Atria Investments Inc Sells 7,065 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Atria Investments Inc lowered its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 9.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,732 shares of the information technology services provider's stock after selling 7,065 shares during the period. Atria Investments Inc's holdings in Fidelity National Information Services were worth $5,756,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FIS. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Fidelity National Information Services during the second quarter valued at approximately $30,000. EdgeRock Capital LLC acquired a new position in Fidelity National Information Services in the second quarter valued at approximately $35,000. Family Firm Inc. acquired a new stake in Fidelity National Information Services in the 2nd quarter valued at about $35,000. Concord Wealth Partners boosted its holdings in shares of Fidelity National Information Services by 50.2% in the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider's stock valued at $37,000 after acquiring an additional 146 shares during the period. Finally, Rothschild Investment LLC purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $45,000. Institutional investors own 96.23% of the company's stock.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 626 shares of the company's stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the completion of the acquisition, the director now owns 10,397 shares of the company's stock, valued at approximately $917,535.25. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.20% of the company's stock.

Fidelity National Information Services Trading Down 1.3 %

FIS stock traded down $1.11 during midday trading on Tuesday, hitting $87.61. The stock had a trading volume of 2,932,238 shares, compared to its average volume of 3,774,674. The company's 50-day moving average price is $86.19 and its 200 day moving average price is $79.63. Fidelity National Information Services, Inc. has a 12-month low of $52.14 and a 12-month high of $91.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.35. The firm has a market cap of $47.16 billion, a PE ratio of 35.35, a price-to-earnings-growth ratio of 0.74 and a beta of 1.06.

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

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given 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 1.64%. Fidelity National Information Services's dividend payout ratio (DPR) is presently 57.37%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Royal Bank of Canada upped their price target on Fidelity National Information Services from $95.00 to $104.00 and gave the stock an "outperform" rating in a report on Tuesday, November 5th. Barclays upped their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. TD Cowen increased their price objective on Fidelity National Information Services from $78.00 to $86.00 and gave the stock a "hold" rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. upped their price target on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Fidelity National Information Services from $70.00 to $73.00 and gave the company a "hold" rating in a research report on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, Fidelity National Information Services currently has an average rating of "Moderate Buy" and an average price target of $89.68.

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.