Keefe, Bruyette & Woods reissued their hold rating on shares of FNF Group of Fidelity National Financial (NYSE:FNF) in a report released on Friday morning. They currently have a $42.00 price objective on the financial services provider’s stock.

FNF has been the topic of a number of other reports. Zacks Investment Research raised shares of FNF Group of Fidelity National Financial from a hold rating to a buy rating and set a $53.00 price objective on the stock in a research report on Thursday, August 31st. SunTrust Banks restated a buy rating and set a $41.00 target price on shares of FNF Group of Fidelity National Financial in a report on Friday, October 20th. ValuEngine upgraded shares of FNF Group of Fidelity National Financial from a hold rating to a buy rating in a report on Friday, September 1st. Finally, Barclays upped their price target on shares of FNF Group 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. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Buy and an average target price of $44.33.

Shares of FNF Group of Fidelity National Financial (NYSE:FNF) traded up $0.32 during trading on Friday, reaching $39.07. 1,557,054 shares of the company’s stock were exchanged, compared to its average volume of 1,621,400. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.17. The stock has a market cap of $10,605.88, a P/E ratio of 16.77 and a beta of 0.97. FNF Group of Fidelity National Financial has a fifty-two week low of $24.18 and a fifty-two week high of $40.75.

FNF Group of 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 (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.04. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate 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 company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.69 EPS. sell-side analysts expect that FNF Group of Fidelity National Financial will post 2.41 EPS for the current fiscal year.

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 paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 2.76%. This is an increase from FNF Group of Fidelity National Financial’s previous quarterly dividend of $0.25. The ex-dividend date is Thursday, December 14th. FNF Group of Fidelity National Financial’s dividend payout ratio is presently 56.65%.

Several hedge funds and other institutional investors have recently bought and sold shares of FNF. MUFG Americas Holdings Corp bought a new stake in FNF Group of Fidelity National Financial in the third quarter worth $316,000. Stephens Inc. AR lifted its position in FNF Group of Fidelity National Financial by 25.7% in the second quarter. Stephens Inc. AR now owns 17,912 shares of the financial services provider’s stock worth $803,000 after buying an additional 3,661 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in FNF Group of Fidelity National Financial by 94.3% in the second quarter. BNP Paribas Arbitrage SA now owns 104,336 shares of the financial services provider’s stock worth $4,677,000 after buying an additional 50,633 shares during the last quarter. Wells Fargo & Company MN lifted its position in FNF Group of Fidelity National Financial by 4.1% in 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. Finally, Pictet Asset Management Ltd. lifted its position in FNF Group of Fidelity National Financial by 3.5% in the third quarter. Pictet Asset Management Ltd. now owns 87,947 shares of the financial services provider’s stock worth $4,174,000 after buying an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 81.31% of the company’s stock.

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FNF Group of 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.

Analyst Recommendations for FNF Group of Fidelity National Financial (NYSE:FNF)

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