FNF Group of Fidelity National Financial (FNF) Earns Hold Rating from Keefe, Bruyette & Woods

FNF Group of Fidelity National Financial (NYSE:FNF)‘s stock had its “hold” rating reiterated by analysts at Keefe, Bruyette & Woods in a research note issued to investors on Friday. They presently have a $42.00 price objective on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 7.50% from the stock’s current price.

Other analysts have also issued reports about the company. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $44.00 target price on shares of FNF Group of Fidelity National Financial in a research report on Monday, December 18th. ValuEngine raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Zacks Investment Research lowered FNF Group of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. Barclays boosted their price objective on FNF Group of Fidelity National Financial from $36.00 to $41.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. Finally, SunTrust Banks reissued a “buy” rating and set a $41.00 price objective on shares of FNF Group of Fidelity National Financial in a report on Friday, October 20th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $44.33.

Shares of FNF Group of Fidelity National Financial (NYSE:FNF) opened at $39.07 on Friday. FNF Group of Fidelity National Financial has a 12-month low of $24.18 and a 12-month high of $40.75. The company has a market capitalization of $10,707.15, a PE ratio of 16.77 and a beta of 0.97. 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 issued its earnings results on Wednesday, October 25th. The financial services provider reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.04. FNF Group of Fidelity National Financial had a return on equity of 11.05% and a net margin of 7.77%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.96 billion. During the same period in the previous year, the company posted $0.69 EPS. The firm’s revenue was up 2.0% compared to the same quarter last year. equities analysts anticipate that FNF Group of Fidelity National Financial will post 2.41 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Crestwood Advisors Group LLC increased its holdings in FNF Group of Fidelity National Financial by 0.4% during the 3rd quarter. Crestwood Advisors Group LLC now owns 482,911 shares of the financial services provider’s stock worth $22,919,000 after purchasing an additional 2,023 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of FNF Group of Fidelity National Financial in the 3rd quarter worth approximately $207,000. Hahn Capital Management LLC boosted its stake in shares of FNF Group of Fidelity National Financial by 1.2% in the 3rd quarter. Hahn Capital Management LLC now owns 610,179 shares of the financial services provider’s stock worth $28,959,000 after buying an additional 7,503 shares during the last quarter. IFM Investors Pty Ltd purchased a new position in shares of FNF Group of Fidelity National Financial in the 3rd quarter worth approximately $423,000. Finally, California Public Employees Retirement System boosted its stake in shares of FNF Group of Fidelity National Financial by 12.1% in the 3rd quarter. California Public Employees Retirement System now owns 584,641 shares of the financial services provider’s stock worth $27,747,000 after buying an additional 63,141 shares during the last quarter. 81.31% of the stock is owned by hedge funds and other institutional investors.

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FNF Group of Fidelity National Financial Company Profile

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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