Fidelity National Financial, Inc. (NYSE:FNF) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP lifted its stake in Fidelity National Financial, Inc. (NYSE:FNF) by 42.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,325 shares of the financial services provider’s stock after purchasing an additional 12,576 shares during the period. Entropy Technologies LP’s holdings in Fidelity National Financial were worth $2,376,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new stake in shares of Fidelity National Financial during the 3rd quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in Fidelity National Financial during the third quarter worth $35,000. True Wealth Design LLC purchased a new stake in Fidelity National Financial during the third quarter worth $41,000. UMB Bank n.a. grew its holdings in Fidelity National Financial by 280.6% in the third quarter. UMB Bank n.a. now owns 685 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 505 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of Fidelity National Financial by 141.1% during the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after buying an additional 402 shares during the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Insiders Place Their Bets

In other Fidelity National Financial news, Director Sandra Douglass Morgan sold 2,092 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the sale, the director now directly owns 32,386 shares of the company’s stock, valued at approximately $1,824,303.38. This trade represents a 6.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Halim Dhanidina sold 2,800 shares of Fidelity National Financial stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares of the company’s stock, valued at $916,872.60. This trade represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

FNF has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Truist Financial raised their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Finally, Keefe, Bruyette & Woods reduced their target price on Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Fidelity National Financial has an average rating of “Moderate Buy” and a consensus target price of $66.40.

Fidelity National Financial Stock Performance

NYSE:FNF opened at $58.04 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.24 and a quick ratio of 0.24. The firm has a market cap of $15.88 billion, a PE ratio of 21.11 and a beta of 1.39. The firm has a 50 day simple moving average of $57.94 and a 200-day simple moving average of $58.79. Fidelity National Financial, Inc. has a 1-year low of $46.85 and a 1-year high of $64.83.

About Fidelity National Financial

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.