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Fidelity National Financial Inc (FNF) Is Now En Route to Higher Prices

Fidelity National Financial Inc (NYSE: FNF) is 19.46% higher on its value in year-to-date trading and has touched a low of $37.10 and a high of $61.71 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FNF stock was last observed hovering at around $60.86 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $60.95, the stock is 2.84% and 7.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.81 million and changing 0.15% at the moment leaves the stock 17.99% off its SMA200. FNF registered 44.40% gain for a year compared to 6-month gain of 16.54%.

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The stock witnessed a 6.18% loss in the last 1 month and extending the period to 3 months gives it a 22.93%, and is 0.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.81% over the week and 1.70% over the month.

Fidelity National Financial Inc (FNF) has around 22293 employees, a market worth around $16.67B and $12.71B in sales. Current P/E ratio is 18.19 and Fwd P/E is 10.50. Profit margin for the company is 7.17%. Distance from 52-week low is 64.31% and -1.22% from its 52-week high. The company has generated returns on investments over the last 12 months (7.95%).

The EPS is expected to grow by 30.46% this year.

Fidelity National Financial Inc (FNF) Top Institutional Holders

889.0 institutions hold shares in Fidelity National Financial Inc (FNF), with institutional investors hold 87.46% of the company’s shares. The shares outstanding are 273.25M, and float is at 257.38M with Short Float at 0.98%. Institutions hold 82.93% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 39.06 million shares valued at $1.93 billion. The investor’s holdings represent 14.4123% of the FNF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 26.9 million shares valued at $1.33 billion to account for 9.9262 of the shares outstanding. The other top investors are WINDACRE PARTNERSHIP LLC which holds 16.43 million shares representing 6.0625% and valued at over $811.94 million, while STATE STREET CORP holds 3.451 of the shares totaling 9.35 million with a market value of $462.19 million.

Fidelity National Financial Inc (FNF) Insider Activity

The most recent transaction is an insider sale by Dhanidina Halim, the company’s Director. SEC filings show that Dhanidina Halim sold 1,700 shares of the company’s common stock on Sep 18 ’24 at a price of $60.85 per share for a total of $0.1 million. Following the sale, the insider now owns 13206.0 shares.

Still, SEC filings show that on Aug 19 ’24, SADOWSKI PETER T (EVP, Chief Legal Officer) disposed off 20,000 shares at an average price of $57.34 for $1.15 million. The insider now directly holds 74,898 shares of Fidelity National Financial Inc (FNF).

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