Asset Management One Co. Ltd. Has $19.11 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Asset Management One Co. Ltd. trimmed its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 234,139 shares of the information technology services provider's stock after selling 4,327 shares during the period. Asset Management One Co. Ltd.'s holdings in Fidelity National Information Services were worth $19,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in shares of Fidelity National Information Services by 6.9% during the 3rd quarter. Creative Planning now owns 69,023 shares of the information technology services provider's stock worth $5,781,000 after acquiring an additional 4,452 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Fidelity National Information Services by 0.8% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 60,218 shares of the information technology services provider's stock worth $5,043,000 after buying an additional 449 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of Fidelity National Information Services by 12.8% during the third quarter. V Square Quantitative Management LLC now owns 10,506 shares of the information technology services provider's stock worth $880,000 after buying an additional 1,193 shares in the last quarter. Claro Advisors LLC bought a new stake in shares of Fidelity National Information Services in the third quarter valued at about $1,407,000. Finally, Aaron Wealth Advisors LLC acquired a new position in shares of Fidelity National Information Services in the third quarter valued at about $223,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Trading Down 0.3 %

Shares of FIS stock traded down $0.23 on Wednesday, hitting $69.44. The company had a trading volume of 4,026,685 shares, compared to its average volume of 3,452,287. Fidelity National Information Services, Inc. has a twelve month low of $62.17 and a twelve month high of $91.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $36.78 billion, a P/E ratio of 26.60, a P/E/G ratio of 1.22 and a beta of 1.04. The stock's 50-day moving average is $79.59 and its two-hundred day moving average is $82.74.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results 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 net margin of 14.54% and a return on equity of 17.30%. During the same quarter last year, the business posted $0.94 earnings per share. On average, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.73 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.30%. This is a boost from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio is 55.17%.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein purchased 701 shares of the firm's stock in a transaction on Wednesday, January 15th. The stock was purchased at an average cost of $79.97 per share, with a total value of $56,058.97. Following the completion of the purchase, the director now owns 11,098 shares in the company, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. BNP Paribas cut shares of Fidelity National Information Services from a "neutral" rating to an "underperform" rating in a report on Wednesday, November 20th. TD Cowen lifted their price objective on Fidelity National Information Services from $78.00 to $86.00 and gave the company a "hold" rating in a report on Tuesday, November 5th. Raymond James cut Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and decreased their price target for the stock from $115.00 to $101.00 in a research report on Monday, January 6th. Barclays cut their price objective on shares of Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating for the company in a research report on Tuesday. Finally, Stephens decreased their target price on shares of Fidelity National Information Services from $100.00 to $90.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of "Hold" and a consensus target price of $87.36.

Fidelity National Information Services 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.