Oppenheimer Asset Management Has Decreased Fidelity National Financial (FNF) Stake; Keane Group (FRAC) Shorts Decreased By 6.5%

November 14, 2017 - By Peter Erickson

Oppenheimer Asset Management Inc decreased Fidelity National Financial (FNF) stake by 17.32% reported in 2017Q2 SEC filing. Oppenheimer Asset Management Inc sold 12,445 shares as Fidelity National Financial (FNF)’s stock rose 9.40%. The Oppenheimer Asset Management Inc holds 59,425 shares with $2.66M value, down from 71,870 last quarter. Fidelity National Financial now has $10.60B valuation. The stock rose 2.01% or $0.78 reaching $39.52. About 299,890 shares traded. FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) has risen 25.97% since November 14, 2016 and is uptrending. It has outperformed by 9.27% the S&P500.

Keane Group Incorporated (NYSE:FRAC) had a decrease of 6.5% in short interest. FRAC’s SI was 8.36 million shares in November as released by FINRA. Its down 6.5% from 8.95M shares previously. With 649,700 avg volume, 13 days are for Keane Group Incorporated (NYSE:FRAC)’s short sellers to cover FRAC’s short positions. About 93,042 shares traded. Keane Group Inc (NYSE:FRAC) has 0.00% since November 14, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 16 analysts covering Keane Group (NYSE:FRAC), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Keane Group had 25 analyst reports since February 14, 2017 according to SRatingsIntel. Iberia Capital Partners initiated the stock with “Outperform” rating in Friday, June 23 report. Bank of America initiated it with “Neutral” rating and $23 target in Tuesday, February 14 report. The rating was maintained by Piper Jaffray with “Buy” on Thursday, August 3. The stock of Keane Group Inc (NYSE:FRAC) earned “Buy” rating by Bank of America on Friday, March 10. The firm has “Hold” rating given on Wednesday, August 30 by Citigroup. R. F. Lafferty initiated Keane Group Inc (NYSE:FRAC) rating on Wednesday, April 26. R. F. Lafferty has “Buy” rating and $22 target. Barclays Capital initiated Keane Group Inc (NYSE:FRAC) on Friday, October 6 with “Sell” rating. The firm earned “Overweight” rating on Tuesday, February 14 by Piper Jaffray. Jefferies initiated Keane Group Inc (NYSE:FRAC) on Thursday, October 5 with “Buy” rating. The stock of Keane Group Inc (NYSE:FRAC) has “Hold” rating given on Wednesday, November 8 by Barclays Capital.

Keane Group, Inc. is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The company has market cap of $1.67 billion. The Company’s divisions include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions. It currently has negative earnings. It provides hydraulic fracturing and wireline services pursuant to contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis.

Among 7 analysts covering Fidelity National Financial (NYSE:FNF), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Fidelity National Financial had 19 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, February 12 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Piper Jaffray on Thursday, July 20 with “Buy”. The company was maintained on Monday, October 16 by Piper Jaffray. The stock of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) earned “Hold” rating by Keefe Bruyette & Woods on Friday, October 27. As per Thursday, October 26, the company rating was maintained by Piper Jaffray. The company was maintained on Friday, September 25 by Piper Jaffray. The firm earned “Hold” rating on Friday, September 8 by Keefe Bruyette & Woods. The company was maintained on Monday, January 25 by Monness Crespi & Hardt. Piper Jaffray maintained the shares of FNF in report on Tuesday, September 12 with “Buy” rating. The company was downgraded on Monday, July 18 by Wood.

Analysts await FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) to report earnings on February, 7. They expect $0.60 earnings per share, down 15.49% or $0.11 from last year’s $0.71 per share. FNF’s profit will be $160.93M for 16.47 P/E if the $0.60 EPS becomes a reality. After $0.71 actual earnings per share reported by FNF Group of Fidelity National Financial, Inc. for the previous quarter, Wall Street now forecasts -15.49% negative EPS growth.

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