Annex Advisory Services LLC Sells 5,036 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Annex Advisory Services LLC trimmed its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 15.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,123 shares of the information technology services provider's stock after selling 5,036 shares during the period. Annex Advisory Services LLC's holdings in Fidelity National Information Services were worth $2,191,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Grove Bank & Trust lifted its stake in Fidelity National Information Services by 341.0% in the 4th quarter. Grove Bank & Trust now owns 516 shares of the information technology services provider's stock worth $42,000 after acquiring an additional 399 shares in the last quarter. Aaron Wealth Advisors LLC increased its holdings in shares of Fidelity National Information Services by 23.4% in the 4th quarter. Aaron Wealth Advisors LLC now owns 3,291 shares of the information technology services provider's stock valued at $266,000 after purchasing an additional 625 shares during the period. Bowman & Co S.C. lifted its position in Fidelity National Information Services by 16.0% in the 4th quarter. Bowman & Co S.C. now owns 16,356 shares of the information technology services provider's stock worth $1,322,000 after buying an additional 2,256 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of Fidelity National Information Services by 7.4% during the 4th quarter. HB Wealth Management LLC now owns 61,692 shares of the information technology services provider's stock valued at $4,982,000 after buying an additional 4,246 shares during the period. Finally, Trust Co. of Vermont increased its stake in shares of Fidelity National Information Services by 2.3% in the fourth quarter. Trust Co. of Vermont now owns 10,354 shares of the information technology services provider's stock worth $836,000 after acquiring an additional 232 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein purchased 701 shares of the stock in a transaction on Wednesday, January 15th. The stock was purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the acquisition, the director now 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the sale, the executive vice president now directly owns 32,199 shares in the company, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.20% of the company's stock.

Fidelity National Information Services Stock Performance

NYSE:FIS traded down $0.01 during mid-day trading on Monday, hitting $78.70. 3,149,968 shares of the stock were exchanged, compared to its average volume of 2,263,666. The firm's 50-day simple moving average is $83.12 and its 200 day simple moving average is $82.34. The stock has a market capitalization of $42.37 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 0.59 and a beta of 1.04. Fidelity National Information Services, Inc. has a fifty-two week low of $58.24 and a fifty-two week high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.11. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The company's revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.94 EPS. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date was Monday, December 9th. Fidelity National Information Services's payout ratio is 57.37%.

Wall Street Analysts Forecast Growth

FIS has been the subject of a number of research reports. Robert W. Baird lifted their price objective on Fidelity National Information Services from $92.00 to $94.00 and gave the company a "neutral" rating in a research report on Tuesday, November 5th. Royal Bank of Canada increased their price objective on Fidelity National Information Services from $95.00 to $104.00 and gave the stock an "outperform" rating in a report on Tuesday, November 5th. UBS Group lifted their price objective on Fidelity National Information Services from $80.00 to $94.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 5th. Oppenheimer assumed coverage on Fidelity National Information Services in a report on Tuesday, October 1st. They set a "market perform" rating for the company. Finally, Barclays raised their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an "overweight" rating in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $92.00.

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.