Csenge Advisory Group Has $1.09 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Csenge Advisory Group boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 44.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,446 shares of the information technology services provider's stock after buying an additional 4,134 shares during the quarter. Csenge Advisory Group's holdings in Fidelity National Information Services were worth $1,086,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC grew its holdings in shares of Fidelity National Information Services by 94.1% during the third quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider's stock valued at $27,000 after purchasing an additional 159 shares during the last quarter. Kennebec Savings Bank bought a new position in shares of Fidelity National Information Services during the third quarter valued at approximately $28,000. R Squared Ltd bought a new position in shares of Fidelity National Information Services during the fourth quarter valued at approximately $30,000. Concord Wealth Partners grew its holdings in shares of Fidelity National Information Services by 50.2% during the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider's stock valued at $37,000 after purchasing an additional 146 shares during the last quarter. Finally, Morse Asset Management Inc bought a new position in shares of Fidelity National Information Services during the third quarter valued at approximately $37,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS traded up $0.10 on Friday, reaching $69.95. 5,688,695 shares of the company traded hands, compared to its average volume of 3,528,244. Fidelity National Information Services, Inc. has a fifty-two week low of $62.63 and a fifty-two week high of $91.98. The company's 50 day moving average is $78.69 and its 200-day moving average is $82.54. The stock has a market capitalization of $37.05 billion, a PE ratio of 26.80, a P/E/G ratio of 1.23 and a beta of 1.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, beating analysts' consensus estimates 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 earnings per share. As a group, analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio is 55.17%.

Insider Activity

In other news, Director Jeffrey A. Goldstein bought 701 shares of the business's stock in a transaction on Wednesday, January 15th. The shares were bought at an average cost of $79.97 per share, with a total value of $56,058.97. Following the purchase, the director now directly owns 11,098 shares in the company, valued at $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on FIS shares. Wells Fargo & Company lowered their target price on Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating for the company in a report on Wednesday, February 12th. BNP Paribas lowered Fidelity National Information Services from a "neutral" rating to an "underperform" rating in a report on Wednesday, November 20th. TD Cowen upped their target price 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. Morgan Stanley reduced their price objective on Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 12th. Finally, Mizuho boosted their price objective on Fidelity National Information Services from $91.00 to $104.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $87.36.

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.