First Hawaiian Bank Has $4.17 Million Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

First Hawaiian Bank lowered its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 15.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,643 shares of the information technology services provider's stock after selling 9,086 shares during the quarter. First Hawaiian Bank's holdings in Fidelity National Information Services were worth $4,171,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. increased its position in Fidelity National Information Services by 7.8% during the second quarter. Victory Capital Management Inc. now owns 191,768 shares of the information technology services provider's stock worth $14,452,000 after buying an additional 13,938 shares during the last quarter. Private Advisor Group LLC raised its holdings in Fidelity National Information Services by 3.7% in the 2nd quarter. Private Advisor Group LLC now owns 24,207 shares of the information technology services provider's stock worth $1,824,000 after acquiring an additional 859 shares during the period. Candriam S.C.A. lifted its position in shares of Fidelity National Information Services by 8.0% during the 2nd quarter. Candriam S.C.A. now owns 56,489 shares of the information technology services provider's stock worth $4,257,000 after purchasing an additional 4,204 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $73,000. Finally, Acadian Asset Management LLC grew its stake in shares of Fidelity National Information Services by 885.9% in the second quarter. Acadian Asset Management LLC now owns 20,565 shares of the information technology services provider's stock worth $1,548,000 after acquiring an additional 18,479 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Trading Up 0.2 %

FIS stock traded up $0.18 during trading on Wednesday, hitting $79.34. The company had a trading volume of 3,005,398 shares, compared to its average volume of 2,468,880. Fidelity National Information Services, Inc. has a 12 month low of $58.24 and a 12 month high of $91.98. The stock has a market cap of $42.71 billion, a price-to-earnings ratio of 31.61, a PEG ratio of 0.72 and a beta of 1.04. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. The firm has a 50-day moving average price of $84.46 and a 200-day moving average price of $82.13.

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 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 company's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.94 earnings per share. As a group, analysts predict that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were issued a dividend of $0.36 per share. The ex-dividend date was Monday, December 9th. This represents a $1.44 annualized dividend and a yield of 1.81%. Fidelity National Information Services's dividend payout ratio is presently 57.37%.

Insider Activity at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 626 shares of the firm's stock in a transaction that occurred on Tuesday, October 15th. The stock was acquired at an average cost of $88.25 per share, for a total transaction of $55,244.50. Following the completion of the acquisition, the director now owns 10,397 shares in the company, valued at $917,535.25. This represents a 6.41 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Lenore D. Williams sold 11,305 shares of the business's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the sale, the executive vice president now owns 32,199 shares in the company, valued at $2,832,546.03. The trade was a 25.99 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on FIS shares. Susquehanna increased their price target on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the company a "positive" rating in a report on Tuesday, November 5th. BNP Paribas lowered Fidelity National Information Services from a "neutral" rating to an "underperform" rating in a research note on Wednesday, November 20th. Bank of America raised their price objective on Fidelity National Information Services from $90.00 to $96.00 and gave the stock a "buy" rating in a research report on Tuesday, September 17th. Jefferies Financial Group boosted their price target on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the company a "hold" rating in a report on Wednesday, October 16th. Finally, Robert W. Baird upped their target price on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a "neutral" rating in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $92.19.

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.