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Founded Year

2007

Stage

Acquired | Acquired

Total Raised

$24.85M

About Covestor

Covestor offers a real-trade sharing service for self-investors, designed to share real investment decisions, gain recognition and earn fees by helping others.

Headquarters Location

1370 Broadway

New York, New York, 10018,

United States

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Expert Collections containing Covestor

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Covestor is included in 3 Expert Collections, including Wealth Tech.

W

Wealth Tech

2,051 items

Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

C

Capital Markets Tech

948 items

Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.

F

Fintech

8,086 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Latest Covestor News

Fidelity National Financial (FNF) Set to Announce Earnings on Tuesday

Nov 6, 2022

Fidelity National Financial (FNF) Set to Announce Earnings on Tuesday Fidelity National Financial ( NYSE:FNF – Get Rating ) is set to release its earnings data after the market closes on Tuesday, November 8th. Analysts expect Fidelity National Financial to post earnings of $1.54 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link . Fidelity National Financial Stock Up 2.8 % Shares of NYSE:FNF opened at $39.50 on Friday. The stock’s 50-day moving average price is $38.69 and its two-hundred day moving average price is $39.13. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46. Fidelity National Financial has a 12-month low of $34.51 and a 12-month high of $56.44. The firm has a market cap of $10.91 billion, a price-to-earnings ratio of 5.48 and a beta of 1.32. Get Fidelity National Financial alerts: Fidelity National Financial Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 16th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 4.56%. This is a positive change from Fidelity National Financial’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, December 15th. Fidelity National Financial’s dividend payout ratio (DPR) is presently 24.41%. Insider Activity at Fidelity National Financial In related news, Director Thomas M. Hagerty sold 13,663 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $40.01, for a total transaction of $546,656.63. Following the sale, the director now directly owns 325,540 shares in the company, valued at approximately $13,024,855.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link . In related news, Director Thomas M. Hagerty sold 13,663 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $40.01, for a total transaction of $546,656.63. Following the sale, the director now directly owns 325,540 shares in the company, valued at approximately $13,024,855.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link . Also, EVP Peter T. Sadowski sold 22,500 shares of Fidelity National Financial stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $40.85, for a total value of $919,125.00. Following the sale, the executive vice president now owns 105,898 shares in the company, valued at $4,325,933.30. The disclosure for this sale can be found here . In the last ninety days, insiders have sold 49,552 shares of company stock worth $2,012,455. 5.10% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Fidelity National Financial Hedge funds and other institutional investors have recently bought and sold shares of the business. Salem Investment Counselors Inc. bought a new stake in shares of Fidelity National Financial in the 2nd quarter valued at approximately $26,000. Brown Brothers Harriman & Co. bought a new stake in shares of Fidelity National Financial in the 1st quarter valued at approximately $54,000. Worth Asset Management LLC bought a new stake in shares of Fidelity National Financial in the 1st quarter valued at approximately $56,000. Covestor Ltd increased its holdings in shares of Fidelity National Financial by 49.9% in the 1st quarter. Covestor Ltd now owns 2,218 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 738 shares during the last quarter. Finally, Toroso Investments LLC bought a new stake in shares of Fidelity National Financial in the 1st quarter valued at approximately $205,000. 78.12% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes A number of analysts have issued reports on FNF shares. Stephens decreased their price target on Fidelity National Financial from $52.00 to $49.00 and set an “overweight” rating on the stock in a research note on Monday, September 26th. Barclays reduced their price objective on Fidelity National Financial from $68.00 to $51.00 and set an “overweight” rating on the stock in a research note on Monday, October 17th. StockNews.com assumed coverage on Fidelity National Financial in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Truist Financial reduced their price objective on Fidelity National Financial from $63.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, October 17th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.20. About Fidelity National Financial

Covestor Frequently Asked Questions (FAQ)

  • When was Covestor founded?

    Covestor was founded in 2007.

  • Where is Covestor's headquarters?

    Covestor's headquarters is located at 1370 Broadway, New York.

  • What is Covestor's latest funding round?

    Covestor's latest funding round is Acquired.

  • How much did Covestor raise?

    Covestor raised a total of $24.85M.

  • Who are the investors of Covestor?

    Investors of Covestor include Interactive Brokers, Union Square Ventures, Spark Capital, Amadeus Capital Partners, Bay Partners and 6 more.

  • Who are Covestor's competitors?

    Competitors of Covestor include Betterment and 3 more.

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CB Insights puts confidence and clarity into your most strategic decisions.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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Compare Covestor to Competitors

Betterment Logo
Betterment

Betterment operates a financial advisory company. The platform offers digital investment solutions such as cryptocurrency investing, automated investing, financial planning, retirement planning, cash management services, and more. The company was founded in 2008 and is based in New York, New York.

SigFig Logo
SigFig

SigFig operates as a financial technology company. It offers wealth management, retail banking, retirement planning, tax planning services, and more. The company was founded in 2006 and is based in San Francisco, California.

Human Interest Logo
Human Interest

Human Interest offers retirement benefits to small and medium businesses enabling safer financial futures for their employees. Its built-in investment education and automatic portfolio rebalancing help employees save in simple steps. It also offers personalized investment advice. The company was formerly known as Captain401. It was founded in 2015 and is based in San Francisco, California.

BCP Global Logo
BCP Global

BCP Global provides digital solutions for financial institutions in Latin America. It has developed a digital platform to help its client base of family offices, broker-dealers, mid-scale financial institutions and independent financial advisors manage funds and assets.

Wealthsimple Logo
Wealthsimple

Wealthsimple is a technology-driven investment manager that combines a robo-advisor platform with access to live advisors. The company was founded in 2014 and is based in Toronto, Ontario.

F
ForUsAll

ForUsAll offers a platform enabling employers to provide a modern 401(k) plan to employees with access to cryptocurrency, financial wellness benefits, and low fees. The platform provides features such as direct investment into a range of cryptocurrency tokens, automated plan administration, auto-reconciling payroll integration, tracking and enrolling of eligible employees, and actionable financial insights. The company was founded in 2012 and is based in San Francisco, California.

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