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Established in 1983, National Financial Services LLC, a Fidelity Investments company, is one of the largest providers of brokerage services.
However, Chicago Title, Fidelity National Title and Commonwealth Land Title are all owned by one parent company, Fidelity National Title Group. Together, they represent 31% of the title insurance market, with more than $6 billion in business.
The Board of Fidelity National Financial, Inc. (NYSE:FNF) announced the spin-off of 15% stake in F&G Annuities & Life Inc. on March 14, 2022. As per the record date of November 22, 2022, FNF shares and will receive 68 F&G shares for every 1,000 FNF shares held.
What do analysts say about Fidelity National Financial? Fidelity National Financial's analyst rating consensus is a Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts.
Top 10 Owners of Fidelity National Financial Inc StockholderStakeShares ownedThe Vanguard Group, Inc.9.68%26,347,629BlackRock Fund Advisors7.51%20,443,499The WindAcre Partnership LLC5.76%15,684,500Brave Warrior Advisors LLC3.49%9,496,1726 more rows
Most people already use the term FIS when they talk about the company, to differentiate it from Jacksonville-based title insurance company Fidelity National Financial Inc. (which spun off FIS as a separate company) and Fidelity Investments (which is not related to either Jacksonville company).
Fidelity National Financial split the company into Fidelity National Financial and F&G Annuity & Life. The structure of the spinoff was the distribution of F&G Annuity & Life shares as a taxable dividend.
Fidelity began trading on the New York Stock Exchange under the symbol FNF.