Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV trimmed its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF) by 2.3% during the fourth quarter, Holdings Channel reports. The firm owned 28,192 shares of the financial services provider’s stock after selling 653 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Fidelity National Financial were worth $1,102,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the business. BlackRock Inc. raised its holdings in shares of Fidelity National Financial by 1.8% during the third quarter. BlackRock Inc. now owns 27,739,214 shares of the financial services provider’s stock worth $868,513,000 after purchasing an additional 495,112 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Fidelity National Financial by 2.1% during the third quarter. Principal Financial Group Inc. now owns 17,433,081 shares of the financial services provider’s stock worth $545,829,000 after purchasing an additional 360,552 shares during the period. Windacre Partnership LLC raised its holdings in shares of Fidelity National Financial by 14.5% during the third quarter. Windacre Partnership LLC now owns 13,686,900 shares of the financial services provider’s stock worth $428,537,000 after purchasing an additional 1,729,700 shares during the period. State Street Corp raised its holdings in shares of Fidelity National Financial by 6.2% during the third quarter. State Street Corp now owns 7,583,908 shares of the financial services provider’s stock worth $237,452,000 after purchasing an additional 442,092 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Fidelity National Financial by 33.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,284,107 shares of the financial services provider’s stock worth $134,136,000 after purchasing an additional 1,067,686 shares during the period. 76.37% of the stock is currently owned by institutional investors.

A number of analysts have weighed in on FNF shares. TheStreet raised shares of Fidelity National Financial from a “c+” rating to a “b” rating in a report on Monday, December 7th. Zacks Investment Research cut shares of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday, February 3rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $38.00.

FNF stock opened at $40.67 on Tuesday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.37. Fidelity National Financial, Inc. has a fifty-two week low of $19.00 and a fifty-two week high of $43.84. The firm’s 50-day simple moving average is $39.06 and its 200 day simple moving average is $35.62. The stock has a market cap of $11.94 billion, a PE ratio of 11.96 and a beta of 1.32.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 31st. Investors of record on Wednesday, March 17th will be given a $0.36 dividend. The ex-dividend date is Tuesday, March 16th. This represents a $1.44 dividend on an annualized basis and a yield of 3.54%. Fidelity National Financial’s dividend payout ratio is presently 42.48%.

In related news, COO Roger S. Jewkes sold 51,365 shares of the stock in a transaction dated Wednesday, December 16th. The shares were sold at an average price of $38.34, for a total value of $1,969,334.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Michael Joseph Nolan sold 40,000 shares of the stock in a transaction dated Thursday, December 24th. The shares were sold at an average price of $38.50, for a total transaction of $1,540,000.00. Following the completion of the transaction, the president now owns 310,478 shares of the company’s stock, valued at approximately $11,953,403. The disclosure for this sale can be found here. Insiders sold a total of 116,365 shares of company stock valued at $4,477,834 in the last quarter. 5.80% of the stock is currently owned by 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, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including 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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