368,348 Shares in FNF Group of Fidelity National Financial, Inc. (FNF) Acquired by Old Mutual Global Investors UK Ltd.

Old Mutual Global Investors UK Ltd. purchased a new stake in shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 368,348 shares of the financial services provider’s stock, valued at approximately $14,453,000. Old Mutual Global Investors UK Ltd. owned 0.13% of FNF Group of Fidelity National Financial at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNF. Cerebellum GP LLC bought a new position in shares of FNF Group of Fidelity National Financial during the 4th quarter valued at $125,000. Whittier Trust Co. raised its holdings in FNF Group of Fidelity National Financial by 92.1% in the 4th quarter. Whittier Trust Co. now owns 5,215 shares of the financial services provider’s stock worth $205,000 after purchasing an additional 2,500 shares during the period. GSA Capital Partners LLP bought a new position in FNF Group of Fidelity National Financial in the 3rd quarter worth $207,000. Advisor Group Inc. raised its holdings in FNF Group of Fidelity National Financial by 3.7% in the 2nd quarter. Advisor Group Inc. now owns 21,266 shares of the financial services provider’s stock worth $211,000 after purchasing an additional 756 shares during the period. Finally, Douglas Lane & Associates LLC bought a new position in FNF Group of Fidelity National Financial in the 3rd quarter worth $215,000. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

FNF Group of Fidelity National Financial, Inc. (NYSE FNF) opened at $38.28 on Thursday. FNF Group of Fidelity National Financial, Inc. has a twelve month low of $26.74 and a twelve month high of $41.99. The company has a market capitalization of $10,508.23, a price-to-earnings ratio of 15.51 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 3.01 and a debt-to-equity ratio of 0.17.

FNF Group of Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Tuesday, January 30th. The financial services provider reported $0.60 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.60. The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.91 billion. FNF Group of Fidelity National Financial had a return on equity of 11.72% and a net margin of 8.13%. The business’s quarterly revenue was down 8.9% on a year-over-year basis. During the same period last year, the firm earned $0.71 earnings per share. analysts anticipate that FNF Group of Fidelity National Financial, Inc. will post 2.69 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $1.08 dividend on an annualized basis and a yield of 2.82%. FNF Group of Fidelity National Financial’s dividend payout ratio is presently 55.46%.

FNF has been the topic of a number of recent research reports. Zacks Investment Research cut FNF Group of Fidelity National Financial from a “hold” rating to a “strong sell” rating in a report on Monday, October 23rd. Barclays raised their target price on FNF Group of Fidelity National Financial from $36.00 to $41.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. ValuEngine raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $37.00 target price on shares of FNF Group of Fidelity National Financial in a report on Sunday, October 29th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $44.14.

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About FNF Group of Fidelity National Financial

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.

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Institutional Ownership by Quarter for FNF Group of Fidelity National Financial (NYSE:FNF)

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