Investors Buy Large Volume of Fidelity National Information Services Call Options (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) saw some unusual options trading on Friday. Investors bought 11,390 call options on the company. This represents an increase of 155% compared to the typical volume of 4,470 call options.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services stock in a transaction dated Wednesday, January 15th. The shares were acquired at an average price of $79.97 per share, with a total value 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. This trade represents a 6.74 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.20% of the stock is currently owned by company insiders.

Institutional Trading of Fidelity National Information Services

Institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its position in shares of Fidelity National Information Services by 24.0% during the 4th quarter. Wellington Management Group LLP now owns 21,587 shares of the information technology services provider's stock valued at $1,744,000 after acquiring an additional 4,180 shares during the period. 111 Capital purchased a new stake in Fidelity National Information Services during the fourth quarter worth $1,077,000. Wealth Enhancement Advisory Services LLC grew its holdings in Fidelity National Information Services by 10.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,864 shares of the information technology services provider's stock valued at $8,954,000 after purchasing an additional 10,418 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of Fidelity National Information Services in the fourth quarter valued at $14,896,000. Finally, Aegis Wealth Management LLC purchased a new stake in shares of Fidelity National Information Services in the 4th quarter worth about $382,000. Hedge funds and other institutional investors own 96.23% of the company's stock.

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Analyst Ratings Changes

FIS has been the subject of several recent research reports. Barclays decreased their price target on shares of Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Susquehanna lowered Fidelity National Information Services from a "positive" rating to a "neutral" rating and dropped their target price for the company from $103.00 to $81.00 in a report on Wednesday, February 12th. William Blair reissued an "outperform" rating on shares of Fidelity National Information Services in a research report on Tuesday, February 18th. Morgan Stanley lowered their price target on Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating for the company in a report on Wednesday, February 12th. Finally, UBS Group cut their price objective on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating on the stock in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $88.65.

Fidelity National Information Services Stock Performance

NYSE FIS traded up $0.58 during trading hours on Monday, hitting $73.93. 816,130 shares of the stock were exchanged, compared to its average volume of 3,665,906. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. The company has a market cap of $39.16 billion, a price-to-earnings ratio of 28.31, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. Fidelity National Information Services has a 12-month low of $66.51 and a 12-month high of $91.98. The stock has a 50-day moving average of $74.76 and a 200 day moving average of $81.39.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 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 period in the previous year, the company posted $0.94 earnings per share. As a group, equities research analysts forecast that Fidelity National Information Services will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio (DPR) is currently 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.