DekaBank Deutsche Girozentrale Has $2.04 Million Position in FNF Group of Fidelity National Financial, Inc. (FNF)

DekaBank Deutsche Girozentrale increased its stake in shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 20.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,744 shares of the financial services provider’s stock after purchasing an additional 6,500 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in FNF Group of Fidelity National Financial were worth $2,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of FNF Group of Fidelity National Financial during the 4th quarter worth $122,000. Cerebellum GP LLC purchased a new stake in shares of FNF Group of Fidelity National Financial during the 4th quarter worth $125,000. Whittier Trust Co. lifted its stake in shares of FNF Group of Fidelity National Financial by 92.1% during the 4th quarter. Whittier Trust Co. now owns 5,215 shares of the financial services provider’s stock worth $205,000 after purchasing an additional 2,500 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of FNF Group of Fidelity National Financial during the 3rd quarter worth $207,000. Finally, Bell & Brown Wealth Advisors LLC purchased a new stake in shares of FNF Group of Fidelity National Financial during the 4th quarter worth $214,000. Hedge funds and other institutional investors own 80.46% of the company’s stock.

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FNF has been the subject of a number of analyst reports. Piper Jaffray Companies restated a “buy” rating and set a $44.00 price objective on shares of FNF Group of Fidelity National Financial in a research note on Monday, December 18th. ValuEngine upgraded FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research upgraded FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Friday, December 29th. Barclays set a $46.00 price objective on FNF Group of Fidelity National Financial and gave the stock a “buy” rating in a research note on Friday, January 12th. Finally, Stephens reaffirmed a “buy” rating and set a $46.00 target price on shares of FNF Group of Fidelity National Financial in a research report on Thursday, February 1st. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $44.14.

FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) opened at $38.62 on Friday. FNF Group of Fidelity National Financial, Inc. has a 1 year low of $26.74 and a 1 year high of $41.99. The stock has a market capitalization of $10,516.49, a PE ratio of 15.45 and a beta of 0.84. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.70 and a current ratio of 0.70.

FNF Group of Fidelity National Financial (NYSE:FNF) last announced its earnings results on Tuesday, January 30th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.60. FNF Group of Fidelity National Financial had a return on equity of 11.71% and a net margin of 8.13%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the company posted $0.71 EPS. The firm’s quarterly revenue was down 8.9% compared to the same quarter last year. equities analysts predict that FNF Group of Fidelity National Financial, Inc. will post 2.69 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 2.80%. The ex-dividend date is Thursday, March 15th. FNF Group of Fidelity National Financial’s dividend payout ratio is currently 55.46%.

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About FNF Group of Fidelity National Financial

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.

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

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