Vontobel Holding Ltd. Cuts Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Vontobel Holding Ltd. lessened its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 54.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 13,520 shares of the information technology services provider's stock after selling 16,440 shares during the period. Vontobel Holding Ltd.'s holdings in Fidelity National Information Services were worth $1,092,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Avestar Capital LLC increased its stake in shares of Fidelity National Information Services by 9.8% in the fourth quarter. Avestar Capital LLC now owns 3,595 shares of the information technology services provider's stock worth $290,000 after purchasing an additional 322 shares in the last quarter. Avion Wealth boosted its holdings in Fidelity National Information Services by 503.0% in the 4th quarter. Avion Wealth now owns 609 shares of the information technology services provider's stock worth $49,000 after buying an additional 508 shares during the period. Sage Private Wealth Group LLC increased its stake in Fidelity National Information Services by 11.5% in the 4th quarter. Sage Private Wealth Group LLC now owns 3,920 shares of the information technology services provider's stock worth $317,000 after buying an additional 404 shares in the last quarter. Peterson Wealth Services raised its holdings in Fidelity National Information Services by 3.8% during the fourth quarter. Peterson Wealth Services now owns 20,937 shares of the information technology services provider's stock valued at $1,691,000 after acquiring an additional 776 shares during the period. Finally, Summit Trail Advisors LLC lifted its position in shares of Fidelity National Information Services by 56.1% in the fourth quarter. Summit Trail Advisors LLC now owns 7,982 shares of the information technology services provider's stock valued at $645,000 after acquiring an additional 2,868 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Susquehanna cut Fidelity National Information Services from a "positive" rating to a "neutral" rating and cut their target price for the stock from $103.00 to $81.00 in a research report on Wednesday, February 12th. Morgan Stanley reduced their price objective on shares of Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 12th. TD Cowen upped their target price on shares of Fidelity National Information Services from $78.00 to $86.00 and gave the stock a "hold" rating in a research report on Tuesday, November 5th. Compass Point cut 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. Finally, BNP Paribas cut shares of Fidelity National Information Services from a "neutral" rating to an "underperform" rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of "Hold" and a consensus price target of $87.36.

Insider Transactions at Fidelity National Information Services

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

Fidelity National Information Services Trading Up 0.1 %

NYSE:FIS traded up $0.10 during mid-day trading on Friday, hitting $69.95. 5,688,695 shares of the stock traded hands, compared to its average volume of 3,528,235. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. Fidelity National Information Services, Inc. has a 52 week low of $62.63 and a 52 week high of $91.98. The stock has a market capitalization of $37.05 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.23 and a beta of 1.04. The firm's 50 day moving average is $78.98 and its two-hundred day moving average is $82.56.

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

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be paid a $0.40 dividend. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.29%. Fidelity National Information Services's dividend payout ratio (DPR) is presently 55.17%.

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.