CenterBook Partners LP Grows Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

CenterBook Partners LP lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 14.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,857 shares of the information technology services provider's stock after acquiring an additional 6,044 shares during the quarter. CenterBook Partners LP's holdings in Fidelity National Information Services were worth $3,946,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FIS. Norges Bank acquired a new position in shares of Fidelity National Information Services during the 4th quarter worth $635,202,000. Raymond James Financial Inc. acquired a new position in Fidelity National Information Services during the fourth quarter worth $451,458,000. Arrowstreet Capital Limited Partnership grew its holdings in Fidelity National Information Services by 100.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,231,856 shares of the information technology services provider's stock valued at $261,037,000 after purchasing an additional 1,616,146 shares during the last quarter. KBC Group NV raised its stake in shares of Fidelity National Information Services by 1,390.5% during the 4th quarter. KBC Group NV now owns 1,180,258 shares of the information technology services provider's stock worth $95,330,000 after buying an additional 1,101,072 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Fidelity National Information Services by 9.1% during the 4th quarter. Invesco Ltd. now owns 7,573,133 shares of the information technology services provider's stock valued at $611,682,000 after acquiring an additional 632,328 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein acquired 701 shares of the firm's 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 completion of the transaction, the director now owns 11,098 shares of the company's stock, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have commented on FIS shares. Robert W. Baird lifted their target price on shares of 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. William Blair reissued an "outperform" rating on shares of Fidelity National Information Services in a research note on Tuesday, February 18th. Barclays reduced their price target on Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 18th. UBS Group decreased their price objective on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating for the company in a research report on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods cut their price target on Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Fidelity National Information Services presently has an average rating of "Hold" and an average price target of $88.89.

Fidelity National Information Services Trading Down 0.9 %

Fidelity National Information Services stock traded down $0.61 during trading hours on Tuesday, hitting $70.75. The stock had a trading volume of 1,109,443 shares, compared to its average volume of 3,465,124. The stock has a market cap of $37.48 billion, a price-to-earnings ratio of 27.11, a P/E/G ratio of 1.23 and a beta of 1.06. Fidelity National Information Services, Inc. has a one year low of $66.51 and a one year high of $91.98. The business's 50 day simple moving average is $72.07 and its 200-day simple moving average is $80.00. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 quarter in the previous year, the firm posted $0.94 EPS. On average, equities analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently declared 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 annualized dividend and a yield of 2.26%. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio is presently 61.30%.

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.