35,738 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Acquired by Achmea Investment Management B.V.

Achmea Investment Management B.V. acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,738 shares of the information technology services provider's stock, valued at approximately $2,887,000.

Several other hedge funds have also recently added to or reduced their stakes in FIS. Heck Capital Advisors LLC acquired a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $2,593,000. Raymond James Financial Inc. acquired a new position in shares of Fidelity National Information Services in the fourth quarter worth $451,458,000. Avanza Fonder AB purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at $3,227,000. Princeton Global Asset Management LLC acquired a new stake in shares of Fidelity National Information Services during the fourth quarter valued at $2,313,000. Finally, Csenge Advisory Group increased its position in Fidelity National Information Services by 44.4% during the 4th quarter. Csenge Advisory Group now owns 13,446 shares of the information technology services provider's stock worth $1,086,000 after purchasing an additional 4,134 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 1.5 %

NYSE:FIS traded up $1.09 on Wednesday, reaching $74.38. The stock had a trading volume of 4,592,016 shares, compared to its average volume of 3,377,291. Fidelity National Information Services, Inc. has a 12-month low of $66.51 and a 12-month high of $91.98. The stock has a market cap of $39.40 billion, a P/E ratio of 28.50, a price-to-earnings-growth ratio of 1.23 and a beta of 1.11. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62. The company has a 50-day moving average of $75.03 and a 200 day moving average of $81.57.

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Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same quarter in the prior year, the firm posted $0.94 EPS. On average, research analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services's dividend payout ratio (DPR) is currently 61.30%.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 701 shares of the stock in a transaction dated Wednesday, January 15th. The stock was acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the acquisition, the director now owns 11,098 shares of the company's stock, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods lowered their price target on shares of Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Compass Point dropped their target price on Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Susquehanna lowered shares of Fidelity National Information Services from a "positive" rating to a "neutral" rating and dropped their price target for the stock from $103.00 to $81.00 in a research report on Wednesday, February 12th. Morgan Stanley decreased their price target on shares of Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 12th. Finally, UBS Group dropped their price objective on Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating for the company in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $88.65.

About Fidelity National Information Services

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.