BNP Paribas Arbitrage SA grew its stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 11.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 116,443 shares of the financial services provider’s stock after buying an additional 12,107 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Fidelity National Financial were worth $5,526,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Fidelity National Financial by 1.9% during the second quarter. Vanguard Group Inc. now owns 22,037,492 shares of the financial services provider’s stock worth $987,941,000 after buying an additional 413,840 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Fidelity National Financial by 65.0% during the second quarter. Principal Financial Group Inc. now owns 17,770,127 shares of the financial services provider’s stock worth $796,636,000 after buying an additional 7,000,057 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Fidelity National Financial by 28.0% during the second quarter. Alliancebernstein L.P. now owns 5,965,608 shares of the financial services provider’s stock worth $267,438,000 after buying an additional 1,303,871 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Fidelity National Financial by 8.7% during the third quarter. Victory Capital Management Inc. now owns 4,698,531 shares of the financial services provider’s stock worth $222,993,000 after buying an additional 375,435 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Fidelity National Financial by 4.1% during the second quarter. Wells Fargo & Company MN now owns 4,217,229 shares of the financial services provider’s stock worth $189,058,000 after buying an additional 166,745 shares during the last quarter. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Janet Kerr sold 786 shares of the business’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $48.41, for a total value of $38,050.26. Following the sale, the director now owns 11,817 shares of the company’s stock, valued at $572,060.97. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Brent B. Bickett sold 80,000 shares of the business’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $48.21, for a total transaction of $3,856,800.00. Following the completion of the sale, the insider now directly owns 584,367 shares in the company, valued at approximately $28,172,333.07. The disclosure for this sale can be found here. Insiders own 5.00% of the company’s stock.

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Shares of Fidelity National Financial, Inc. (NYSE:FNF) opened at $39.91 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.17. Fidelity National Financial, Inc. has a one year low of $22.83 and a one year high of $40.12. The firm has a market cap of $10,840.00, a price-to-earnings ratio of 15.39 and a beta of 0.66.

Fidelity National Financial (NYSE:FNF) last issued 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. Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.05%. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Fidelity National Financial’s revenue for the quarter was up 2.0% on a year-over-year basis. analysts forecast that Fidelity National Financial, Inc. will post 2.54 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.27 dividend. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.25. The ex-dividend date is Thursday, December 14th. This represents a $1.08 annualized dividend and a dividend yield of 2.71%. Fidelity National Financial’s payout ratio is currently -1,857.14%.

A number of analysts have weighed in on the stock. ValuEngine raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $37.00 target price on shares of Fidelity National Financial in a research note on Sunday, October 29th. Barclays PLC boosted their target price on shares of Fidelity National Financial from $36.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Zacks Investment Research cut shares of Fidelity National Financial from a “hold” rating to a “strong sell” rating in a research note on Monday, October 23rd. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $41.00 target price on shares of Fidelity National Financial in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Fidelity National Financial currently has a consensus rating of “Buy” and a consensus target price of $44.17.

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 Fidelity National Financial (NYSE:FNF)

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