Fidelity National Financial, Inc. (NYSE:FNF) – Stock analysts at SunTrust Banks cut their Q4 2017 EPS estimates for shares of Fidelity National Financial in a report released on Thursday. SunTrust Banks analyst M. Hughes now anticipates that the financial services provider will post earnings of $0.59 per share for the quarter, down from their previous estimate of $0.67. SunTrust Banks currently has a “Buy” rating and a $41.00 target price on the stock. SunTrust Banks also issued estimates for Fidelity National Financial’s Q1 2018 earnings at $0.36 EPS, Q4 2018 earnings at $0.64 EPS and FY2018 earnings at $2.40 EPS.

FNF has been the subject of several other research reports. Zacks Investment Research downgraded Fidelity National Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, September 5th. Barclays PLC boosted their price objective on Fidelity National Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Monday, July 3rd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $45.67.

ILLEGAL ACTIVITY WARNING: This piece was posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be read at https://www.americanbankingnews.com/2017/10/23/fidelity-national-financial-inc-fnf-to-post-q4-2017-earnings-of-0-59-per-share-suntrust-banks-forecasts.html.

Fidelity National Financial (NYSE FNF) opened at 35.70 on Monday. The firm’s 50-day moving average is $34.38 and its 200 day moving average is $32.30. The company has a market cap of $9.74 billion, a price-to-earnings ratio of 15.57 and a beta of 0.91. Fidelity National Financial has a 12-month low of $31.64 and a 12-month high of $49.37.

The firm also recently announced a dividend, which was paid on Monday, October 2nd. Investors of record on Monday, October 2nd were issued a dividend of $30.66 per share. The ex-dividend date of this dividend was Monday, October 2nd. Fidelity National Financial’s dividend payout ratio is presently 56.77%.

In other Fidelity National Financial news, Director Janet Kerr sold 786 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $48.41, for a total value of $38,050.26. Following the completion of the transaction, the director now owns 11,817 shares in the company, valued at $572,060.97. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Peter T. Sadowski sold 133,215 shares of the stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $47.53, for a total value of $6,331,708.95. Following the completion of the transaction, the executive vice president now owns 89,575 shares of the company’s stock, valued at approximately $4,257,499.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,001 shares of company stock valued at $10,226,559. 5.00% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of FNF. Neuberger Berman Group LLC raised its holdings in Fidelity National Financial by 33.6% in the first quarter. Neuberger Berman Group LLC now owns 12,790 shares of the financial services provider’s stock worth $498,000 after purchasing an additional 3,214 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in Fidelity National Financial in the first quarter worth $233,000. Dimensional Fund Advisors LP raised its holdings in Fidelity National Financial by 7.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,338,595 shares of the financial services provider’s stock worth $52,126,000 after purchasing an additional 90,956 shares in the last quarter. KCG Holdings Inc. bought a new position in Fidelity National Financial in the first quarter worth $232,000. Finally, Bank of America Corp DE raised its holdings in Fidelity National Financial by 2.9% in the first quarter. Bank of America Corp DE now owns 1,066,963 shares of the financial services provider’s stock worth $41,548,000 after purchasing an additional 30,086 shares in the last quarter. Institutional investors and hedge funds own 82.13% of the company’s stock.

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.

Earnings History and Estimates for Fidelity National Financial (NYSE:FNF)

Receive News & Ratings for Fidelity National Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.