XTX Topco Ltd Has $3.81 Million Holdings in Fidelity National Financial, Inc. $FNF

XTX Topco Ltd boosted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 39.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,035 shares of the financial services provider’s stock after purchasing an additional 19,400 shares during the period. XTX Topco Ltd’s holdings in Fidelity National Financial were worth $3,814,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FNF. Commerce Bank grew its holdings in shares of Fidelity National Financial by 3.1% during the first quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock worth $389,000 after purchasing an additional 177 shares during the last quarter. Nissay Asset Management Corp Japan ADV lifted its position in Fidelity National Financial by 0.6% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock worth $2,060,000 after buying an additional 197 shares in the last quarter. Islay Capital Management LLC lifted its position in Fidelity National Financial by 2.3% during the 2nd quarter. Islay Capital Management LLC now owns 8,865 shares of the financial services provider’s stock worth $497,000 after buying an additional 200 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in Fidelity National Financial by 80.0% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 468 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 208 shares during the last quarter. Finally, PenderFund Capital Management Ltd. grew its holdings in Fidelity National Financial by 9.2% during the 1st quarter. PenderFund Capital Management Ltd. now owns 2,466 shares of the financial services provider’s stock worth $160,000 after acquiring an additional 208 shares during the last quarter. Institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Stock Up 2.2%

NYSE:FNF opened at $59.38 on Wednesday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 12-month low of $50.61 and a 12-month high of $66.72. The stock’s fifty day simple moving average is $57.42 and its 200-day simple moving average is $57.08. The firm has a market capitalization of $16.10 billion, a P/E ratio of 15.07 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. The firm had revenue of $3.17 billion for the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%. Equities research analysts expect that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th will be issued a dividend of $0.52 per share. This is an increase from Fidelity National Financial’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, December 17th. Fidelity National Financial’s dividend payout ratio is presently 48.37%.

Insider Buying and Selling

In other Fidelity National Financial news, Director Daniel D. Lane sold 6,367 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $57.63, for a total value of $366,930.21. Following the sale, the director directly owned 276,308 shares in the company, valued at approximately $15,923,630.04. This trade represents a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 5.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Keefe, Bruyette & Woods boosted their target price on shares of Fidelity National Financial from $69.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, November 10th. Stephens initiated coverage on shares of Fidelity National Financial in a research report on Friday, November 14th. They issued an “overweight” rating for the company. National Bankshares set a $64.00 price objective on Fidelity National Financial in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Fidelity National Financial in a research note on Thursday, November 13th. Finally, Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a report on Monday, October 6th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $70.00.

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.