Banco Bilbao Vizcaya Argentaria S.A. Has $20.19 Million Stake in Fidelity National Information Services, Inc. (NYSE:FIS)

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 42.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 250,049 shares of the information technology services provider's stock after purchasing an additional 74,150 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Fidelity National Information Services were worth $20,193,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Morse Asset Management Inc acquired a new position in Fidelity National Information Services in the third quarter valued at approximately $37,000. Anchor Investment Management LLC lifted its stake in shares of Fidelity National Information Services by 1,240.5% in the 3rd quarter. Anchor Investment Management LLC now owns 1,756 shares of the information technology services provider's stock valued at $147,000 after purchasing an additional 1,625 shares during the period. World Investment Advisors LLC boosted its position in shares of Fidelity National Information Services by 2,063.1% in the 3rd quarter. World Investment Advisors LLC now owns 70,971 shares of the information technology services provider's stock worth $5,944,000 after purchasing an additional 67,690 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Fidelity National Information Services during the third quarter worth $976,000. Finally, Synovus Financial Corp increased its holdings in Fidelity National Information Services by 68.1% in the third quarter. Synovus Financial Corp now owns 15,676 shares of the information technology services provider's stock valued at $1,313,000 after purchasing an additional 6,349 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Down 1.7 %

NYSE FIS traded down $1.32 during trading hours on Monday, hitting $77.94. 4,056,959 shares of the company traded hands, compared to its average volume of 3,540,667. 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 business's 50-day moving average is $72.27 and its 200-day moving average is $79.44. The stock has a market capitalization of $41.28 billion, a price-to-earnings ratio of 29.86, a P/E/G ratio of 1.23 and a beta of 1.06. Fidelity National Information Services, Inc. has a twelve month low of $66.51 and a twelve month high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share 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 in the previous year, the firm earned $0.94 earnings per share. Sell-side 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 company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were paid a $0.40 dividend. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend was Tuesday, March 11th. Fidelity National Information Services's dividend payout ratio (DPR) is 61.30%.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein purchased 844 shares of the stock in a transaction on Tuesday, April 15th. The shares were purchased at an average cost of $72.04 per share, with a total value of $60,801.76. Following the acquisition, the director now directly owns 11,942 shares in the company, valued at $860,301.68. The trade was a 7.60 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. UBS Group cut their price target on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. Wells Fargo & Company reduced 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 report on Wednesday, February 12th. Robert W. Baird raised their price objective on Fidelity National Information Services from $80.00 to $82.00 and gave the stock a "neutral" rating in a research note on Friday, April 4th. Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their price target on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $89.29.

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.