Thompson Siegel & Walmsley LLC Lowers Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Thompson Siegel & Walmsley LLC reduced its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 6.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 463,799 shares of the information technology services provider's stock after selling 32,999 shares during the period. Thompson Siegel & Walmsley LLC owned 0.09% of Fidelity National Information Services worth $38,843,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Cadence Bank grew its stake in shares of Fidelity National Information Services by 1.9% in the first quarter. Cadence Bank now owns 7,145 shares of the information technology services provider's stock worth $530,000 after acquiring an additional 132 shares during the last quarter. Graypoint LLC increased its holdings in Fidelity National Information Services by 4.6% in the 3rd quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider's stock worth $253,000 after buying an additional 132 shares in the last quarter. Atomi Financial Group Inc. raised its position in Fidelity National Information Services by 3.4% in the 3rd quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider's stock worth $349,000 after buying an additional 135 shares during the last quarter. Aptus Capital Advisors LLC lifted its stake in Fidelity National Information Services by 3.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider's stock valued at $308,000 after acquiring an additional 137 shares during the period. Finally, Concord Wealth Partners grew its stake 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 during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Jeffrey A. Goldstein acquired 626 shares of the firm's stock in a transaction on Tuesday, October 15th. The stock was acquired at an average price 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 trade represents a 6.41 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of the company's stock in a transaction that occurred on Friday, November 15th. The shares were 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 in the company, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company's stock.

Fidelity National Information Services Price Performance

NYSE FIS traded down $0.16 on Thursday, reaching $85.75. The company had a trading volume of 3,180,473 shares, compared to its average volume of 3,763,496. The firm's 50 day moving average price is $86.89 and its 200 day moving average price is $80.46. Fidelity National Information Services, Inc. has a 12 month low of $53.93 and a 12 month high of $91.98. The stock has a market capitalization of $46.16 billion, a PE ratio of 34.22, a price-to-earnings-growth ratio of 0.73 and a beta of 1.06. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63.

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

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Monday, December 9th. Fidelity National Information Services's payout ratio is 57.37%.

Wall Street Analyst Weigh In

FIS has been the topic of several research reports. Keefe, Bruyette & Woods raised their target price on shares of Fidelity National Information Services from $97.00 to $102.00 and gave the stock an "outperform" rating in a report on Tuesday, November 5th. Jefferies Financial Group raised their price target on Fidelity National Information Services from $80.00 to $90.00 and gave the stock a "hold" rating in a research note on Wednesday, October 16th. JPMorgan Chase & Co. upped their price objective on Fidelity National Information Services from $89.00 to $99.00 and gave the company an "overweight" rating in a research report on Tuesday, November 5th. Royal Bank of Canada increased their price objective on shares of Fidelity National Information Services from $95.00 to $104.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th. Finally, Stephens raised their target price on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an "overweight" rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $91.50.

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.