Fidelity National Information Services Sees Unusually High Options Volume (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Stock investors acquired 6,058 put options on the company. This represents an increase of approximately 92% compared to the average volume of 3,158 put options.

Fidelity National Information Services Stock Up 0.1 %

Shares of NYSE FIS traded up $0.07 during trading on Tuesday, hitting $79.11. The stock had a trading volume of 3,494,434 shares, compared to its average volume of 2,334,759. 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 fifty day moving average of $84.91 and a two-hundred day moving average of $82.13. Fidelity National Information Services has a 12 month low of $58.24 and a 12 month high of $91.98. The company has a market capitalization of $42.59 billion, a PE ratio of 31.52, a PEG ratio of 0.72 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.29 by $0.11. The firm had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.56 billion. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. The company's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.94 EPS. As a group, equities research analysts forecast that Fidelity National Information Services will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were paid a $0.36 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.82%. Fidelity National Information Services's dividend payout ratio (DPR) is presently 57.37%.

Insider Buying and Selling at Fidelity National Information Services

In related news, EVP Lenore D. Williams sold 11,305 shares of the firm's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the transaction, the executive vice president now directly owns 32,199 shares of the company's stock, valued at $2,832,546.03. This trade represents a 25.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey A. Goldstein purchased 626 shares of Fidelity National Information Services stock in a transaction on Tuesday, October 15th. The stock was bought at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the transaction, the director now directly owns 10,397 shares in the company, valued at approximately $917,535.25. The trade was a 6.41 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.20% of the company's stock.

Institutional Investors Weigh In On Fidelity National Information Services

Hedge funds have recently made changes to their positions in the business. Foundations Investment Advisors LLC grew its position in shares of Fidelity National Information Services by 7.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 3,388 shares of the information technology services provider's stock valued at $255,000 after acquiring an additional 243 shares during the period. TD Asset Management Inc lifted its position in shares of Fidelity National Information Services by 31.8% during the 2nd quarter. TD Asset Management Inc now owns 334,268 shares of the information technology services provider's stock valued at $25,190,000 after buying an additional 80,612 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Fidelity National Information Services by 7.8% during the 2nd quarter. Victory Capital Management Inc. now owns 191,768 shares of the information technology services provider's stock worth $14,452,000 after acquiring an additional 13,938 shares during the period. Private Advisor Group LLC increased 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 last quarter. Finally, Candriam S.C.A. raised its stake in Fidelity National Information Services by 8.0% in the 2nd quarter. Candriam S.C.A. now owns 56,489 shares of the information technology services provider's stock valued at $4,257,000 after acquiring an additional 4,204 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FIS has been the subject of a number of recent analyst reports. Raymond James lowered shares of Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and lowered their price target for the stock from $115.00 to $101.00 in a report on Monday. Robert W. Baird boosted 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 report on Tuesday, November 5th. Bank of America lifted 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. JPMorgan Chase & Co. raised their target price on 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, Oppenheimer initiated coverage on Fidelity National Information Services in a research note on Tuesday, October 1st. They issued a "market perform" rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, Fidelity National Information Services presently has an average rating of "Moderate Buy" and a consensus price target of $92.19.

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.