Fidelity National Financial (FNF) Insider Brent B. Bickett Sells 63,155 Shares of Stock

Fidelity National Financial (NYSE:FNF) insider Brent B. Bickett sold 63,155 shares of the company’s stock in a transaction on Tuesday, April 17th. The shares were sold at an average price of $39.10, for a total value of $2,469,360.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Fidelity National Financial stock opened at $38.56 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $10,741.53, a price-to-earnings ratio of 15.78 and a beta of 0.83. Fidelity National Financial has a fifty-two week low of $28.31 and a fifty-two week high of $42.52.

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Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.60 EPS for the quarter, meeting analysts’ consensus estimates of $0.60. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.91 billion. Fidelity National Financial had a return on equity of 11.71% and a net margin of 8.13%. The business’s revenue for the quarter was down 8.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.71 earnings per share. equities analysts predict that Fidelity National Financial will post 2.79 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Friday, March 16th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Thursday, March 15th. Fidelity National Financial’s payout ratio is currently 52.86%.

FNF has been the topic of several research reports. Zacks Investment Research raised Fidelity National Financial from a “hold” rating to a “buy” rating and set a $46.00 target price on the stock in a report on Tuesday, January 16th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $42.00 target price on shares of Fidelity National Financial in a report on Friday, December 22nd. ValuEngine raised Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Wednesday, March 28th. Finally, Barclays set a $46.00 target price on Fidelity National Financial and gave the company a “buy” rating in a report on Friday, January 12th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $44.00.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. IFM Investors Pty Ltd boosted its stake in shares of Fidelity National Financial by 13.7% during the fourth quarter. IFM Investors Pty Ltd now owns 10,130 shares of the financial services provider’s stock valued at $398,000 after acquiring an additional 1,224 shares during the last quarter. M&T Bank Corp boosted its stake in shares of Fidelity National Financial by 6.6% during the fourth quarter. M&T Bank Corp now owns 24,029 shares of the financial services provider’s stock valued at $943,000 after acquiring an additional 1,498 shares during the last quarter. GWM Advisors LLC boosted its stake in shares of Fidelity National Financial by 7.3% during the fourth quarter. GWM Advisors LLC now owns 32,511 shares of the financial services provider’s stock valued at $1,332,000 after acquiring an additional 2,225 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of Fidelity National Financial by 92.1% during the fourth quarter. Whittier Trust Co. now owns 5,215 shares of the financial services provider’s stock valued at $205,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Ellington Management Group LLC boosted its stake in shares of Fidelity National Financial by 49.1% during the fourth quarter. Ellington Management Group LLC now owns 7,900 shares of the financial services provider’s stock valued at $310,000 after acquiring an additional 2,600 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

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About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage industries in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

Insider Buying and Selling by Quarter for Fidelity National Financial (NYSE:FNF)

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