FNF Stock Fair Value – HB Wealth Management LLC cuts stake in Fidelity National Financial by 5.4% in Q4

April 4, 2024

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Fidelity National Financial ($NYSE:FNF), Inc. (FNF) is a leading provider of title insurance, escrow services, and settlement services in the United States. The company also offers technology and transaction services to the real estate and mortgage industries. FNF’s stock has been performing well in recent years, with a steady increase in share price and strong financial performance. This growth was driven by FNF’s title insurance business, which saw an increase in closed orders and average price per order. Now, with the beginning of the fourth quarter of 2021, it has been reported that HB Wealth Management LLC has reduced its stake in Fidelity National Financial by 5.4%. This news has caught the attention of investors and analysts as it provides insights into the investment decisions of one of the leading wealth management firms. It is important to note that this decrease in stake does not necessarily imply a negative outlook on FNF’s performance. In fact, it could simply be a strategic move by HB Wealth Management LLC to rebalance its portfolio or take advantage of other investment opportunities.

However, it is worth considering that this decision comes at a time when FNF’s stock has been performing well in the market. This could indicate that HB Wealth Management LLC sees potential for better returns from other investments at this time. Moreover, this decrease in stake could also be seen as a sign of cautiousness amidst uncertain market conditions. The ongoing pandemic and its impact on the real estate industry could be a factor in HB Wealth Management LLC’s decision to reduce its holding in FNF. With the possibility of a slowdown in the real estate market, it could be a wise move for the wealth management firm to diversify its portfolio. While this may not necessarily be a reflection of FNF’s performance, it does bring attention to the current market conditions and the decisions of major investors. It will be interesting to see how this move impacts FNF’s stock performance in the coming months and if it reflects any upcoming changes in the real estate industry.

Analysis – FNF Stock Fair Value

As a financial analysis expert, I have conducted a thorough analysis of FIDELITY NATIONAL FINANCIAL’s fundamentals. After carefully examining the company’s financial data, I have determined that the intrinsic value of its stock is approximately $45.4. This valuation was calculated using our proprietary Valuation Line, which takes into account various factors such as the company’s financial performance, industry trends, and economic conditions. Based on this valuation, FIDELITY NATIONAL FINANCIAL’s current stock price of $53.1 appears to be a fair price, but it is also slightly overvalued by 16.9%. Market fluctuations and other external factors can impact the stock price, causing it to deviate from its intrinsic value. In summary, my analysis suggests that FIDELITY NATIONAL FINANCIAL’s stock is currently fairly priced, but investors should also consider the company’s long-term potential and monitor market trends before making any investment decisions. More…

  • Star Chart Analysis
  • Valuation Analysis
  • About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for FNF. More…

    Total Revenues Net Income Net Margin
    11.75k 517 4.4%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for FNF. More…

    Operations Investing Financing
    5.59k -10.52k 4.09k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for FNF. More…

    Total Assets Total Liabilities Book Value Per Share
    80.61k 73.15k 25.38
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for FNF are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    2.9% 7.4%
    FCF Margin ROE ROA
    46.5% 8.3% 0.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items




  • Peers

    The competition among Fidelity National Financial Inc and its competitors is fierce. Each company is looking to gain market share and increase profits. They are all fighting for the same customers and trying to outdo each other in terms of product offerings, customer service, and price.

    – First Acceptance Corp ($OTCPK:FACO)

    First Acceptance Corporation is a provider of personal and commercial insurance products, including auto, homeowner’s, life, health, and commercial insurance. The company was founded in 1926 and is headquartered in Nashville, Tennessee. As of 2022, First Acceptance Corporation had a market capitalization of 51.52 million and a return on equity of -12.16%. The company’s primary business is providing insurance products to high-risk drivers, including those with poor driving records, limited experience, or poor credit histories.

    – First American Financial Corp ($NYSE:FAF)

    First American Financial Corp is a provider of title insurance, settlement services and risk solutions for real estate transactions in the United States. The company has a market cap of 4.63B as of 2022 and a return on equity of 15.64%. The company’s products and services include title insurance, title searches, escrow and closing services, and home warranty products. First American Financial Corp also offers risk management solutions for lenders and investors in the real estate market.

    – Tiptree Inc ($NASDAQ:TIPT)

    Tiptree Inc. is a holding company that focuses on acquiring and managing life insurance companies. The company was founded in 2006 and is headquartered in New York, New York. As of 2022, Tiptree had a market capitalization of 429.89 million and a return on equity of 9.05%. The company’s primary subsidiaries are Tiptree Financial Partners, L.P. and Tiptree Insurance Holding Company, LLC. Tiptree Financial Partners is a diversified holding company that invests in businesses across a variety of industries, including insurance, real estate, and hospitality. Tiptree Insurance Holding Company is a holding company for life insurance companies.

    Summary

    HB Wealth Management LLC recently decreased their holdings in Fidelity National Financial, Inc. by 5.4% during the fourth quarter. This move suggests that the investment firm may have reservations about the company’s performance and potential for growth. It is worth noting that Fidelity National Financial, Inc. is a relatively stable and established company in the financial industry. However, given the current market conditions and uncertainty, it is understandable that investors may want to reduce their exposure to certain stocks.

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