Ambac Financial Group Inc

Several other institutional investors also recently modified their holdings of FNF. More interesting news about Ambac Financial Group, Inc. BlackRock Inc. increased its stake in Fidelity National Financial by 4,066.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,467 shares of the financial services provider's stock valued at $155,000 after buying an additional 131 shares during the last quarter. Huntington National Bank raised its position in shares of Fidelity National Financial by 51.5% in the first quarter. Harris Associates L P now owns 13,306,977 shares of the financial services provider's stock worth $518,174,000 after buying an additional 181,700 shares during the last quarter. Creative Planning increased its stake in Fidelity National Financial by 8.6% in the first quarter. Principal Financial Group Inc. now owns 10,770,070 shares of the financial services provider's stock worth $419,387,000 after buying an additional 471,866 shares during the last quarter. AQR Capital Management LLC increased its position in Ambac Financial Group by 107.3% in the first quarter.

As of the end of the quarter Goldman Sachs Group Inc had disposed of 900 shares trimming its position 4.2%. The Company's segments include Title, Black Knight, FNF Core Corporate and Other, Restaurant Group, and FNFV Corporate and Other. The company's 50-day moving average price is $18.70 and its 200-day moving average price is $19.03. The company has market cap of $1.74 billion. Finally, Barclays PLC raised their price target on Fidelity National Financial from $48.00 to $49.00 and gave the company an "overweight" rating in a report on Monday, July 3rd. (NASDAQ:AMBC) news were published by: Seekingalpha.com which released: "Ambac Financial's (AMBC) CEO Claude LeBlanc on Q1 2017 Results - Earnings Call ..." on May 11, 2017, also Globenewswire.com with their article: "Ambac Names R. Sharon Smith Senior Managing Director, Chief of Staff" published on May 17, 2017, Globenewswire.com published: "Ambac Names Lisa A. Kampf as Managing Director, Investor Relations" on April 26, 2017. The financial services provider reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.03. The business's revenue for the quarter was up 36.9% on a year-over-year basis. Trading volume for Ambac Financial Group, Inc. was 443K in the last trading session.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.25 dividend. Citigroup maintained it with "Buy" rating and $127 target in Thursday, September 29 report. Fidelity National Financial's dividend payout ratio (DPR) is presently 43.67%. If you are viewing this article on another website, it was illegally copied and reposted in violation of USA & global copyright and trademark law. The correct version of this report can be accessed at https://www.thestockobserver.com/2017/08/13/piper-jaffray-companies-reaffirms-buy-rating-for-fidelity-national-financial-inc-nysefnf-updated-updated-updated.html.

AMBC has been the topic of a number of recent research reports. TheStreet upgraded shares of Fidelity National Financial from a "d+" rating to a "c-" rating in a report on Monday, May 1st. Of all companies tracked, Fidelity National Financial had the 16th highest net out-flow for the day.

On May 12 the company was set at "Neutral" in a report from MKM Partners a boost from the previous "Sell" rating. (NASDAQ:AMBC) on Thursday, March 2 to "Buy" rating.

In other Fidelity National Financial news, CFO Anthony Park sold 138,941 shares of the company's stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $44.77, for a total value of $2,636,773.92.

Goldentree Asset Management Lp, which manages about $22.00 billion and $804.33 million US Long portfolio, decreased its stake in Tribune Media Co by 309,062 shares to 706,405 shares, valued at $24.72M in 2016Q4, according to the filing. The company has an average rating of "Buy" and a consensus target price of $46.60.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.