Fidelity National Information Services, Inc. (NYSE:FIS) is Mizuho Markets Americas LLC's 9th Largest Position

Mizuho Markets Americas LLC trimmed its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 39.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,865,752 shares of the information technology services provider's stock after selling 1,201,195 shares during the period. Fidelity National Information Services makes up approximately 3.2% of Mizuho Markets Americas LLC's investment portfolio, making the stock its 9th largest holding. Mizuho Markets Americas LLC owned 0.34% of Fidelity National Information Services worth $156,257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of FIS. Kennebec Savings Bank bought a new position in shares of Fidelity National Information Services during the 3rd quarter worth approximately $28,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Fidelity National Information Services during the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC bought a new stake in shares of Fidelity National Information Services during the 2nd quarter worth approximately $35,000. Family Firm Inc. acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at approximately $35,000. Finally, Concord Wealth Partners grew its stake in shares of Fidelity National Information Services by 50.2% in the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider's stock valued at $37,000 after buying an additional 146 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 626 shares of the firm's stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average price of $88.25 per share, with a total value of $55,244.50. Following the acquisition, the director now owns 10,397 shares of the company's stock, valued at approximately $917,535.25. The trade was a 6.41 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.20% of the company's stock.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock traded down $0.64 on Friday, reaching $87.82. 2,655,968 shares of the company traded hands, compared to its average volume of 3,765,780. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market capitalization of $47.28 billion, a PE ratio of 34.99, a PEG ratio of 0.75 and a beta of 1.06. The company has a 50 day moving average of $86.67 and a 200 day moving average of $80.01. Fidelity National Information Services, Inc. has a 52 week low of $53.76 and a 52 week high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.11. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The business's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.94 earnings per share. Equities 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 firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.64%. Fidelity National Information Services's payout ratio is 57.37%.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of analyst reports. Morgan Stanley lifted their price objective on shares of Fidelity National Information Services from $80.00 to $87.00 and gave the company an "equal weight" rating in a research report on Tuesday, November 5th. Barclays raised their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, October 10th. Jefferies Financial Group boosted their target price on Fidelity National Information Services from $80.00 to $90.00 and gave the stock a "hold" rating in a report on Wednesday, October 16th. JPMorgan Chase & Co. raised their target price on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. Finally, Stephens upped their price target on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an "overweight" rating in a research note on Friday, October 18th. Ten investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, Fidelity National Information Services currently has an average rating of "Moderate Buy" and an average price target of $89.68.

Fidelity National Information Services 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.