News articles about FNF Group of Fidelity National Financial (NYSE:FNF) have been trending somewhat positive this week, Alpha One reports. Alpha One, a service of Accern, identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FNF Group of Fidelity National Financial earned a media sentiment score of 0.23 on Alpha One’s scale. Alpha One also assigned news headlines about the financial services provider an impact score of 71 out of 100, indicating that recent news coverage is likely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Alpha One Sentiment’s scoring:
FNF Group of Fidelity National Financial (NYSE:FNF) traded up 1.36% during midday trading on Monday, reaching $42.42. 1,433,594 shares of the company traded hands. The stock has a market capitalization of $11.55 billion, a P/E ratio of 18.19 and a beta of 0.80. The company has a 50 day moving average of $40.44 and a 200-day moving average of $36.80. FNF Group of Fidelity National Financial has a 12-month low of $31.64 and a 12-month high of $42.49.
FNF Group of Fidelity National Financial (NYSE:FNF) last posted its earnings results on Wednesday, May 3rd. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.05. FNF Group of Fidelity National Financial had a return on equity of 10.61% and a net margin of 7.51%. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the company earned $0.33 EPS. FNF Group of Fidelity National Financial’s revenue was up 2.6% on a year-over-year basis. Equities analysts anticipate that FNF Group of Fidelity National Financial will post $2.52 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Wednesday, June 14th. FNF Group of Fidelity National Financial’s dividend payout ratio is currently 42.74%.
A number of brokerages recently weighed in on FNF. Zacks Investment Research lowered shares of FNF Group of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday, May 24th. Monness Crespi & Hardt lifted their target price on shares of FNF Group of Fidelity National Financial from $42.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, May 15th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.00 price target on shares of FNF Group of Fidelity National Financial in a research report on Wednesday, April 19th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. FNF Group of Fidelity National Financial presently has a consensus rating of “Buy” and a consensus target price of $44.20.
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In other FNF Group of Fidelity National Financial news, EVP Peter T. Sadowski sold 17,288 shares of the stock in a transaction dated Thursday, March 23rd. The stock was sold at an average price of $38.75, for a total value of $669,910.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Anthony Park sold 138,941 shares of the stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $41.28, for a total value of $5,735,484.48. Following the completion of the sale, the chief financial officer now directly owns 228,280 shares in the company, valued at approximately $9,423,398.40. The disclosure for this sale can be found here. Insiders sold a total of 183,326 shares of company stock worth $7,448,900 in the last ninety days. 5.00% of the stock is owned by corporate insiders.
About FNF Group of Fidelity National Financial
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.
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