November 29, 2016 - By Richard Conner
The director of Fidelity National Financial Inc, Frank Willey has made a surprising transaction in the firm that is having a value of $786,364 US Dollars. As shown in the D.C. based-SEC electronic document filed on November 29, 2016, Frank unloaded 23,662 shares based on an average market price per share of $33.2. And, It’s sure Frank’s sell isn’t going to stay a secret as he presently is possessing 1.20 million shares – ( 0.44% of Fidelity National Financial Inc’s Market Cap ).
Out of 4 analysts covering Fidelity National Financial (NYSE:FNF), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $50 is the highest target while $39 is the lowest. The $42.20 average target is 28.38% above today’s ($32.87) stock price. Fidelity National Financial has been the topic of 8 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Monness Crespi & Hardt maintained the shares of FNF in a report on Monday, January 25 with “Buy” rating. The firm earned “Overweight” rating on Friday, February 12 by Barclays Capital. The rating was downgraded by Wood on Monday, July 18 to “Market Perform”. Piper Jaffray maintained FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) on Friday, September 25 with “Overweight” rating. The firm earned “Buy” rating on Friday, November 4 by Monness Crespi & Hardt.
About 349,826 shares traded hands. FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) has risen 1.32% since April 26, 2016 and is uptrending. It has underperformed by 3.94% the S&P500.
According to Zacks Investment Research, “Fidelity National Title Group, Inc. is a leading provider of title insurance, specialty insurance and claims management services. FNT is one of the nation’s largest title insurance companies through its title insurance underwriters. FNT also provides flood insurance, personal lines insurance and home warranty insurance through it specialty insurance business. FNT also is a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS.”
Analysts await FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) to report earnings on February, 8. They expect $0.62 earnings per share, up 12.73% or $0.07 from last year’s $0.55 per share. FNF’s profit will be $168.63 million for 13.25 P/E if the $0.62 EPS becomes a reality. After $0.69 actual earnings per share reported by FNF Group of Fidelity National Financial, Inc. for the previous quarter, Wall Street now forecasts -10.14% negative EPS growth.
Another recent and important FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) news was published by Marketwatch.com which published an article titled: “Fidelity National Financial downgraded to market perform from outperform at ..” on July 27, 2009.
Fidelity National Financial, Inc. (FNF), incorporated on May 24, 2005, is a holding company. The Firm is a well-known provider of title insurance, technology and transaction services to the real estate and mortgage industries. The Company’s divisions include Title, Black Knight, FNF Core Corporate and Other, Restaurant Group, and FNFV Corporate and Other. The Company’s business is organized into groups, including FNF Core Operations and FNF Ventures (FNFV). The Firm 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 more title insurance policies than any other title firm in the United States. The Company, through its subsidiary, ServiceLink Holdings, LLC (ServiceLink), provides mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. FNF 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. (Black Knight). The Company, through its FNFV group, owns investment stakes in a number of entities, including American Blue Ribbon Holdings, LLC (ABRH), Ceridian HCM, Inc. and Fleetcor Technologies, Inc. (collectively Ceridian) and Digital Insurance, Inc. (Digital Insurance).
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