Faro Technologies (FARO) Stock Rose While Tikvah Management Cut Its Position by $1.79 Million; As Fidelity National Financial (FNF) Valuation Rose, Shareholder Lionstone Capital Management Lowered Its Position by $4.83 Million

April 18, 2018 - By Adrian Erickson

Fidelity National Financial, Inc. (NYSE:FNF) Logo

Leon Lowenstein decreased its stake in Fidelity National Financial (FNF) by 25.17% based on its latest 2017Q4 regulatory filing with the SEC. Lionstone Capital Management Llc sold 123,900 shares as the company’s stock rose 4.07% while stock markets declined. The hedge fund run by Leon Lowenstein held 368,300 shares of the finance company at the end of 2017Q4, valued at $14.45 million, down from 492,200 at the end of the previous reported quarter. Lionstone Capital Management Llc who had been investing in Fidelity National Financial for a number of months, seems to be less bullish one the $10.74 billion market cap company. The stock increased 1.40% or $0.54 during the last trading session, reaching $39.14. About 890,498 shares traded. Fidelity National Financial, Inc. (NYSE:FNF) has risen 46.00% since April 18, 2017 and is uptrending. It has outperformed by 34.45% the S&P500.

Tikvah Management Llc decreased its stake in Faro Technologies Inc (FARO) by 10.81% based on its latest 2017Q4 regulatory filing with the SEC. Tikvah Management Llc sold 38,000 shares as the company’s stock rose 22.91% while stock markets declined. The institutional investor held 313,480 shares of the capital goods company at the end of 2017Q4, valued at $14.73M, down from 351,480 at the end of the previous reported quarter. Tikvah Management Llc who had been investing in Faro Technologies Inc for a number of months, seems to be less bullish one the $1.08 billion market cap company. The stock decreased 0.63% or $0.4 during the last trading session, reaching $63.6. About 133,815 shares traded or 43.80% up from the average. FARO Technologies, Inc. (NASDAQ:FARO) has risen 70.69% since April 18, 2017 and is uptrending. It has outperformed by 59.14% the S&P500.

Lionstone Capital Management Llc, which manages about $414.04 million and $211.90M US Long portfolio, upped its stake in Advance Auto Parts Inc (NYSE:AAP) by 31,100 shares to 185,100 shares, valued at $18.45 million in 2017Q4, according to the filing.

Analysts await Fidelity National Financial, Inc. (NYSE:FNF) to report earnings on May, 2 after the close. They expect $0.41 EPS, down 2.38% or $0.01 from last year’s $0.42 per share. FNF’s profit will be $112.54 million for 23.87 P/E if the $0.41 EPS becomes a reality. After $0.60 actual EPS reported by Fidelity National Financial, Inc. for the previous quarter, Wall Street now forecasts -31.67% negative EPS growth.

Among 8 analysts covering Fidelity National Financial (NYSE:FNF), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Fidelity National Financial had 26 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Fidelity National Financial, Inc. (NYSE:FNF) has “Overweight” rating given on Friday, October 27 by Barclays Capital. The firm earned “Buy” rating on Monday, January 8 by Stephens. The firm earned “Buy” rating on Monday, December 18 by Piper Jaffray. Monness Crespi & Hardt maintained the stock with “Buy” rating in Monday, January 25 report. Piper Jaffray maintained Fidelity National Financial, Inc. (NYSE:FNF) rating on Friday, September 25. Piper Jaffray has “Overweight” rating and $45 target. The firm earned “Hold” rating on Friday, October 27 by Keefe Bruyette & Woods. The stock of Fidelity National Financial, Inc. (NYSE:FNF) earned “Buy” rating by Piper Jaffray on Wednesday, January 31. The firm earned “Buy” rating on Thursday, July 20 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, September 8.

Investors sentiment increased to 1.44 in Q4 2017. Its up 0.23, from 1.21 in 2017Q3. It improved, as 40 investors sold FNF shares while 87 reduced holdings. 53 funds opened positions while 130 raised stakes. 219.60 million shares or 1.84% more from 215.64 million shares in 2017Q3 were reported. Mai Capital reported 65,239 shares. 40,405 are held by Nomura Asset Mgmt Limited. Levin Capital Strategies Ltd Partnership reported 12,715 shares stake. Utah Retirement Sys reported 48,624 shares. Synovus owns 15,073 shares. Cibc Asset invested 0% of its portfolio in Fidelity National Financial, Inc. (NYSE:FNF). Schwab Charles Investment holds 0.02% or 594,190 shares. Fund Sa holds 0% or 23,100 shares in its portfolio. Verition Fund Mgmt Limited Liability Co reported 23,443 shares stake. Moreover, Menta Lc has 0.06% invested in Fidelity National Financial, Inc. (NYSE:FNF) for 7,600 shares. 49,514 were reported by Cipher Cap L P. Washington Tru Company owns 5,602 shares for 0.01% of their portfolio. Hanson Mcclain Inc accumulated 4,002 shares. Shell Asset Management has invested 0.02% in Fidelity National Financial, Inc. (NYSE:FNF). Daiwa Secs Grp owns 7,488 shares for 0% of their portfolio.

Since March 8, 2018, it had 0 insider buys, and 3 selling transactions for $1.47 million activity. 11,700 shares were sold by RAAB SIMON, worth $701,232 on Thursday, March 15. $130,800 worth of FARO Technologies, Inc. (NASDAQ:FARO) was sold by Brubaker Lynn.

Tikvah Management Llc, which manages about $248.54 million US Long portfolio, upped its stake in Capella Education Company (NASDAQ:CPLA) by 23,100 shares to 62,516 shares, valued at $4.84M in 2017Q4, according to the filing.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.20, from 0.98 in 2017Q3. It improved, as 5 investors sold FARO shares while 45 reduced holdings. 28 funds opened positions while 31 raised stakes. 15.14 million shares or 6.26% less from 16.15 million shares in 2017Q3 were reported. Moreover, Alliancebernstein Lp has 0% invested in FARO Technologies, Inc. (NASDAQ:FARO). Principal Fin Grp Inc has invested 0.01% in FARO Technologies, Inc. (NASDAQ:FARO). Assetmark invested in 13 shares. Jacobs Levy Equity Management invested in 19,340 shares. National Bank & Trust Of America De reported 14,784 shares stake. Panagora Asset Inc accumulated 37,651 shares or 0.01% of the stock. 16,800 were accumulated by Strs Ohio. Invesco Limited accumulated 91,378 shares. Switzerland-based Swiss Bancorporation has invested 0% in FARO Technologies, Inc. (NASDAQ:FARO). Louisiana State Employees Retirement reported 0.02% in FARO Technologies, Inc. (NASDAQ:FARO). Blackrock Inc reported 2.17 million shares. 143,795 are owned by Castleark Mngmt Lc. Morgan Stanley owns 65,361 shares. Franklin holds 0% of its portfolio in FARO Technologies, Inc. (NASDAQ:FARO) for 199,868 shares. Pdts Partners holds 18,434 shares or 0.03% of its portfolio.

Analysts await FARO Technologies, Inc. (NASDAQ:FARO) to report earnings on May, 8. They expect $0.09 earnings per share, up 200.00% or $0.18 from last year’s $-0.09 per share. FARO’s profit will be $1.53M for 176.67 P/E if the $0.09 EPS becomes a reality. After $0.50 actual earnings per share reported by FARO Technologies, Inc. for the previous quarter, Wall Street now forecasts -82.00% negative EPS growth.

FARO Technologies, Inc. (NASDAQ:FARO) Institutional Positions Chart

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