Custom Index Systems LLC Has $890,000 Holdings in Fidelity National Financial, Inc. (NYSE:FNF)

Custom Index Systems LLC boosted its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 54.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,342 shares of the financial services provider’s stock after buying an additional 5,047 shares during the period. Custom Index Systems LLC’s holdings in Fidelity National Financial were worth $890,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. ZWJ Investment Counsel Inc. boosted its position in shares of Fidelity National Financial by 1.0% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 19,740 shares of the financial services provider’s stock worth $1,225,000 after acquiring an additional 195 shares in the last quarter. Chesley Taft & Associates LLC boosted its holdings in shares of Fidelity National Financial by 1.9% in the 2nd quarter. Chesley Taft & Associates LLC now owns 10,575 shares of the financial services provider’s stock valued at $523,000 after purchasing an additional 200 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of Fidelity National Financial by 1.3% in the 2nd quarter. Intech Investment Management LLC now owns 15,336 shares of the financial services provider’s stock valued at $758,000 after purchasing an additional 202 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Fidelity National Financial by 13.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,766 shares of the financial services provider’s stock worth $87,000 after buying an additional 213 shares in the last quarter. Finally, Woodward Diversified Capital LLC raised its holdings in shares of Fidelity National Financial by 6.4% during the 1st quarter. Woodward Diversified Capital LLC now owns 4,219 shares of the financial services provider’s stock worth $224,000 after buying an additional 254 shares in the last quarter. 81.17% of the stock is owned by institutional investors.

Fidelity National Financial Trading Down 1.1 %

FNF traded down $0.65 during trading on Friday, reaching $59.96. 906,615 shares of the company’s stock were exchanged, compared to its average volume of 983,706. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.52. Fidelity National Financial, Inc. has a one year low of $37.48 and a one year high of $62.97. The firm has a fifty day moving average price of $59.95 and a two-hundred day moving average price of $54.25. The stock has a market capitalization of $16.40 billion, a PE ratio of 17.90 and a beta of 1.36.

Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.03). The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. Fidelity National Financial had a return on equity of 14.48% and a net margin of 7.19%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 EPS. As a group, equities research analysts forecast that Fidelity National Financial, Inc. will post 4.53 earnings per share for the current fiscal year.

Fidelity National Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.48 per share. The ex-dividend date was Monday, September 16th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.20%. Fidelity National Financial’s dividend payout ratio (DPR) is 57.31%.

Insider Buying and Selling

In other Fidelity National Financial news, Director Halim Dhanidina sold 1,700 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $60.85, for a total transaction of $103,445.00. Following the completion of the sale, the director now owns 13,206 shares of the company’s stock, valued at approximately $803,585.10. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

FNF has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods lifted their target price on Fidelity National Financial from $58.00 to $63.00 and gave the company a “market perform” rating in a research report on Wednesday, September 4th. Stephens reaffirmed an “overweight” rating and set a $63.00 price target on shares of Fidelity National Financial in a report on Thursday, August 15th. StockNews.com downgraded shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Fidelity National Financial from $61.00 to $63.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Finally, Barclays increased their price target on Fidelity National Financial from $56.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Fidelity National Financial currently has an average rating of “Hold” and a consensus price target of $62.40.

Fidelity National Financial 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.