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

Avidian Wealth Enterprises LLC lessened its position in Fidelity National Financial, Inc. (NYSE:FNF) by 18.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & 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 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FNF. Capital Performance Advisors LLP acquired a new stake in shares of Fidelity National Financial in the third quarter valued at approximately $32,000. Brooklyn Investment Group acquired a new stake in Fidelity National Financial in the 3rd quarter valued at approximately $35,000. True Wealth Design LLC bought a new stake in Fidelity National Financial during the 3rd quarter valued at $41,000. Larson Financial Group LLC boosted its position in Fidelity National Financial by 141.1% during the 3rd quarter. Larson Financial Group LLC now owns 687 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 402 shares during the period. Finally, Covestor Ltd boosted its position in Fidelity National Financial by 73.1% during the 3rd quarter. Covestor Ltd now owns 812 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 343 shares during the period. 81.17% of the stock is currently owned by institutional investors.

Fidelity National Financial Stock Performance

NYSE:FNF opened at $57.91 on Friday. The company has a 50-day moving average of $57.53 and a 200-day moving average of $58.86. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 21.06 and a beta of 1.39. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a twelve month low of $46.85 and a twelve month high of $64.83.

Insider Activity at Fidelity National Financial

In related news, Director Sandra Douglass Morgan sold 2,092 shares of Fidelity National Financial stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $56.33, for a total value of $117,842.36. Following the transaction, the director now directly owns 32,386 shares in the company, valued at $1,824,303.38. The trade was a 6.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Halim Dhanidina sold 2,800 shares of the stock in a transaction on Friday, January 10th. The shares were sold at an average price of $54.85, for a total value of $153,580.00. Following the completion of the transaction, the director now owns 16,716 shares of the company’s stock, valued at $916,872.60. This trade represents a 14.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FNF. Truist Financial lifted their price objective on shares of Fidelity National Financial from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Financial from $64.00 to $63.00 and set a “market perform” rating for the company in a research note on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a “hold” rating to a “buy” rating and raised their price objective for the company from $76.00 to $77.00 in a research note on Friday, January 3rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.40.

About Fidelity National Financial

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.