FNF Group of Fidelity National Financial, Inc. (FNF) Given Average Rating of “Buy” by Analysts

Shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) have earned a consensus recommendation of “Buy” from the seven research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $43.60.

A number of analysts have recently weighed in on the company. Zacks Investment Research raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a research note on Tuesday, January 16th. Barclays set a $46.00 price objective on FNF Group of Fidelity National Financial and gave the company a “buy” rating in a research note on Friday, January 12th. Piper Jaffray Companies reissued 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. Keefe, Bruyette & Woods reissued a “hold” rating and set a $42.00 price objective on shares of FNF Group of Fidelity National Financial in a research note on Friday, December 22nd. Finally, SunTrust Banks reissued a “buy” rating and set a $41.00 price objective on shares of FNF Group of Fidelity National Financial in a research note on Friday, October 20th.

Shares of FNF Group of Fidelity National Financial (NYSE FNF) opened at $41.20 on Monday. The stock has a market capitalization of $11,360.00, a P/E ratio of -588.57 and a beta of 0.69. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.85 and a quick ratio of 0.85. FNF Group of Fidelity National Financial has a 52 week low of $27.00 and a 52 week high of $41.99.

Several large investors have recently added to or reduced their stakes in FNF. PointState Capital LP bought a new position in shares of FNF Group of Fidelity National Financial during the second quarter valued at approximately $33,981,000. PGGM Investments bought a new position in shares of FNF Group of Fidelity National Financial during the third quarter valued at approximately $24,678,000. Victory Capital Management Inc. raised its holdings in shares of FNF Group of Fidelity National Financial by 8.7% during the third quarter. Victory Capital Management Inc. now owns 4,698,531 shares of the financial services provider’s stock valued at $222,993,000 after acquiring an additional 375,435 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of FNF Group of Fidelity National Financial by 88.4% during the second quarter. Renaissance Technologies LLC now owns 641,100 shares of the financial services provider’s stock valued at $28,741,000 after acquiring an additional 300,785 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of FNF Group of Fidelity National Financial by 242.9% during the third quarter. Janus Henderson Group PLC now owns 387,002 shares of the financial services provider’s stock valued at $18,366,000 after acquiring an additional 274,143 shares in the last quarter. 81.30% of the stock is owned by hedge funds and other institutional investors.

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FNF Group of 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.

Analyst Recommendations for FNF Group of Fidelity National Financial (NYSE:FNF)

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