Capital Investment Advisors LLC Grows Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Capital Investment Advisors LLC grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,054 shares of the information technology services provider’s stock after acquiring an additional 155 shares during the period. Capital Investment Advisors LLC’s holdings in Fidelity National Information Services were worth $247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CENTRAL TRUST Co raised its holdings in Fidelity National Information Services by 757.9% in the third quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock valued at $991,000 after acquiring an additional 10,452 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Fidelity National Information Services by 9.2% during the 3rd quarter. Franklin Resources Inc. now owns 1,339,235 shares of the information technology services provider’s stock worth $117,571,000 after buying an additional 112,842 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Fidelity National Information Services by 51.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,747 shares of the information technology services provider’s stock worth $6,344,000 after acquiring an additional 25,701 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Fidelity National Information Services in the third quarter worth $590,000. Finally, Chase Investment Counsel Corp raised its holdings in shares of Fidelity National Information Services by 52.8% during the third quarter. Chase Investment Counsel Corp now owns 65,790 shares of the information technology services provider’s stock worth $5,509,000 after purchasing an additional 22,742 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Up 0.8 %

Shares of FIS stock opened at $78.69 on Friday. Fidelity National Information Services, Inc. has a 1 year low of $58.24 and a 1 year high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. The business’s fifty day moving average is $83.47 and its 200-day moving average is $82.24. The stock has a market cap of $42.37 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 0.59 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same period in the previous year, the company earned $0.94 earnings per share. Fidelity National Information Services’s revenue was up 3.1% compared to the same quarter last year. Equities analysts expect that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date was Monday, December 9th. Fidelity National Information Services’s payout ratio is 57.37%.

Insiders Place Their Bets

In other news, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the sale, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently commented on FIS. Keefe, Bruyette & Woods lifted their price target on shares of Fidelity National Information Services from $97.00 to $102.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Robert W. Baird lifted their target price on Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Royal Bank of Canada increased their price target on Fidelity National Information Services from $95.00 to $104.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. boosted 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. Finally, Wells Fargo & Company began coverage on Fidelity National Information Services in a research report on Tuesday. They issued an “equal weight” rating and a $88.00 target price on the stock. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.00.

Fidelity National Information Services Company 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.