Keefe, Bruyette & Woods Increases Fidelity National Financial Price Target to $37.00 (FNF)
Research analysts at Keefe, Bruyette & Woods boosted their price target on shares of Fidelity National Financial (NYSE:FNF) from $31.00 to $37.00 in a report released on Wednesday, American Banking News.com reports. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 13.74% from the stock’s previous close.
In other Fidelity National Financial news, CFO Anthony Park unloaded 50,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $33.16, for a total transaction of $1,658,000.00. Following the completion of the transaction, the chief financial officer now directly owns 153,155 shares in the company, valued at approximately $5,078,620. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of other firms have also recently commented on FNF. Analysts at Thomson Reuters/Verus upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Monday. Separately, 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. Finally, 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. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Fidelity National Financial has a consensus rating of “Buy” and an average price target of $34.28.
Shares of Fidelity National Financial (NYSE:FNF) traded up 1.23% on Wednesday, hitting $32.93. The stock had a trading volume of 2,755,745 shares. Fidelity National Financial has a 52 week low of $21.99 and a 52 week high of $33.80. The stock has a 50-day moving average of $31.37 and a 200-day moving average of $28.34. The company’s market cap is $8.002 billion.
Fidelity National Financial (NYSE:FNF) last issued its quarterly earnings data 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. On average, analysts predict that Fidelity National Financial will post $2.03 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Shareholders 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 2.21%. The ex-dividend date is Thursday, March 13th.
Fidelity National Financial, Inc (NYSE:FNF) is a holding company.