Aware Super Pty Ltd as trustee of Aware Super Makes New $12.17 Million Investment in Fidelity National Financial, Inc. (NYSE:FNF)

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of Fidelity National Financial, Inc. (NYSE:FNF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 216,698 shares of the financial services provider’s stock, valued at approximately $12,165,000. Aware Super Pty Ltd as trustee of Aware Super owned 0.08% of Fidelity National Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in FNF. Orion Portfolio Solutions LLC increased its position in Fidelity National Financial by 30.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 11,780 shares of the financial services provider’s stock valued at $731,000 after purchasing an additional 2,782 shares during the period. Barclays PLC increased its position in shares of Fidelity National Financial by 4.4% during the third quarter. Barclays PLC now owns 216,755 shares of the financial services provider’s stock valued at $13,451,000 after buying an additional 9,146 shares during the period. Sunbelt Securities Inc. increased its position in shares of Fidelity National Financial by 867.7% during the third quarter. Sunbelt Securities Inc. now owns 1,287 shares of the financial services provider’s stock valued at $80,000 after buying an additional 1,154 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Fidelity National Financial in the third quarter worth about $672,000. Finally, Tidal Investments LLC lifted its holdings in Fidelity National Financial by 38.9% in the third quarter. Tidal Investments LLC now owns 6,756 shares of the financial services provider’s stock worth $419,000 after buying an additional 1,892 shares during the period. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Price Performance

FNF opened at $62.04 on Tuesday. The firm has a market cap of $17.06 billion, a PE ratio of 13.34 and a beta of 1.09. The stock has a 50-day moving average price of $61.64 and a 200-day moving average price of $60.18. Fidelity National Financial, Inc. has a 1 year low of $46.85 and a 1 year high of $66.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Thursday, February 20th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.11. Fidelity National Financial had a net margin of 9.28% and a return on equity of 15.36%. The business had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.33 billion. During the same period in the previous year, the company earned $0.75 earnings per share. Sell-side analysts predict that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend was Monday, March 17th. Fidelity National Financial’s payout ratio is 43.01%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Barclays increased their target price on Fidelity National Financial from $61.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Monday, February 24th. Stephens raised their price objective on Fidelity National Financial from $68.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and boosted their target price for the company from $76.00 to $77.00 in a report on Friday, January 3rd. Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating and set a $69.00 price target for the company in a research note on Tuesday, April 8th. Finally, StockNews.com lowered shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Fidelity National Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.60.

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.