Fidelity National Information Services, Inc. (NYSE:FIS) is Longview Partners Guernsey LTD's 9th Largest Position

Longview Partners Guernsey LTD decreased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,685,077 shares of the information technology services provider's stock after selling 327,802 shares during the quarter. Fidelity National Information Services accounts for approximately 4.6% of Longview Partners Guernsey LTD's portfolio, making the stock its 9th largest holding. Longview Partners Guernsey LTD owned 1.43% of Fidelity National Information Services worth $620,724,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. R Squared Ltd purchased a new position in Fidelity National Information Services in the fourth quarter valued at $30,000. Morse Asset Management Inc purchased a new position in shares of Fidelity National Information Services in the 3rd quarter valued at about $37,000. OFI Invest Asset Management acquired a new position in Fidelity National Information Services in the 4th quarter worth about $40,000. Grove Bank & Trust boosted its position in Fidelity National Information Services by 341.0% during the fourth quarter. Grove Bank & Trust now owns 516 shares of the information technology services provider's stock worth $42,000 after purchasing an additional 399 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in Fidelity National Information Services by 70.2% in the fourth quarter. Sound Income Strategies LLC now owns 606 shares of the information technology services provider's stock valued at $49,000 after purchasing an additional 250 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Price Performance

FIS stock opened at $68.50 on Thursday. Fidelity National Information Services, Inc. has a 52-week low of $66.51 and a 52-week high of $91.98. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. The stock has a market cap of $36.28 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06. The business has a fifty day moving average of $71.52 and a two-hundred day moving average of $79.85.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating 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 period last year, the company posted $0.94 EPS. As a group, research analysts anticipate 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 was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.34%. This is a boost from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio (DPR) is presently 61.30%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FIS. Barclays reduced 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, February 18th. Wells Fargo & Company decreased their price target on shares of Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. Susquehanna lowered Fidelity National Information Services from a "positive" rating to a "neutral" rating and cut their price objective for the stock from $103.00 to $81.00 in a research note on Wednesday, February 12th. Raymond James downgraded Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and decreased their target price for the company from $115.00 to $101.00 in a research report on Monday, January 6th. Finally, William Blair reiterated an "outperform" rating on shares of Fidelity National Information Services in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Fidelity National Information Services has a consensus rating of "Hold" and a consensus target price of $88.89.

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.

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