Ladenburg Thalmann Financial Services Inc. Has $881,000 Stake in FNF Group of Fidelity National Financial, Inc. (FNF)

Ladenburg Thalmann Financial Services Inc. decreased its holdings in FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 27.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,584 shares of the financial services provider’s stock after selling 7,100 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in FNF Group of Fidelity National Financial were worth $881,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in FNF. MUFG Americas Holdings Corp bought a new stake in FNF Group of Fidelity National Financial in the third quarter valued at about $316,000. Stephens Inc. AR increased its holdings in FNF Group of Fidelity National Financial by 25.7% in the second quarter. Stephens Inc. AR now owns 17,912 shares of the financial services provider’s stock valued at $803,000 after buying an additional 3,661 shares during the last quarter. Janus Henderson Group PLC increased its holdings in FNF Group of Fidelity National Financial by 242.9% in 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 buying an additional 274,143 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in FNF Group of Fidelity National Financial by 94.3% in the second quarter. BNP Paribas Arbitrage SA now owns 104,336 shares of the financial services provider’s stock valued at $4,677,000 after buying an additional 50,633 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale increased its holdings in FNF Group of Fidelity National Financial by 101.9% in the third quarter. DekaBank Deutsche Girozentrale now owns 32,244 shares of the financial services provider’s stock valued at $1,699,000 after buying an additional 16,275 shares during the last quarter. Institutional investors and hedge funds own 81.27% of the company’s stock.

FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) traded down $0.06 during trading hours on Friday, hitting $40.76. The stock had a trading volume of 1,100,000 shares, compared to its average volume of 1,520,000. The company has a market capitalization of $11,180.00, a price-to-earnings ratio of -582.29 and a beta of 0.69. FNF Group of Fidelity National Financial, Inc. has a 52 week low of $26.37 and a 52 week high of $41.54. 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 (NYSE:FNF) last posted its earnings results on Wednesday, October 25th. The financial services provider reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.04. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.96 billion. FNF Group of Fidelity National Financial had a return on equity of 11.05% and a net margin of 7.77%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 earnings per share. sell-side analysts forecast that FNF Group of Fidelity National Financial, Inc. will post 2.47 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a dividend of $0.27 per share. The ex-dividend date was Thursday, December 14th. This is an increase from FNF Group of Fidelity National Financial’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 2.65%. FNF Group of Fidelity National Financial’s payout ratio is currently -1,885.71%.

FNF has been the subject of several research analyst reports. Zacks Investment Research raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a report on Friday, December 29th. ValuEngine raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Barclays boosted their price objective on FNF Group of Fidelity National Financial from $36.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, October 27th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $37.00 price objective on shares of FNF Group of Fidelity National Financial in a report on Sunday, October 29th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $44.00 price objective on shares of FNF Group of Fidelity National Financial in a report on Monday, December 18th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $44.00.

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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.

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

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