Fidelity National Information Services, Inc. (NYSE:FIS) Holdings Reduced by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd reduced its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 29.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,487 shares of the information technology services provider's stock after selling 18,311 shares during the quarter. UniSuper Management Pty Ltd's holdings in Fidelity National Information Services were worth $3,593,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Heck Capital Advisors LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth $2,593,000. Raymond James Financial Inc. purchased a new position in Fidelity National Information Services in the fourth quarter valued at about $451,458,000. Avanza Fonder AB acquired a new stake in shares of Fidelity National Information Services during the 4th quarter valued at approximately $3,227,000. Princeton Global Asset Management LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth approximately $2,313,000. Finally, Csenge Advisory Group grew its holdings in shares of Fidelity National Information Services by 44.4% in the 4th quarter. Csenge Advisory Group now owns 13,446 shares of the information technology services provider's stock worth $1,086,000 after acquiring an additional 4,134 shares during the period. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 701 shares of the firm's stock in a transaction dated Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the transaction, the director now owns 11,098 shares in the company, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.20% of the stock is currently owned by corporate insiders.

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Fidelity National Information Services Stock Up 1.1 %

NYSE FIS traded up $0.81 on Wednesday, reaching $75.38. The company had a trading volume of 610,379 shares, compared to its average volume of 3,401,945. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. Fidelity National Information Services, Inc. has a 1 year low of $66.51 and a 1 year high of $91.98. The firm has a 50-day moving average of $74.18 and a 200-day moving average of $80.96. The firm has a market capitalization of $39.93 billion, a PE ratio of 28.88, a P/E/G ratio of 1.23 and a beta of 1.10.

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 earnings per share for the quarter, beating the consensus estimate 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. On average, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, March 11th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 2.12%. Fidelity National Information Services's payout ratio is currently 61.30%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating for the company in a report on Wednesday, February 12th. Stephens reduced their target price 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. Susquehanna cut Fidelity National Information Services from a "positive" rating to a "neutral" rating and lowered their target price for the company from $103.00 to $81.00 in a report on Wednesday, February 12th. UBS Group reduced their price objective on Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their price objective on Fidelity National Information Services from $104.00 to $95.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Fidelity National Information Services presently has a consensus rating of "Hold" and a consensus 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.