Crossmark Global Holdings Inc. Buys 12,228 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Crossmark Global Holdings Inc. raised its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 31.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,376 shares of the information technology services provider's stock after acquiring an additional 12,228 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Fidelity National Information Services were worth $4,302,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Linden Thomas Advisory Services LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $1,253,000. CENTRAL TRUST Co increased its position in shares of Fidelity National Information Services by 757.9% in the third quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider's stock worth $991,000 after purchasing an additional 10,452 shares during the period. SG Americas Securities LLC lifted its position in Fidelity National Information Services by 572.2% during the second quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider's stock worth $16,775,000 after purchasing an additional 189,484 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Fidelity National Information Services by 1.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 812,874 shares of the information technology services provider's stock worth $60,300,000 after acquiring an additional 11,655 shares in the last quarter. Finally, Mizuho Markets Americas LLC increased its stake in shares of Fidelity National Information Services by 115.9% in the 1st quarter. Mizuho Markets Americas LLC now owns 3,748,200 shares of the information technology services provider's stock valued at $278,041,000 after purchasing an additional 2,011,848 shares during the last quarter. Institutional investors own 96.23% of the company's stock.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein purchased 626 shares of the business's stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the purchase, the director now directly owns 10,397 shares of the company's stock, valued at approximately $917,535.25. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Susquehanna lifted their price target on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the company a "positive" rating in a report on Tuesday, November 5th. Royal Bank of Canada upped their price target on shares of Fidelity National Information Services from $95.00 to $104.00 and gave the stock an "outperform" rating in a report on Tuesday, November 5th. UBS Group boosted their price objective on Fidelity National Information Services from $80.00 to $94.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 5th. Oppenheimer initiated coverage on Fidelity National Information Services in a report on Tuesday, October 1st. They set a "market perform" rating on the stock. Finally, Jefferies Financial Group lifted their target price on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the stock a "hold" rating in a research report on Wednesday, October 16th. 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, the company has an average rating of "Moderate Buy" and an average target price of $89.68.

Fidelity National Information Services Trading Down 1.1 %

FIS traded down $1.00 during trading on Tuesday, hitting $87.72. 585,905 shares of the stock traded hands, compared to its average volume of 3,763,974. 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 capitalization of $47.22 billion, a P/E ratio of 35.35, a price-to-earnings-growth ratio of 0.74 and a beta of 1.06. Fidelity National Information Services, Inc. has a 12-month low of $52.14 and a 12-month high of $91.98. The firm has a 50-day moving average of $86.19 and a 200 day moving average of $79.63.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS 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 company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.56 billion. During the same quarter last year, the firm posted $0.94 earnings per share. The firm's revenue was up 3.1% on a year-over-year basis. Equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently declared 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 is presently 57.37%.

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.