Fidelity National Information Services, Inc. (NYSE:FIS) Shares Acquired by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 44.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,024 shares of the information technology services provider's stock after purchasing an additional 15,647 shares during the quarter. Mizuho Securities USA LLC's holdings in Fidelity National Information Services were worth $4,121,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research firms recently commented on FIS. UBS Group reduced their price target on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating for the company in a research report on Wednesday, February 12th. Susquehanna cut shares of Fidelity National Information Services from a "positive" rating to a "neutral" rating and reduced their target price for the company from $103.00 to $81.00 in a report on Wednesday, February 12th. Stephens lowered their price target on Fidelity National Information Services from $100.00 to $90.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. William Blair reaffirmed an "outperform" rating on shares of Fidelity National Information Services in a research report on Tuesday, February 18th. Finally, Royal Bank of Canada lowered their target price on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" 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 given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $88.65.

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Fidelity National Information Services Trading Down 0.3 %

Shares of FIS traded down $0.19 during mid-day trading on Tuesday, hitting $74.10. The company had a trading volume of 1,043,350 shares, compared to its average volume of 3,648,219. 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 stock has a market cap of $39.25 billion, a PE ratio of 28.39, a P/E/G ratio of 1.23 and a beta of 1.10. Fidelity National Information Services, Inc. has a 1-year low of $66.51 and a 1-year high of $91.98. The business's 50-day simple moving average is $74.67 and its 200-day simple moving average is $81.33.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 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 period in the prior year, the business posted $0.94 EPS. Sell-side analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

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

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 701 shares of the firm's stock in a transaction dated Wednesday, January 15th. The stock was 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 represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

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.