Fidelity National Financial Inc (FNF) Holdings Lifted by Nomura Asset Management Co. Ltd.

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Nomura Asset Management Co. Ltd. boosted its stake in shares of Fidelity National Financial Inc (NYSE:FNF) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,287 shares of the financial services provider’s stock after purchasing an additional 1,419 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Fidelity National Financial were worth $1,424,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Great West Life Assurance Co. Can lifted its stake in shares of Fidelity National Financial by 34.0% during the fourth quarter. Great West Life Assurance Co. Can now owns 455,370 shares of the financial services provider’s stock valued at $13,649,000 after buying an additional 115,497 shares during the period. Northern Trust Corp lifted its stake in shares of Fidelity National Financial by 13.5% during the fourth quarter. Northern Trust Corp now owns 2,124,349 shares of the financial services provider’s stock valued at $66,789,000 after buying an additional 251,956 shares during the period. Standard Life Aberdeen plc lifted its stake in shares of Fidelity National Financial by 0.7% during the fourth quarter. Standard Life Aberdeen plc now owns 207,499 shares of the financial services provider’s stock valued at $6,475,000 after buying an additional 1,497 shares during the period. Mn Services Vermogensbeheer B.V. lifted its stake in shares of Fidelity National Financial by 7.6% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 46,684 shares of the financial services provider’s stock valued at $1,284,000 after buying an additional 3,300 shares during the period. Finally, Advisor Group Inc. lifted its stake in shares of Fidelity National Financial by 2.6% during the fourth quarter. Advisor Group Inc. now owns 36,821 shares of the financial services provider’s stock valued at $1,157,000 after buying an additional 950 shares during the period. Institutional investors own 82.06% of the company’s stock.

NYSE:FNF opened at $35.07 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The company has a market cap of $9.66 billion, a price-to-earnings ratio of 12.99 and a beta of 0.91. Fidelity National Financial Inc has a fifty-two week low of $29.50 and a fifty-two week high of $42.52.

Fidelity National Financial (NYSE:FNF) last posted its quarterly earnings results on Wednesday, February 13th. The financial services provider reported $0.63 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.68 by ($0.05). The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Fidelity National Financial had a return on equity of 16.28% and a net margin of 8.27%. The business’s revenue for the quarter was down 14.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.60 EPS. On average, equities analysts predict that Fidelity National Financial Inc will post 2.73 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.31 per share. The ex-dividend date is Thursday, March 14th. This represents a $1.24 dividend on an annualized basis and a yield of 3.54%. This is an increase from Fidelity National Financial’s previous quarterly dividend of $0.30. Fidelity National Financial’s dividend payout ratio (DPR) is currently 44.44%.

FNF has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Fidelity National Financial from a “hold” rating to a “sell” rating in a research note on Monday, January 7th. ValuEngine raised shares of Fidelity National Financial from a “sell” rating to a “hold” rating in a research note on Thursday, March 7th. Barclays set a $42.00 price target on shares of Fidelity National Financial and gave the stock a “buy” rating in a research note on Friday, December 14th. Finally, Compass Point initiated coverage on shares of Fidelity National Financial in a research note on Thursday, January 24th. They set a “buy” rating and a $43.25 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Fidelity National Financial currently has a consensus rating of “Hold” and an average price target of $40.56.

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Fidelity National Financial Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage industries in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.

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

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