Callan Family Office LLC Has $1.98 Million Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Callan Family Office LLC boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 666.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,507 shares of the information technology services provider's stock after acquiring an additional 21,310 shares during the period. Callan Family Office LLC's holdings in Fidelity National Information Services were worth $1,979,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in shares of Fidelity National Information Services by 8.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,408 shares of the information technology services provider's stock valued at $285,000 after purchasing an additional 254 shares during the period. Graypoint LLC lifted its stake in Fidelity National Information Services by 4.6% in the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider's stock valued at $253,000 after buying an additional 132 shares in the last quarter. Montecito Bank & Trust boosted its holdings in shares of Fidelity National Information Services by 27.7% in the third quarter. Montecito Bank & Trust now owns 3,485 shares of the information technology services provider's stock valued at $292,000 after buying an additional 755 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of Fidelity National Information Services during the third quarter worth $94,000. Finally, CWA Asset Management Group LLC acquired a new stake in shares of Fidelity National Information Services during the third quarter worth $362,000. 96.23% of the stock is owned by institutional investors and hedge funds.

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Fidelity National Information Services Stock Performance

Shares of FIS traded down $3.04 during mid-day trading on Tuesday, reaching $68.23. The company's stock had a trading volume of 4,395,248 shares, compared to its average volume of 3,368,926. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62. Fidelity National Information Services, Inc. has a 1-year low of $66.72 and a 1-year high of $91.98. The business has a 50-day simple moving average of $76.17 and a two-hundred day simple moving average of $82.01. The stock has a market cap of $36.14 billion, a P/E ratio of 26.14, a PEG ratio of 1.23 and a beta of 1.10.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results 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 return on equity of 17.30% and a net margin of 14.54%. During the same quarter in the prior year, the business posted $0.94 earnings per share. As a group, equities research 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 declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a $0.40 dividend. This is a boost from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services's dividend payout ratio is currently 61.30%.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein acquired 701 shares of the stock in a transaction on Wednesday, January 15th. The shares were purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the transaction, the director now directly owns 11,098 shares of the company's stock, valued at approximately $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

FIS has been the subject of a number of research reports. William Blair reiterated an "outperform" rating on shares of Fidelity National Information Services in a report on Tuesday, February 18th. Royal Bank of Canada decreased their price objective on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Wells Fargo & Company cut their target price on 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. Compass Point decreased their price target on shares of Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, Barclays lowered their price objective on shares of Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $88.65.

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.