Intellus Advisors LLC Buys Shares of 137,066 Fidelity National Information Services, Inc. (NYSE:FIS)

Intellus Advisors LLC bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 137,066 shares of the information technology services provider's stock, valued at approximately $11,071,000. Fidelity National Information Services comprises 1.9% of Intellus Advisors LLC's holdings, making the stock its 20th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Larson Financial Group LLC raised its holdings in shares of Fidelity National Information Services by 94.1% in the third quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider's stock valued at $27,000 after purchasing an additional 159 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Fidelity National Information Services in the fourth quarter valued at about $30,000. Groupama Asset Managment boosted its position in Fidelity National Information Services by 0.8% during the third quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider's stock valued at $35,000 after purchasing an additional 319 shares during the last quarter. Morse Asset Management Inc bought a new stake in shares of Fidelity National Information Services during the 3rd quarter worth approximately $37,000. Finally, OFI Invest Asset Management bought a new position in shares of Fidelity National Information Services in the 4th quarter valued at about $40,000. 96.23% of the stock is owned by institutional investors.

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Fidelity National Information Services Stock Down 0.3 %

NYSE:FIS traded down $0.24 during trading hours on Tuesday, reaching $74.05. The company had a trading volume of 548,831 shares, compared to its average volume of 3,640,189. The business's 50-day simple moving average is $74.67 and its two-hundred day simple moving average is $81.33. Fidelity National Information Services, Inc. has a twelve month low of $66.51 and a twelve month high of $91.98. The firm has a market cap of $39.22 billion, a price-to-earnings ratio of 28.37, a P/E/G ratio of 1.23 and a beta of 1.10. The company has a quick ratio of 0.85, a current 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 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 company posted $0.94 EPS. On average, equities analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 2.16%. Fidelity National Information Services's dividend payout ratio is 61.30%.

Analysts Set New Price Targets

FIS has been the subject of a number of research reports. UBS Group cut their target price on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating for the company in a research note on Wednesday, February 12th. Wells Fargo & Company lowered their target price on shares of Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada cut their price target on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Compass Point dropped their price target on Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. Finally, Raymond James cut shares of Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and dropped their target price for the company from $115.00 to $101.00 in a research report on Monday, January 6th. 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 company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $88.65.

Insider Activity at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 701 shares of the firm's stock in a transaction on Wednesday, January 15th. The stock was purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the purchase, the director now owns 11,098 shares in the company, valued at approximately $887,507.06. This represents a 6.74 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.20% of the stock is owned by insiders.

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.