Published: Sat, July 15, 2017
Business | By Max Garcia

Fidelity National Financial, Inc. (NYSE:FNFV) Rating Lowered to Buy at BidaskClub

Fidelity National Financial, Inc. (NYSE:FNFV) Rating Lowered to Buy at BidaskClub

They anticipate the FIS stock will hit $92.3 on a short term (12 month) basis. 224.96 million shares or 1.24% less from 227.79 million shares in 2016Q3 were reported. (NYSE:FIS) was up +0.89% during the last trading session, with a day high of 88.66. About 7,250 shares traded. Enstar Group Ltd. (ESGR) has risen 19.80% since July 14, 2016 and is uptrending. It has outperformed by 9.27% the S&P500. Wealthtrust Fairport Llc acquired 25,905 shares as Fidelity Natl Information Sv (FIS)'s stock rose 1.40%.

In related news, insider Gary Norcross sold 250,000 shares of Fidelity National Information Services stock in a transaction dated Tuesday, May 9th. Silver Capital Management Llc owns 30,242 shares or 4.6% of their USA portfolio. Fidelity National Information Services's dividend payout ratio is presently 58.88%. The stock decreased 0.03% or $0.03 on July 13, reaching $89.25. About 189,172 shares traded. OppenheimerFunds Inc. increased its position in shares of Fidelity National Information Services by 9.3% in the first quarter. It has underperformed by 2.12% the S&P500. Howe & Rusling Inc has invested 0% in NOW Inc (NYSE:DNOW). Its down 0.02, from 0.79 in 2016Q3. It dived, as 38 investors sold FIS shares while 190 reduced holdings. 42 funds opened positions while 85 raised stakes. The target implies a 3.42% spike from where the shares are now trading. Republic Services Inc now has $21.89B valuation. Geode Mgmt Ltd invested in 776,651 shares. 108,224 are held by Alphamark Advsr Lc. Allstate holds 0.2% or 44,843 shares. (NYSE:TXT). Vanguard Grp accumulated 23.73M shares. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $94.00 target price (up from $92.00) on shares of Fidelity National Information Services in a research report on Friday, June 16th. Mitsubishi Ufj Trust And Banking Corporation stated it has 593,220 shares. Its down 0.72% from 3.55 million shares previously. Great Lakes Advsr Llc holds 0.11% or 159,839 shares. Sg Americas Secs Ltd Liability Corp holds 0.05% or 75,972 shares in its portfolio. Raymond James & Associate reported 188,749 shares.

Since February 17, 2017, it had 0 insider buys, and 10 insider sales for $113.61 million activity. Another trade for 29,406 shares valued at $959,087 was made by ZAMAN ANEEL on Friday, May 19. Ellingsen Catharine D also sold $101,091 worth of Republic Services, Inc. Moreover, Cantillon Capital Management Llc has 6.7% invested in the company for 6.32 million shares. THOMPSON KATHLEEN T had sold 3,200 shares worth $263,080. Oates Michael P had sold 266,712 shares worth $22.08 million. SHOVEN JOHN B sold $1.70M worth of stock. (NYSE:FNF) for 2,371 shares. Monsanto Co New (Call) (NYSE:MON) was reduced too. (NYSE:SLB) to report earnings on July, 20. As per Wednesday, August 26, the company rating was upgraded by RBC Capital Markets. (FIS) now trades with a market capitalization of $29.22 Billion. (NYSE:FNF) on Friday, November 4 with "Buy" rating.

Fidelity National Financial (NYSE:FNFV) last posted its earnings results on Wednesday, May 3rd. Therefore 25% are positive. BidaskClub downgraded Fidelity National Financial from a "strong-buy" rating to a "buy" rating in a research note on Wednesday. Their average price target spell out an upbeat performance - a 4% and would give FIS a market capitalization of almost $30.71B. Deutsche Bank maintained the shares of ACM in report on Monday, August 22 with "Buy" rating. The stock has "Neutral" rating by Sterne Agee CRT on Thursday, December 17. On Friday, September 9 the stock rating was initiated by Wedbush with "Outperform". Fidelity National Information Services, Inc. has a 1-year low of $73.25 and a 1-year high of $89.77. On Wednesday, September 30 the stock rating was initiated by Cowen & Co with "Outperform". The stock of Fidelity National Information Servcs Inc (NYSE:FIS) has "Neutral" rating given on Friday, December 11 by Credit Suisse. During the same quarter in the previous year, the company earned $0.33 earnings per share. FNF's profit would be $188.22M giving it 16.31 P/E if the $0.70 EPS is correct. The financial services provider reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.05.

Investors sentiment increased to 1.14 in 2016 Q4.

Among 2 analysts covering Fidelity National Financial (NYSE:FNFV), 1 have Buy rating, 0 Sell and 1 Hold. Municipal Employees Retirement System of MI now owns 10,590 shares of the information technology services provider's stock worth $843,000 after buying an additional 130 shares during the period. Amica Retiree Medical accumulated 1,662 shares. Investec Asset Mngmt Limited holds 151,921 shares or 0.06% of its portfolio. Rockefeller Fincl Services has invested 0% in TransDigm Group Incorporated (NYSE:TDG). Amica Pension Fund Board Of Trustees reported 10,983 shares. Archford Cap Strategies Limited Liability Com, Illinois-based fund reported 12 shares. The New York-based Silvercrest Asset Management Group Incorporated Limited Liability Corp has invested 0.4% in FNF Group of Fidelity National Financial, Inc. Finally, WFG Advisors LP boosted its stake in Fidelity National Information Services by 37.2% in the fourth quarter.

Like this: