Tredje AP fonden boosted its holdings in shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 309.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 56,930 shares of the financial services provider’s stock after purchasing an additional 43,020 shares during the period. Tredje AP fonden’s holdings in FNF Group of Fidelity National Financial were worth $2,702,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. grew its position in FNF Group of Fidelity National Financial by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 22,037,492 shares of the financial services provider’s stock worth $987,941,000 after purchasing an additional 413,840 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of FNF Group of Fidelity National Financial by 65.0% in the second quarter. Principal Financial Group Inc. now owns 17,770,127 shares of the financial services provider’s stock valued at $796,636,000 after acquiring an additional 7,000,057 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in shares of FNF Group of Fidelity National Financial by 28.0% in the second quarter. Alliancebernstein L.P. now owns 5,965,608 shares of the financial services provider’s stock valued at $267,438,000 after acquiring an additional 1,303,871 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of FNF Group of Fidelity National Financial by 8.7% in the third quarter. Victory Capital Management Inc. now owns 4,698,531 shares of the financial services provider’s stock valued at $222,993,000 after acquiring an additional 375,435 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of FNF Group of Fidelity National Financial by 0.8% in the third quarter. Wells Fargo & Company MN now owns 4,251,372 shares of the financial services provider’s stock valued at $201,770,000 after acquiring an additional 34,143 shares in the last quarter. 81.37% of the stock is currently owned by institutional investors.

FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) traded down $0.89 during mid-day trading on Tuesday, reaching $39.69. 2,144,000 shares of the company were exchanged, compared to its average volume of 1,584,242. The stock has a market capitalization of $11,106.75, a P/E ratio of 15.67 and a beta of 0.97. FNF Group of Fidelity National Financial, Inc. has a 52-week low of $22.83 and a 52-week high of $40.75. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.17.

FNF Group of Fidelity National Financial (NYSE:FNF) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.96 billion. FNF Group of Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.05%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 earnings per share. analysts predict that FNF Group of Fidelity National Financial, Inc. will post 2.41 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.27 per share. The ex-dividend date is Thursday, December 14th. This represents a $1.08 dividend on an annualized basis and a yield of 2.72%. This is a boost from FNF Group of Fidelity National Financial’s previous quarterly dividend of $0.25. FNF Group of Fidelity National Financial’s payout ratio is presently 55.79%.

Several analysts have recently weighed in on FNF shares. Zacks Investment Research downgraded shares of FNF Group of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. ValuEngine raised shares of FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. FNF Group of Fidelity National Financial presently has a consensus rating of “Buy” and an average price target of $44.17.

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

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FNF Group of Fidelity National Financial 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 FNF Group of Fidelity National Financial (NYSE:FNF)

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