Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Sells 2,290 Shares of FNF Group of Fidelity National Financial, Inc. (FNF)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its stake in FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 35,621 shares of the financial services provider’s stock after selling 2,290 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in FNF Group of Fidelity National Financial were worth $1,419,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. MUFG Americas Holdings Corp acquired a new stake in shares of FNF Group of Fidelity National Financial in the third quarter valued at about $316,000. Janus Henderson Group PLC grew its stake in shares of FNF Group of Fidelity National Financial by 242.9% in the third quarter. Janus Henderson Group PLC now owns 387,002 shares of the financial services provider’s stock valued at $18,366,000 after buying an additional 274,143 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of FNF Group of Fidelity National Financial by 101.9% in the third quarter. DekaBank Deutsche Girozentrale now owns 32,244 shares of the financial services provider’s stock valued at $1,699,000 after buying an additional 16,275 shares in the last quarter. Pictet Asset Management Ltd. grew its stake in shares of FNF Group of Fidelity National Financial by 3.5% in the third quarter. Pictet Asset Management Ltd. now owns 87,947 shares of the financial services provider’s stock valued at $4,174,000 after buying an additional 3,000 shares in the last quarter. Finally, Hahn Capital Management LLC grew its stake in shares of FNF Group of Fidelity National Financial by 1.2% in the third quarter. Hahn Capital Management LLC now owns 610,179 shares of the financial services provider’s stock valued at $28,959,000 after buying an additional 7,503 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

A number of research firms have recently issued reports on FNF. Zacks Investment Research upgraded FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Tuesday, January 30th. Piper Jaffray Companies reiterated a “buy” rating and issued a $44.00 target price on shares of FNF Group of Fidelity National Financial in a research note on Monday, December 18th. Stephens reiterated a “buy” rating and issued a $46.00 target price on shares of FNF Group of Fidelity National Financial in a research note on Thursday, February 1st. ValuEngine raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Finally, Barclays set a $46.00 price target on FNF Group of Fidelity National Financial and gave the company a “buy” rating in a report on Friday, January 12th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $44.14.

FNF Group of Fidelity National Financial, Inc. (NYSE FNF) opened at $37.88 on Tuesday. The company has a market capitalization of $10,183.18, a PE ratio of 15.03 and a beta of 0.89. FNF Group of Fidelity National Financial, Inc. has a 1-year low of $26.72 and a 1-year high of $41.99. The company has a quick ratio of 0.85, a current ratio of 3.01 and a debt-to-equity ratio of 0.17.

FNF Group of Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings results on Tuesday, January 30th. The financial services provider reported $0.60 EPS for the quarter, meeting analysts’ consensus estimates of $0.60. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.91 billion. FNF Group of Fidelity National Financial had a return on equity of 11.72% and a net margin of 8.13%. FNF Group of Fidelity National Financial’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.71 earnings per share. equities analysts forecast that FNF Group of Fidelity National Financial, Inc. will post 2.69 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, March 15th. FNF Group of Fidelity National Financial’s dividend payout ratio is currently 55.46%.

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FNF Group of Fidelity National Financial Company Profile

Fidelity National Financial, Inc (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF’s title insurance underwriters and related businesses.

Institutional Ownership by Quarter for FNF Group of Fidelity National Financial (NYSE:FNF)

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