BTIG Research upgraded the shares of AMBC in report on Thursday, March 2 to "Buy" rating. They now have a $26.00 price objective on the financial services provider's stock. The company now has an average rating of "Buy" and an average target price of $46.60. NGAM Advisors L.P. owned 0.08% of Fidelity National Financial worth $9,933,000 at the end of the most recent reporting period. Psagot Investment House Ltd bought 24,662 shares as the company's stock declined 3.49% while stock markets rallied. The company has a 50 day moving average of $18.70 and a 200 day moving average of $19.03.
Ambac Financial Group (NASDAQ:AMBC) last released its quarterly earnings results on Wednesday, August 9th. The company is expected to report EPS as high as $1.20 and as low as $0.63 per share. Fidelity National Financial had a return on equity of 10.41% and a net margin of 7.49%. The company had revenue of $126.20 million for the quarter, compared to analyst estimates of $136.46 million. During the same period in the prior year, the firm posted $0.74 EPS. Over the past 2 quarters, Ambac Financial Group, Inc.
Over the last 5 years, Ambac Financial Group, Inc. has averaged a 17.60% YoY EPS growth rate and a 6.50% revenue growth rate. If you are accessing this piece on another website, it was copied illegally and reposted in violation of USA and global trademark and copyright legislation. If you are reading this story on another publication, it was copied illegally and republished in violation of US and worldwide copyright laws. FNF Group also provides mortgage technology solutions, including MSP, a residential mortgage servicing technology platform in the United States, through its subsidiary, Black Knight Financial Services, Inc.
Accern also assigned news stories about the financial services provider an impact score of 48 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. The stock was acquired at an average price of $16.45 per share, for a total transaction of $123,375.00. Fidelity National Financial is trading at a lower price-to-earnings ratio than Stewart Information Services Corporation, indicating that it is now the more affordable of the two stocks. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $106,992 activity. Nine Chapters Capital Management LLC bought a new stake in shares of Ambac Financial Group during the first quarter valued at approximately $270,000. The stock decreased 1.55% or $0.31 during the last trading session, reaching $19.66. First Citizens Bank & Trust Co. now owns 13,894 shares of the financial services provider's stock worth $541,000 after buying an additional 55 shares in the last quarter. EJF Capital LLC increased its stake in Ambac Financial Group by 71.0% in the first quarter. Lincoln National Corp raised its position in Fidelity National Financial by 0.6% in the first quarter. Pacer Advisors Inc. now owns 5,772 shares of the financial services provider's stock worth $225,000 after buying an additional 174 shares in the last quarter. Old Mutual Global Investors UK Ltd. now owns 35,598 shares of the financial services provider's stock worth $617,000 after buying an additional 1,702 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its stake in shares of Fidelity National Financial by 4.7% in the first quarter. Moreover, Davis Capital Partners Llc has 7.25% invested in the company for 1.88 million shares. The total value of its holdings decreased 30.9%. MKM Partners analysts stated on 11/08/2015 that they maintained their Neutral rating. The Company operates through two segments: title insurance and ancillary services and corporate. The Company offers title insurance through its title insurance underwriters: Fidelity National Title Insurance Company, Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, Alamo Title Insurance and National Title Insurance of New York Inc., which collectively issue title insurance policies.