Foundations Investment Advisors LLC Purchases 911 Shares of Fidelity National Financial, Inc. $FNF

Foundations Investment Advisors LLC grew its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 15.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,858 shares of the financial services provider’s stock after purchasing an additional 911 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Fidelity National Financial were worth $384,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Gilbert & Cook Inc. lifted its holdings in Fidelity National Financial by 3.0% in the first quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock valued at $378,000 after buying an additional 168 shares during the period. Journey Strategic Wealth LLC lifted its stake in shares of Fidelity National Financial by 1.2% in the 1st quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock valued at $943,000 after purchasing an additional 175 shares during the period. Commerce Bank boosted its position in shares of Fidelity National Financial by 3.1% in the 1st 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 grew its stake in shares of Fidelity National Financial by 0.6% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 31,651 shares of the financial services provider’s stock worth $2,060,000 after purchasing an additional 197 shares during the period. Finally, Islay Capital Management LLC increased its holdings in Fidelity National Financial by 2.3% in the second quarter. Islay Capital Management LLC now owns 8,865 shares of the financial services provider’s stock valued at $497,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Daniel D. Lane sold 6,367 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $57.63, for a total transaction of $366,930.21. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.50% of the stock is owned by corporate insiders.

Fidelity National Financial Stock Performance

Shares of FNF opened at $57.25 on Thursday. The firm has a market cap of $15.52 billion, a P/E ratio of 14.53 and a beta of 1.05. Fidelity National Financial, Inc. has a twelve month low of $50.61 and a twelve month high of $66.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.24 and a current ratio of 0.24. The firm’s 50 day moving average price is $57.54 and its two-hundred day moving average price is $57.22.

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

Fidelity National Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.6%. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, December 17th. Fidelity National Financial’s dividend payout ratio is presently 48.37%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on FNF shares. Weiss Ratings restated a “buy (b-)” rating on shares of Fidelity National Financial in a research report on Thursday, November 13th. Barclays restated a “cautious” rating on shares of Fidelity National Financial in a report on Monday, October 6th. Stephens started coverage on shares of Fidelity National Financial in a report on Friday, November 14th. They issued an “overweight” rating on the stock. National Bankshares set a $64.00 price target on shares of Fidelity National Financial in a research report on Monday, October 6th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Fidelity National Financial from $69.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, November 10th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.00.

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.