FNF Group of Fidelity National Financial (FNF) Stock Rating Reaffirmed by Piper Jaffray Companies

FNF Group of Fidelity National Financial (NYSE:FNF)‘s stock had its “buy” rating restated by stock analysts at Piper Jaffray Companies in a research report issued on Monday, December 18th. They presently have a $44.00 price objective on the financial services provider’s stock. Piper Jaffray Companies’ price target would indicate a potential upside of 7.95% from the company’s previous close.

FNF has been the topic of several other research reports. Zacks Investment Research upgraded shares of FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research note on Thursday, August 31st. SunTrust Banks reiterated a “buy” rating and issued a $41.00 target price on shares of FNF Group of Fidelity National Financial in a research note on Friday, October 20th. ValuEngine upgraded shares of FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Barclays upped their target price on shares of FNF Group of Fidelity National Financial from $36.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $37.00 target price on shares of FNF Group of Fidelity National Financial in a research note on Sunday, October 29th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $44.00.

Shares of FNF Group of Fidelity National Financial (NYSE FNF) traded down $0.06 on Monday, reaching $40.76. 1,100,000 shares of the company’s stock were exchanged, compared to its average volume of 1,520,000. The stock has a market capitalization of $11,180.00, a PE ratio of -582.29 and a beta of 0.69. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.17. FNF Group of Fidelity National Financial has a twelve month low of $26.37 and a twelve month high of $41.54.

FNF Group of Fidelity National Financial (NYSE:FNF) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.04. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.96 billion. FNF Group of Fidelity National Financial had a net margin of 7.77% and a return on equity of 11.05%. The business’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 earnings per share. sell-side analysts forecast that FNF Group of Fidelity National Financial will post 2.47 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. Fiduciary Trust Co. bought a new position in FNF Group of Fidelity National Financial during the second quarter valued at approximately $137,000. Northwestern Mutual Wealth Management Co. lifted its position in FNF Group of Fidelity National Financial by 3,739.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,417 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 3,328 shares during the period. Bronfman E.L. Rothschild L.P. lifted its position in FNF Group of Fidelity National Financial by 3.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,467 shares of the financial services provider’s stock valued at $155,000 after purchasing an additional 131 shares during the period. GSA Capital Partners LLP bought a new position in FNF Group of Fidelity National Financial during the third quarter valued at approximately $207,000. Finally, Oppenheimer & Co. Inc. bought a new position in FNF Group of Fidelity National Financial during the second quarter valued at approximately $210,000. Institutional investors own 81.27% of the company’s stock.

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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.

Analyst Recommendations for FNF Group of Fidelity National Financial (NYSE:FNF)

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