22,482 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Bought by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR bought a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 22,482 shares of the information technology services provider's stock, valued at approximately $1,816,000.

Other large investors also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter valued at approximately $2,593,000. Raymond James Financial Inc. purchased a new position in Fidelity National Information Services during the 4th quarter valued at $451,458,000. Avanza Fonder AB bought a new position in Fidelity National Information Services in the 4th quarter worth $3,227,000. Princeton Global Asset Management LLC purchased a new stake in shares of Fidelity National Information Services in the 4th quarter worth about $2,313,000. Finally, Csenge Advisory Group boosted its stake in shares of Fidelity National Information Services by 44.4% during the 4th quarter. Csenge Advisory Group now owns 13,446 shares of the information technology services provider's stock valued at $1,086,000 after purchasing an additional 4,134 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 701 shares of Fidelity National Information Services stock in a transaction on Wednesday, January 15th. The stock was acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, 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 position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company's stock.

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Fidelity National Information Services Trading Down 0.1 %

Shares of Fidelity National Information Services stock traded down $0.04 on Tuesday, hitting $74.25. 2,919,309 shares of the company traded hands, compared to its average volume of 3,378,359. Fidelity National Information Services, Inc. has a 52 week low of $66.51 and a 52 week high of $91.98. The company has a market cap of $39.33 billion, a PE ratio of 28.45, a PEG ratio of 1.23 and a beta of 1.10. The stock's 50 day moving average price is $74.67 and its 200-day moving average price is $81.33. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 quarter in the prior year, the business posted $0.94 EPS. Equities research analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.15%. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio is currently 61.30%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Barclays dropped their target price on shares of Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, February 18th. Compass Point dropped their price target on Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Raymond James cut Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and lowered their price objective for the company from $115.00 to $101.00 in a research note on Monday, January 6th. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company dropped their price target on shares of Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $88.65.

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.