7,050 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,050 shares of the information technology services provider's stock, valued at approximately $590,000.

Several other large investors have also recently bought and sold shares of FIS. Boston Partners boosted its holdings in shares of Fidelity National Information Services by 642.7% in the 1st quarter. Boston Partners now owns 4,470,605 shares of the information technology services provider's stock valued at $331,047,000 after buying an additional 3,868,683 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Fidelity National Information Services by 982.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,895,432 shares of the information technology services provider's stock valued at $293,560,000 after acquiring an additional 3,535,596 shares during the period. Raymond James & Associates increased its stake in shares of Fidelity National Information Services by 449.8% during the 3rd quarter. Raymond James & Associates now owns 4,103,793 shares of the information technology services provider's stock worth $343,693,000 after purchasing an additional 3,357,329 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in Fidelity National Information Services in the 2nd quarter valued at about $83,562,000. Finally, Zurich Insurance Group Ltd FI bought a new position in Fidelity National Information Services during the second quarter worth about $40,029,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Trading Down 2.6 %

Shares of NYSE:FIS traded down $2.34 during trading on Tuesday, reaching $86.08. The stock had a trading volume of 3,054,839 shares, compared to its average volume of 3,758,096. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $46.34 billion, a price-to-earnings ratio of 35.23, a P/E/G ratio of 0.74 and a beta of 1.06. The firm's fifty day moving average is $86.79 and its 200 day moving average is $80.32. Fidelity National Information Services, Inc. has a 52 week low of $53.79 and a 52 week high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same period in the previous year, the company posted $0.94 earnings per share. The firm's revenue for the quarter was up 3.1% on a year-over-year basis. As a group, equities analysts forecast that Fidelity National Information Services, Inc. will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.67%. Fidelity National Information Services's dividend payout ratio is currently 57.37%.

Analyst Ratings Changes

A number of research firms have commented on FIS. JPMorgan Chase & Co. lifted their price objective on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Mizuho upped their price target on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the company an "outperform" rating in a research note on Tuesday, November 5th. Robert W. Baird raised their price objective on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 5th. Keefe, Bruyette & Woods upped their target price on Fidelity National Information Services from $97.00 to $102.00 and gave the company an "outperform" rating in a research report on Tuesday, November 5th. Finally, Morgan Stanley lifted their price target on Fidelity National Information Services from $80.00 to $87.00 and gave the stock an "equal weight" rating in a report on Tuesday, November 5th. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $89.68.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, EVP Lenore D. Williams sold 11,305 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the transaction, the executive vice president now owns 32,199 shares in the company, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey A. Goldstein acquired 626 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of $88.25 per share, with a total value of $55,244.50. Following the acquisition, the director now owns 10,397 shares of the company's stock, valued at approximately $917,535.25. This represents a 6.41 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.20% of the company's stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.