Fidelity National Financial CEO Raymond R. Quirk Sells 100,000 Shares (FNF)
Fidelity National Financial (NYSE:FNF) CEO Raymond R. Quirk unloaded 100,000 shares of Fidelity National Financial stock on the open market in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $32.53, for a total transaction of $3,253,000.00. Following the completion of the transaction, the chief executive officer now directly owns 222,418 shares in the company, valued at approximately $7,235,258. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Fidelity National Financial (NYSE:FNF) traded up 0.09% on Monday, hitting $33.25. The stock had a trading volume of 526,080 shares. Fidelity National Financial has a one year low of $21.99 and a one year high of $33.80. The stock’s 50-day moving average is $31.31 and its 200-day moving average is $28.13. The company’s market cap is $8.080 billion.
Fidelity National Financial (NYSE:FNF) last announced its earnings results on Tuesday, February 11th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.08. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the company posted $0.66 earnings per share. Fidelity National Financial’s revenue was down 6.9% compared to the same quarter last year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Thursday, March 13th.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Fidelity National Financial from an “outperform” rating to a “neutral” rating in a research note on Monday, January 27th. They now have a $35.40 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Fidelity National Financial from $32.00 to $39.00 in a research note on Tuesday, January 7th. They now have an “overweight” rating on the stock. Finally, analysts at Janney Montgomery Scott upgraded shares of Fidelity National Financial from a “neutral” rating to a “buy” rating in a research note on Friday, January 3rd. They now have a $29.00 price target on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Fidelity National Financial currently has an average rating of “Buy” and a consensus target price of $33.08.
Fidelity National Financial, Inc (NYSE:FNF) is a holding company.
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