Juncture Wealth Strategies LLC Purchases 1,500 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Juncture Wealth Strategies LLC raised its position in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 11.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,374 shares of the financial services provider’s stock after acquiring an additional 1,500 shares during the period. Juncture Wealth Strategies LLC’s holdings in Fidelity National Financial were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Cerity Partners LLC grew its holdings in shares of Fidelity National Financial by 25.6% in the first quarter. Cerity Partners LLC now owns 16,783 shares of the financial services provider’s stock worth $584,000 after purchasing an additional 3,424 shares during the last quarter. DnB Asset Management AS lifted its position in shares of Fidelity National Financial by 12.6% during the first quarter. DnB Asset Management AS now owns 51,265 shares of the financial services provider’s stock valued at $1,791,000 after buying an additional 5,732 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Fidelity National Financial by 7.9% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 529,930 shares of the financial services provider’s stock valued at $19,936,000 after buying an additional 38,782 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in shares of Fidelity National Financial during the first quarter valued at about $964,000. Finally, Citigroup Inc. lifted its position in shares of Fidelity National Financial by 23.2% during the first quarter. Citigroup Inc. now owns 362,904 shares of the financial services provider’s stock valued at $12,676,000 after buying an additional 68,380 shares during the last quarter. Institutional investors own 77.16% of the company’s stock.

Fidelity National Financial Trading Down 0.0 %

Shares of Fidelity National Financial stock traded down $0.01 during trading hours on Monday, reaching $42.81. The stock had a trading volume of 493,208 shares, compared to its average volume of 1,645,844. The firm has a 50 day simple moving average of $40.09 and a two-hundred day simple moving average of $36.73. The firm has a market capitalization of $11.65 billion, a price-to-earnings ratio of 22.60 and a beta of 1.33. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.55. Fidelity National Financial, Inc. has a 1 year low of $31.84 and a 1 year high of $45.51.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Tuesday, August 8th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.03). Fidelity National Financial had a return on equity of 15.89% and a net margin of 4.57%. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the prior year, the firm earned $1.90 earnings per share. Fidelity National Financial’s revenue for the quarter was up 16.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Fidelity National Financial, Inc. will post 3.7 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Thursday, September 14th. Fidelity National Financial’s payout ratio is 95.24%.

Analyst Ratings Changes

Several brokerages recently commented on FNF. Truist Financial increased their price objective on shares of Fidelity National Financial from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, August 10th. Stephens reaffirmed an “overweight” rating and issued a $48.00 price objective on shares of Fidelity National Financial in a research report on Thursday, August 17th. TheStreet raised shares of Fidelity National Financial from a “c+” rating to a “b” rating in a research report on Wednesday, August 9th. BTIG Research raised their price objective on shares of Fidelity National Financial from $47.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Finally, StockNews.com began coverage on shares of Fidelity National Financial in a research note on Thursday, August 17th. They set a “hold” rating on the stock. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Fidelity National Financial has an average rating of “Moderate Buy” and an average price target of $47.17.

Insider Activity at Fidelity National Financial

In other news, CEO Michael Joseph Nolan sold 30,000 shares of the company’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $43.12, for a total transaction of $1,293,600.00. Following the completion of the sale, the chief executive officer now owns 354,786 shares in the company, valued at approximately $15,298,372.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.40% of the stock is owned by insiders.

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.