Skip to content
Y M L P-243
  • Business Equipments
  • Financial Service
  • Public Company
  • Business News
  • Stock Market
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap

Fidelity National Financial, Inc. (NYSE:FNF) Sees Large Decrease in Short Interest

  • Home
  • Fidelity National Financial, Inc. (NYSE:FNF) Sees Large Decrease in Short Interest
By: magenet Posted on April 3, 2022

Fidelity National Financial logoFidelity National Financial, Inc. (NYSE:FNF – Get Rating) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,900,000 shares, a decline of 53.3% from the February 28th total of 8,360,000 shares. Based on an average daily trading volume, of 2,170,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the shares of the company are sold short.

Related Posts:

  • Virtue Capital Management LLC Acquires 964 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Fidelity National Financial stock traded up $0.56 during trading hours on Tuesday, hitting $50.28. 1,342,044 shares of the stock were exchanged, compared to its average volume of 2,259,102. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.20 and a current ratio of 0.20. The stock has a market capitalization of $14.26 billion, a P/E ratio of 5.89 and a beta of 1.37. Fidelity National Financial has a 12 month low of $40.52 and a 12 month high of $56.44. The business’s 50-day moving average is $48.79 and its two-hundred day moving average is $49.41.

Fidelity National Financial (NYSE:FNF – Get Rating) last announced its earnings results on Wednesday, February 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.56. Fidelity National Financial had a net margin of 15.48% and a return on equity of 25.23%. The company had revenue of $4.80 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same period in the prior year, the business earned $2.01 earnings per share. Fidelity National Financial’s quarterly revenue was up 27.2% on a year-over-year basis. On average, equities analysts predict that Fidelity National Financial will post 6.08 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 31st. Stockholders of record on Thursday, March 17th will be given a dividend of $0.44 per share. The ex-dividend date is Wednesday, March 16th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.50%. Fidelity National Financial’s payout ratio is 20.85%.

In other Fidelity National Financial news, EVP Peter T. Sadowski sold 14,650 shares of Fidelity National Financial stock in a transaction that occurred on Wednesday, January 19th. The shares were sold at an average price of $53.94, for a total value of $790,221.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sandra Douglass Morgan sold 1,050 shares of Fidelity National Financial stock in a transaction that occurred on Tuesday, January 18th. The stock was sold at an average price of $55.33, for a total transaction of $58,096.50. The disclosure for this sale can be found here. Insiders own 5.20% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. CX Institutional lifted its holdings in Fidelity National Financial by 0.7% in the fourth quarter. CX Institutional now owns 29,213 shares of the financial services provider’s stock valued at $1,524,000 after buying an additional 194 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Fidelity National Financial by 2.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 12,169 shares of the financial services provider’s stock worth $635,000 after purchasing an additional 244 shares during the period. CI Investments Inc. raised its holdings in Fidelity National Financial by 1.3% in the third quarter. CI Investments Inc. now owns 22,678 shares of the financial services provider’s stock worth $1,028,000 after purchasing an additional 281 shares during the period. Advisory Services Network LLC raised its holdings in Fidelity National Financial by 1.5% in the third quarter. Advisory Services Network LLC now owns 19,542 shares of the financial services provider’s stock worth $886,000 after purchasing an additional 287 shares during the period. Finally, Huntington National Bank raised its holdings in Fidelity National Financial by 35.6% in the third quarter. Huntington National Bank now owns 1,151 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 302 shares during the period. Institutional investors own 79.81% of the company’s stock.

FNF has been the topic of several research analyst reports. Barclays boosted their price target on shares of Fidelity National Financial from $69.00 to $74.00 in a report on Friday, February 25th. BTIG Research began coverage on shares of Fidelity National Financial in a report on Wednesday, February 2nd. They set a “neutral” rating on the stock. Finally, Zacks Investment Research raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research note on Monday, February 28th.

Fidelity National Financial Company Profile (Get Rating)

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 insurance.

See Also

Want More Great Investing Ideas?

Receive News & Ratings for Fidelity National Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Fidelity National Financial and related companies with MarketBeat.com’s FREE daily email newsletter.

Categories: Financial Service Tags: Amazon Fba Business, Atlanta Business Chronicle'S, Boss Baby Back In Business, Business Administration Degree, Business Attire Women, Business Card Design, Business Cards Templates, Business Casual Dress, Business Casual Outfits, Business Checking Account, Business Credit Card, Business For Sale Near Me, Business Intelligence Platform, Business Lawyer Near Me, Business Loan Calculator, Business Name Ideas, Business Professional Women, Business Spectrum Login, California Business Entity Search, Capital One Spark Business, Carl Weber'S The Family Business, Charlotte Business Journal, Custom Business Cards, Decrease, Delaware Business Search, Fidelity, financial, Fl Sos Business Search, Florida Business Search, Harvard Business Publishing, Insurance For Small Business, Interest, Kelley School Of Business, Large, Maryland Business Express, Maryland Business Search, Moo Business Cards, national, National Business Furniture, New York Business Search, NYSEFNF, Ohio Business Gateway, Onedrive For Business, Online Business Ideas, Paramore Misery Business, Risky Business Cast, Sees, Short, Small Business Insurance, Spectrum Business Customer Service, Tom Cruise Risky Business, Us Small Business Administration, Verizon Wireless Business, Verizon Wireless Business Login, Virtual Business Address, What Is Business Administration, Women'S Business Casual, Yelp Business Login, Yelp For Business

Post navigation

Farm Bill 101: What You Need to Know About Its Reauthorization and Why It Matters to You | Insights
What Is GPS Tracking? How It Can Benefit Your Business

Recent Posts

  • Tesla Has an Elon Musk Problem
  • Federal judge blocks Biden administration from lifting Title 42 for now
  • Judge keeps Title 42 public health order in place, now as an immigration deterrent
  • Premier League permutations: Title race, Champions League, Europe and relegation state of play with one match to go
  • Illinois rejoins federal Title X family planning program

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • December 2016

Categories

  • Business Equipments
  • Business News
  • Financial Service
  • General
  • hosting
  • Public Company
  • Stock Market

Visit Now

Home Access

BL

LP

TL

Intellifluence Trusted Blogger
ymlp243.net © All Rights Reserved | Magpaper by Theme Palace
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT