Natixis Advisors LLC Has $50.10 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Natixis Advisors LLC trimmed its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 3.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 598,158 shares of the information technology services provider's stock after selling 22,766 shares during the period. Natixis Advisors LLC owned approximately 0.11% of Fidelity National Information Services worth $50,095,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FIS. Kennebec Savings Bank purchased a new stake in shares of Fidelity National Information Services in the third quarter valued at about $28,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Fidelity National Information Services during the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC acquired a new position in Fidelity National Information Services during the second quarter valued at approximately $35,000. Family Firm Inc. purchased a new stake in Fidelity National Information Services during the second quarter worth approximately $35,000. Finally, Concord Wealth Partners increased its position in shares of Fidelity National Information Services by 50.2% in the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider's stock worth $37,000 after acquiring an additional 146 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock traded down $0.64 on Friday, hitting $87.82. The company had a trading volume of 2,655,968 shares, compared to its average volume of 3,568,467. The business has a 50-day simple moving average of $86.67 and a 200-day simple moving average of $80.09. The company has a market cap of $47.28 billion, a PE ratio of 34.99, a PEG ratio of 0.74 and a beta of 1.06. Fidelity National Information Services, Inc. has a 52 week low of $53.76 and a 52 week high of $91.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The business had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.56 billion. During the same period in the previous year, the firm posted $0.94 EPS. The company's quarterly revenue was up 3.1% on a year-over-year basis. Research analysts expect that Fidelity National Information Services, Inc. will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.64%. The ex-dividend date is Monday, December 9th. Fidelity National Information Services's payout ratio is 57.37%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on FIS shares. Morgan Stanley upped their price target on shares of Fidelity National Information Services from $80.00 to $87.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 5th. Jefferies Financial Group increased their target price on Fidelity National Information Services from $80.00 to $90.00 and gave the company a "hold" rating in a research note on Wednesday, October 16th. Deutsche Bank Aktiengesellschaft boosted their price target on Fidelity National Information Services from $70.00 to $73.00 and gave the stock a "hold" rating in a research report on Wednesday, August 7th. Stephens lifted their price objective on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an "overweight" rating in a research note on Friday, October 18th. Finally, Royal Bank of Canada raised their target price on Fidelity National Information Services from $95.00 to $104.00 and gave the company an "outperform" rating in a research note on Tuesday, November 5th. Ten investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $89.68.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 626 shares of the company's stock in a transaction that occurred on Tuesday, October 15th. The shares were purchased at an average price 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 of the company's stock, valued at approximately $917,535.25. This represents a 6.41 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.20% of the company's stock.

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.