FNF)

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