Qsemble Capital Management LP Makes New $1.27 Million Investment in Fidelity National Information Services, Inc. (NYSE:FIS)

Qsemble Capital Management LP purchased a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,209 shares of the information technology services provider's stock, valued at approximately $1,274,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its position in shares of Fidelity National Information Services by 1.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 812,874 shares of the information technology services provider's stock worth $60,300,000 after acquiring an additional 11,655 shares during the last quarter. Mount Yale Investment Advisors LLC acquired a new stake in shares of Fidelity National Information Services in the first quarter valued at approximately $437,000. Interval Partners LP bought a new stake in shares of Fidelity National Information Services during the first quarter valued at approximately $4,118,000. Dynasty Wealth Management LLC acquired a new position in shares of Fidelity National Information Services during the first quarter worth approximately $304,000. Finally, B. Riley Wealth Advisors Inc. grew its holdings in Fidelity National Information Services by 28.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,955 shares of the information technology services provider's stock worth $664,000 after buying an additional 2,007 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Analysts Set New Price Targets

FIS has been the subject of a number of analyst reports. TD Cowen boosted their price target on Fidelity National Information Services from $78.00 to $86.00 and gave the stock a "hold" rating in a research report on Tuesday, November 5th. Jefferies Financial Group upped their price objective on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the stock a "hold" rating in a report on Wednesday, October 16th. Compass Point started coverage on shares of Fidelity National Information Services in a research note on Wednesday, November 20th. They set a "buy" rating and a $126.00 target price on the stock. Robert W. Baird upped their price target on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 5th. Finally, Stephens raised 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. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $91.50.

Fidelity National Information Services Stock Up 0.6 %

Fidelity National Information Services stock traded up $0.50 during mid-day trading on Tuesday, hitting $84.91. The company's stock had a trading volume of 2,646,169 shares, compared to its average volume of 3,769,998. Fidelity National Information Services, Inc. has a 52-week low of $55.24 and a 52-week high of $91.98. The company has a market cap of $45.71 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 0.73 and a beta of 1.06. 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's 50 day moving average is $86.95 and its 200 day moving average is $80.84.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly 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 net margin of 14.37% and a return on equity of 15.35%. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.56 billion. During the same period in the prior year, the firm earned $0.94 earnings per share. The firm's revenue was up 3.1% compared to the same quarter last year. On average, analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Monday, December 9th. Fidelity National Information Services's dividend payout ratio is currently 57.37%.

Insider Transactions at Fidelity National Information Services

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