Economy

Traders Sell Fidelity National Financial, Inc. (FNF) on Strength (FNF)

(NYSE:FNF) earned "Buy" rating by Piper Jaffray on Monday, October 16. The stock has "Overweight" rating by Barclays Capital on Friday, October 27. The value of the total investment in FNF Group of Fidelity National went from $566,000 to $549,000 a change of $17,000 for the reporting period. SunTrust Banks, Inc. reiterated a buy rating and set a $41.00 price target on shares of Fidelity National Financial in a research report on Friday, October 20th. Finally, ValuEngine upgraded shares of Fidelity National Financial from a hold rating to a buy rating in a research report on Friday, September 1st. The other 8 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. (NYSE:FNF) has "Buy" rating given on Tuesday, September 12 by Piper Jaffray.

Fidelity National Financial (NYSE FNF) opened at 37.15 on Friday. About 38,729 shares traded.

It is trading at $37.15 which is slightly above $34.77, the 50 day moving average and which is well above the 200 day moving average of $32.73.

Valero Energy Corporation (NYSE:VLO) has a market cap of $33.98 billion and over the last 12 months, VLO has risen by 33.79%. Fidelity National Financial Inc has a 12 month low of $8.38 and a 12 month high of $13.26. (NYSE:FNF) recently traded as high as $37.25. The financial services provider reported $0.71 earnings per share for the quarter, topping the Thomson Reuters' 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 also recently declared a dividend for shareholders to be paid on Friday December 29th, 2017. Revenue during the quarter was $2.27 billion, representing 610% growth from $319 million in year-ago quarter. During the same period past year, the firm posted $0.69 earnings per share. Equities analysts forecast that Fidelity National Financial will post $2.41 earnings per share for the current fiscal year. If you are accessing this news story on another publication, it was stolen and reposted in violation of USA and global copyright and trademark laws. "(FNF) Price Target to $41.00" was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and global copyright law. The Company offers title insurance through its title insurance underwriters: Fidelity National Title Insurance Company, Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, Alamo Title Insurance and National Title Insurance of New York Inc., which collectively issue title insurance policies. The dividend will be $0.270 per share for the quarter which is $1.08 annualized. Deere & Co. purchased a new position in Fidelity National Financial during the second quarter valued at about $130,000. They expect this year's earnings to rise 1.21% year-over-year to $2.5, followed by 4.4% growth in the next year to $2.61. The ex-dividend date of this dividend is Thursday, December 14th. FNF Group also provides mortgage technology solutions, including MSP, a residential mortgage servicing technology platform in the United States, through its subsidiary, Black Knight Financial Services, Inc. It worsened, as 31 investors sold FNF Group of Fidelity National Financial, Inc. shares while 110 reduced holdings. Following the transaction, the director now directly owns 11,817 shares in the company, valued at $572,060.97. Also, insider Brent B. Bickett sold 80,000 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $48.21, for a total transaction of $3,856,800.00. Janet Kerr, Director disclosed the sale of 786 shares of FNF stock. (NYSE:FNF). Winslow Evans Crocker reported 631 shares or 0% of all its holdings. Fidelity National Financial accounts for approximately 1.4% of Eminence Capital LP's holdings, making the stock its 28th largest position. FNF Group of Fidelity National Financial, Inc. Finally, AQR Capital Management LLC lifted its holdings in Fidelity National Financial by 3.9% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 3,467 shares of the financial services provider's stock worth $155,000 after purchasing an additional 131 shares during the last quarter. Announces 8% Increase in FNF Group Quarterly ..." published on October 25, 2017, Prnewswire.com published: "Fidelity National Financial, Inc.

More notable recent FNF Group of Fidelity National Financial, Inc. Dimensional Fund Advisors LP now owns 1,338,595 shares of the financial services provider's stock worth $52,126,000 after buying an additional 90,956 shares during the period.

The Gabelli Equity Trust Inc.is a non-diversified, closed-end management investment company.



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