Fidelity National Information Services, Inc. (NYSE:FIS) Holdings Lifted by Swedbank AB

Swedbank AB raised its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,785 shares of the information technology services provider's stock after purchasing an additional 5,016 shares during the period. Swedbank AB owned about 0.07% of Fidelity National Information Services worth $29,544,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Fifth Third Wealth Advisors LLC raised its stake in shares of Fidelity National Information Services by 2.2% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider's stock valued at $480,000 after purchasing an additional 129 shares in the last quarter. Graypoint LLC increased its holdings in Fidelity National Information Services by 4.6% in the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider's stock valued at $253,000 after buying an additional 132 shares during the last quarter. Atomi Financial Group Inc. raised its stake in Fidelity National Information Services by 3.4% during the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider's stock valued at $349,000 after buying an additional 135 shares in the last quarter. Old Port Advisors grew its position in shares of Fidelity National Information Services by 4.9% in the 4th quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider's stock worth $232,000 after acquiring an additional 135 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its position in shares of Fidelity National Information Services by 3.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider's stock worth $308,000 after acquiring an additional 137 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $82.03 on Friday. The stock has a market cap of $44.16 billion, a price-to-earnings ratio of 32.68, a PEG ratio of 0.62 and a beta of 1.04. 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, Inc. has a 12 month low of $60.39 and a 12 month high of $91.98. The stock's 50 day moving average price is $81.75 and its 200 day moving average price is $82.54.

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

Fidelity National Information Services Increases Dividend

The firm 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. This represents a $1.60 annualized dividend and a dividend yield of 1.95%. This is a boost from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's payout ratio is currently 57.37%.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of research reports. Wells Fargo & Company assumed coverage on shares of Fidelity National Information Services in a report on Tuesday, January 14th. They issued an "equal weight" rating and a $88.00 price objective for the company. Mizuho raised their price target on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. Raymond James lowered shares of Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and dropped their price objective for the stock from $115.00 to $101.00 in a research note on Monday, January 6th. Jefferies Financial Group lifted 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. Finally, Robert W. Baird increased their price target on Fidelity National Information Services from $92.00 to $94.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $92.00.

Insider Buying and Selling

In other Fidelity National Information Services news, EVP Lenore D. Williams sold 11,305 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the sale, the executive vice president now owns 32,199 shares in the company, valued at approximately $2,832,546.03. The trade was a 25.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey A. Goldstein bought 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, with a total value of $56,058.97. Following the completion of the acquisition, the director now owns 11,098 shares of the company's stock, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.20% of the company's stock.

Fidelity National Information Services 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.