FNFV

Fidelity National Financial Inc.

Finance/Real Estate, Event Driven/Special Sit


Presented:09/11/2014
Price:$15.36
Cap:$1.41B
Current Price:$19.45
Cap:$1.52B

Presented

Date09/11/2014
Price$15.36
Market Cap$1.41B
Ent Value$0.00B
P/E Ratio4.93x
Book ValueN/A
Div YieldN/A
Shares O/S91.71M
Ave Daily Vol1,110,000
Short Int1.88%

Current

Price$19.45
Market Cap$1.52B
Fidelity National Financial Ventures operates as an investment arm of Fidelity National Financial, Inc. and is based in United States.

Publicly traded companies mentioned herein: Fidelity National Financial Inc (FNF), Fidelity National Financial Inc (FNFV), FleetCor Technologies Inc (FLT), Remy International Inc (REMY), Workday inc (WDAY)

Highlights

Fidelity National Financial Ventures (FNFV) was spun off from Fidelity National Financial (FNF) in July 2014 to hold all of FNF’s non-title insurance and mortgage assets/ holdings. The presenter identified up to six liquidity events for FNFV, some already announced and he believes to be likely, whereby parts of FNFV are either spun off, sold, IPOed, or otherwise engaged in transactions. He believes the stock to be undervalued when evaluated on a sum-of-the-parts basis, and outlined a $30 - $32 price target, a double from current levels of $15 - $16. 

Three of these events have been announced since FNFV’s spin-off from FNF two months ago.

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Idea Discussion

Commentor 1 - 2 weeks ago

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