Legacy Wealth Asset Management LLC Has $535,000 Holdings in Fidelity National Financial, Inc. $FNF

Legacy Wealth Asset Management LLC lowered its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 2.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,549 shares of the financial services provider’s stock after selling 216 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Fidelity National Financial were worth $535,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. boosted its position in shares of Fidelity National Financial by 4,545.5% during the 2nd quarter. Blue Trust Inc. now owns 511 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 500 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in 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 buying an additional 208 shares during the period. Rise Advisors LLC bought a new position in shares of Fidelity National Financial during the 1st quarter worth approximately $32,000. Synergy Investment Management LLC acquired a new stake in shares of Fidelity National Financial during the 1st quarter worth approximately $36,000. Finally, REAP Financial Group LLC grew its position in shares of Fidelity National Financial by 70.0% during the 2nd quarter. REAP Financial Group LLC now owns 697 shares of the financial services provider’s stock worth $39,000 after buying an additional 287 shares during the period. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Stock Up 0.7%

Shares of NYSE FNF opened at $56.50 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.24 and a quick ratio of 0.24. The company has a 50-day moving average price of $58.93 and a 200-day moving average price of $57.96. The stock has a market capitalization of $15.35 billion, a P/E ratio of 14.34 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.

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

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Fidelity National Financial’s payout ratio is presently 50.76%.

Analysts Set New Price Targets

FNF has been the topic of several research analyst reports. National Bankshares set a $64.00 target price on shares of Fidelity National Financial in a research note on Monday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Fidelity National Financial in a report on Wednesday, October 8th. Finally, Barclays restated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $69.83.

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.