Hudson Value Partners LLC Acquires 13,876 Shares of Fidelity National Financial, Inc. $FNF

Hudson Value Partners LLC boosted its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 15.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,306 shares of the financial services provider’s stock after buying an additional 13,876 shares during the quarter. Fidelity National Financial makes up about 2.0% of Hudson Value Partners LLC’s investment portfolio, making the stock its 17th largest holding. Hudson Value Partners LLC’s holdings in Fidelity National Financial were worth $6,309,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Avior Wealth Management LLC grew its holdings in Fidelity National Financial by 1,569.6% during the second quarter. Avior Wealth Management LLC now owns 21,170 shares of the financial services provider’s stock valued at $1,187,000 after purchasing an additional 19,902 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of Fidelity National Financial by 76.5% in the third quarter. Exchange Traded Concepts LLC now owns 50,223 shares of the financial services provider’s stock worth $3,038,000 after buying an additional 21,770 shares during the period. Federated Hermes Inc. lifted its position in shares of Fidelity National Financial by 13.4% during the 2nd quarter. Federated Hermes Inc. now owns 165,517 shares of the financial services provider’s stock valued at $9,279,000 after buying an additional 19,503 shares in the last quarter. CWM LLC grew its stake in shares of Fidelity National Financial by 389.7% during the 3rd quarter. CWM LLC now owns 120,505 shares of the financial services provider’s stock valued at $7,289,000 after acquiring an additional 95,895 shares during the period. Finally, Amundi increased its holdings in Fidelity National Financial by 32.3% in the 2nd quarter. Amundi now owns 562,348 shares of the financial services provider’s stock worth $32,228,000 after acquiring an additional 137,381 shares in the last quarter. 81.17% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Financial Stock Up 1.6%

FNF opened at $54.87 on Friday. The company has a market capitalization of $15.43 billion, a PE ratio of 13.23 and a beta of 1.00. The firm has a 50-day simple moving average of $56.15 and a two-hundred day simple moving average of $57.13. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a 52 week low of $50.61 and a 52 week high of $66.72.

Fidelity National Financial (NYSE:FNF) last posted its earnings results on Monday, November 10th. The financial services provider reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.20. The company had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $3.57 billion. Fidelity National Financial had a return on equity of 15.06% and a net margin of 8.34%.The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.30 earnings per share. Analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Fidelity National Financial’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Wednesday, December 17th. Fidelity National Financial’s payout ratio is 50.12%.

Insider Buying and Selling at Fidelity National Financial

In related news, Director Halim Dhanidina sold 6,000 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $55.90, for a total transaction of $335,400.00. Following the sale, the director owned 13,186 shares of the company’s stock, valued at $737,097.40. This represents a 31.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Daniel D. Lane sold 6,367 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $57.63, for a total transaction of $366,930.21. Following the transaction, the director owned 276,308 shares of the company’s stock, valued at $15,923,630.04. This trade represents a 2.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 5.50% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on FNF shares. Keefe, Bruyette & Woods lifted their price target on shares of Fidelity National Financial from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Wall Street Zen upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. National Bankshares set a $63.00 target price on shares of Fidelity National Financial in a report on Tuesday, January 6th. Stephens initiated coverage on Fidelity National Financial in a research note on Friday, November 14th. They issued an “overweight” rating for the company. Finally, Barclays decreased their price target on Fidelity National Financial from $64.00 to $63.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and an average price target of $68.25.

Fidelity National Financial Company Profile

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.