Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 52.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,978 shares of the information technology services provider's stock after selling 23,125 shares during the period. Central Pacific Bank Trust Division's holdings in Fidelity National Information Services were worth $1,694,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Larson Financial Group LLC boosted its holdings in shares of Fidelity National Information Services by 94.1% in the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider's stock valued at $27,000 after buying an additional 159 shares in the last quarter. Kennebec Savings Bank purchased a new stake in Fidelity National Information Services in the third quarter valued at $28,000. University of Texas Texas AM Investment Management Co. acquired a new position in Fidelity National Information Services in the second quarter valued at $30,000. Concord Wealth Partners grew its holdings in shares of Fidelity National Information Services by 50.2% during the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider's stock worth $37,000 after purchasing an additional 146 shares during the last quarter. Finally, Morse Asset Management Inc acquired a new stake in shares of Fidelity National Information Services during the third quarter worth about $37,000. Hedge funds and other institutional investors own 96.23% of the company's stock.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 626 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was bought at an average price of $88.25 per share, with a total value of $55,244.50. Following the purchase, the director now directly owns 10,397 shares in the company, valued at $917,535.25. The trade was a 6.41 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lenore D. Williams sold 11,305 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the transaction, 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 position. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS traded up $0.17 during midday trading on Friday, hitting $80.26. 1,630,233 shares of the stock were exchanged, compared to its average volume of 1,645,216. The stock has a market cap of $43.21 billion, a P/E ratio of 31.98, a PEG ratio of 0.72 and a beta of 1.04. Fidelity National Information Services, Inc. has a twelve month low of $58.24 and a twelve month high of $91.98. The company has a 50 day moving average price of $85.34 and a 200-day moving average price of $82.01. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63.

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

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.79%. Fidelity National Information Services's dividend payout ratio (DPR) is currently 57.37%.

Analyst Ratings Changes

FIS has been the subject of a number of research analyst reports. Royal Bank of Canada upped their target price on Fidelity National Information Services from $95.00 to $104.00 and gave the company an "outperform" rating in a research report on Tuesday, November 5th. Keefe, Bruyette & Woods raised their target price on shares of Fidelity National Information Services from $97.00 to $102.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. Morgan Stanley lifted their target price on shares of Fidelity National Information Services from $87.00 to $92.00 and gave the company an "equal weight" rating in a report on Wednesday, December 18th. Oppenheimer started coverage on shares of Fidelity National Information Services in a research report on Tuesday, October 1st. They set a "market perform" rating on the stock. Finally, Susquehanna lifted their price objective on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the company a "positive" rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of "Moderate Buy" and an average target price of $91.75.

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.