Fidelity National Financial (FNF) Given Coverage Optimism Rating of 0.42

News articles about Fidelity National Financial (NYSE:FNF) have been trending positive recently, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fidelity National Financial earned a daily sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also gave media stories about the financial services provider an impact score of 93 out of 100, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have effected AlphaOne’s scoring:

Insider Buying and Selling by Quarter for Fidelity National Financial (NYSE:FNF)

Fidelity National Financial (NYSE:FNF) traded up 0.97% during mid-day trading on Friday, hitting $43.50. 1,158,521 shares of the stock traded hands. Fidelity National Financial has a 12 month low of $31.64 and a 12 month high of $43.99. The stock’s 50 day moving average is $41.84 and its 200-day moving average is $37.80. The company has a market cap of $11.84 billion, a price-to-earnings ratio of 18.65 and a beta of 0.93.

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, beating the Zacks’ consensus estimate of $0.37 by $0.05. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Fidelity National Financial had a net margin of 7.34% and a return on equity of 10.51%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 earnings per share. On average, equities research analysts anticipate that Fidelity National Financial will post $2.52 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Wednesday, June 14th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 42.92%.

FNF has been the topic of a number of research reports. Monness Crespi & Hardt raised their target price on shares of Fidelity National Financial from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, April 10th. Zacks Investment Research raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Monday, May 29th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $38.00 target price on shares of Fidelity National Financial in a research note on Wednesday, April 19th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Fidelity National Financial has a consensus rating of “Buy” and an average target price of $44.40.

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In other news, CFO Anthony Park sold 138,941 shares of the business’s stock in a transaction on 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 $9,423,398.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Michael Joseph Nolan sold 80,748 shares of the business’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $43.52, for a total transaction of $3,514,152.96. Following the completion of the sale, the president now owns 176,062 shares of the company’s stock, valued at $7,662,218.24. The disclosure for this sale can be found here. Insiders sold 264,074 shares of company stock valued at $10,963,053 over the last quarter. Corporate insiders own 5.00% of the company’s stock.

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.

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