4,505 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Bought by Taika Capital LP

Taika Capital LP acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,505 shares of the information technology services provider's stock, valued at approximately $364,000.

Several other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC grew its holdings in Fidelity National Information Services by 94.1% during the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider's stock valued at $27,000 after buying an additional 159 shares in the last quarter. Kennebec Savings Bank purchased a new position in shares of Fidelity National Information Services in the third quarter valued at $28,000. R Squared Ltd purchased a new position in shares of Fidelity National Information Services in the fourth quarter valued at $30,000. Groupama Asset Managment increased its position in Fidelity National Information Services by 0.8% in the third quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider's stock worth $35,000 after purchasing an additional 319 shares during the last quarter. Finally, Morse Asset Management Inc bought a new position in Fidelity National Information Services during the third quarter valued at $37,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Down 3.0 %

Shares of FIS traded down $2.11 during trading hours on Tuesday, hitting $68.76. The company had a trading volume of 2,189,455 shares, compared to its average volume of 3,360,749. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $36.42 billion, a PE ratio of 26.36, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. Fidelity National Information Services, Inc. has a one year low of $66.72 and a one year high of $91.98. The company's fifty day moving average price is $76.17 and its two-hundred day moving average price is $82.01.

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Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results 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 net margin of 14.54% and a return on equity of 17.30%. During the same period in the prior year, the firm earned $0.94 earnings per share. As a group, equities analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be issued a $0.40 dividend. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 2.33%. The ex-dividend date is Tuesday, March 11th. Fidelity National Information Services's payout ratio is currently 61.30%.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 701 shares of the business's stock in a transaction dated Wednesday, January 15th. The shares were purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now directly owns 11,098 shares in the company, valued at $887,507.06. The trade was a 6.74 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

FIS has been the topic of a number of research reports. Keefe, Bruyette & Woods reduced their target price on shares of Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Raymond James cut Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and reduced their price objective for the stock from $115.00 to $101.00 in a research note on Monday, January 6th. Stephens cut their price objective on shares of Fidelity National Information Services from $100.00 to $90.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 12th. Wells Fargo & Company decreased their price target on Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 12th. Finally, Compass Point lowered their target price on shares of Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $88.65.

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.