Thompson Siegel & Walmsley LLC Sells 461,246 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Thompson Siegel & Walmsley LLC decreased its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 99.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,553 shares of the information technology services provider's stock after selling 461,246 shares during the period. Thompson Siegel & Walmsley LLC's holdings in Fidelity National Information Services were worth $206,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FIS. Larson Financial Group LLC raised its holdings in Fidelity National Information Services by 94.1% in the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider's stock valued at $27,000 after acquiring an additional 159 shares in the last quarter. R Squared Ltd acquired a new position in Fidelity National Information Services in the 4th quarter valued at approximately $30,000. Groupama Asset Managment grew its stake in shares of Fidelity National Information Services by 0.8% in the 3rd quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider's stock valued at $35,000 after purchasing an additional 319 shares during the period. Morse Asset Management Inc bought a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at approximately $37,000. Finally, OFI Invest Asset Management bought a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $40,000. Institutional investors and hedge funds own 96.23% of the company's stock.

Remove Ads

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FIS. Barclays lowered their price objective on Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Compass Point lowered their price objective on Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating on the stock in a research note on Wednesday, February 12th. Stephens lowered their price objective on Fidelity National Information Services from $100.00 to $90.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Morgan Stanley lowered their price objective on Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. Finally, Royal Bank of Canada decreased their price target on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $88.65.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 701 shares of the company's stock in a transaction that occurred on Wednesday, January 15th. The shares were acquired at an average price of $79.97 per share, with a total value of $56,058.97. Following the purchase, 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 position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by company insiders.

Fidelity National Information Services Trading Up 1.5 %

Shares of FIS stock traded up $1.09 during trading hours on Wednesday, reaching $74.38. The company had a trading volume of 4,613,236 shares, compared to its average volume of 3,377,291. The company has a 50 day moving average of $75.03 and a 200 day moving average of $81.57. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market cap of $39.40 billion, a price-to-earnings ratio of 28.50, a P/E/G ratio of 1.23 and a beta of 1.11. Fidelity National Information Services, Inc. has a 1-year low of $66.51 and a 1-year high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share for the quarter, beating 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 company posted $0.94 EPS. On average, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed 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 represents a $1.60 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio (DPR) is presently 61.30%.

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.