CHURCHILL MANAGEMENT Corp Has $9.35 Million Holdings in Fidelity National Financial, Inc. $FNF

CHURCHILL MANAGEMENT Corp cut its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 1.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 166,763 shares of the financial services provider’s stock after selling 3,283 shares during the period. CHURCHILL MANAGEMENT Corp owned approximately 0.06% of Fidelity National Financial worth $9,349,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC grew its stake in shares of Fidelity National Financial by 80.0% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 208 shares in the last quarter. Rise Advisors LLC acquired a new position in shares of Fidelity National Financial in the first quarter valued at about $32,000. Opal Wealth Advisors LLC acquired a new position in shares of Fidelity National Financial in the first quarter valued at about $32,000. Synergy Investment Management LLC acquired a new stake in Fidelity National Financial during the first quarter worth about $36,000. Finally, Olde Wealth Management LLC acquired a new stake in Fidelity National Financial during the first quarter worth about $40,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Stock Down 0.3%

Shares of NYSE FNF opened at $60.33 on Thursday. The company has a 50 day simple moving average of $59.20 and a 200 day simple moving average of $58.77. The firm has a market cap of $16.39 billion, a PE ratio of 15.31 and a beta of 1.05. Fidelity National Financial, Inc. has a 1 year low of $50.61 and a 1 year high of $66.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.24). The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.64 billion. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.24 EPS. On average, research analysts forecast that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, September 16th. This represents a $2.00 annualized dividend and a yield of 3.3%. Fidelity National Financial’s dividend payout ratio (DPR) is presently 50.76%.

Analyst Ratings Changes

Separately, Barclays reduced their price objective on shares of Fidelity National Financial from $67.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $71.20.

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.