Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lessened its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 18.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,308 shares of the financial services provider’s stock after selling 965 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Fidelity National Financial were worth $242,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. CWM LLC lifted its stake in shares of Fidelity National Financial by 101.7% during the third quarter. CWM LLC now owns 11,729 shares of the financial services provider’s stock worth $728,000 after purchasing an additional 5,913 shares in the last quarter. Swedbank AB boosted its holdings in Fidelity National Financial by 25.1% in the 3rd quarter. Swedbank AB now owns 42,375 shares of the financial services provider’s stock worth $2,630,000 after acquiring an additional 8,511 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Fidelity National Financial by 29.8% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,585 shares of the financial services provider’s stock valued at $1,588,000 after acquiring an additional 5,879 shares in the last quarter. Claro Advisors LLC purchased a new stake in shares of Fidelity National Financial during the third quarter valued at approximately $1,117,000. Finally, Stonegate Investment Group LLC lifted its position in shares of Fidelity National Financial by 5.9% during the third quarter. Stonegate Investment Group LLC now owns 45,125 shares of the financial services provider’s stock worth $2,800,000 after purchasing an additional 2,532 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Fidelity National Financial Stock Performance

Shares of Fidelity National Financial stock opened at $57.91 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.24 and a current ratio of 0.24. Fidelity National Financial, Inc. has a 1 year low of $46.85 and a 1 year high of $64.83. The firm’s 50-day simple moving average is $57.53 and its 200-day simple moving average is $58.86. The firm has a market cap of $15.85 billion, a PE ratio of 21.06 and a beta of 1.39.

Analyst Ratings Changes

FNF has been the topic of several analyst reports. Keefe, Bruyette & Woods dropped their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Fidelity National Financial from a “hold” rating to a “buy” rating and lifted their target price for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Finally, Truist Financial increased their price target on Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.40.

Insider Activity at Fidelity National Financial

In related news, Director Halim Dhanidina sold 2,800 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the completion of the sale, the director now owns 16,716 shares of the company’s stock, valued at $916,872.60. This represents a 14.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sandra Douglass Morgan sold 2,092 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total transaction of $117,842.36. Following the completion of the transaction, the director now directly owns 32,386 shares in the company, valued at $1,824,303.38. This represents a 6.07 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Fidelity National Financial Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.