Maven Securities LTD Has $1.25 Million Stock Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

Maven Securities LTD raised its holdings in Fidelity National Information Servcs Inc (NYSE:FIS) by 457.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,279 shares of the information technology services provider’s stock after acquiring an additional 8,434 shares during the quarter. Maven Securities LTD’s holdings in Fidelity National Information Servcs were worth $1,252,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Marshall Wace North America L.P. raised its holdings in Fidelity National Information Servcs by 15,717.0% during the first quarter. Marshall Wace North America L.P. now owns 1,774,196 shares of the information technology services provider’s stock valued at $200,662,000 after buying an additional 1,762,979 shares in the last quarter. Ceredex Value Advisors LLC bought a new stake in Fidelity National Information Servcs during the first quarter worth approximately $144,430,000. BlackRock Inc. boosted its position in Fidelity National Information Servcs by 3.5% during the first quarter. BlackRock Inc. now owns 25,752,780 shares of the information technology services provider’s stock worth $2,912,641,000 after purchasing an additional 877,811 shares during the period. EdgePoint Investment Group Inc. grew its holdings in Fidelity National Information Servcs by 21.8% during the second quarter. EdgePoint Investment Group Inc. now owns 4,207,428 shares of the information technology services provider’s stock valued at $516,167,000 after purchasing an additional 753,358 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Fidelity National Information Servcs during the first quarter valued at approximately $57,172,000. 92.69% of the stock is owned by institutional investors.

In related news, Director Gary L. Lauer sold 9,981 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $135.77, for a total value of $1,355,120.37. Following the completion of the transaction, the director now directly owns 18,621 shares in the company, valued at $2,528,173.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lisa Hook sold 6,000 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $136.14, for a total value of $816,840.00. Following the completion of the transaction, the director now directly owns 6,797 shares of the company’s stock, valued at $925,343.58. The disclosure for this sale can be found here. 1.43% of the stock is currently owned by company insiders.

NYSE:FIS traded down $0.31 during trading hours on Wednesday, hitting $131.05. 335,873 shares of the company traded hands, compared to its average volume of 3,318,438. The stock has a market capitalization of $80.12 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 2.50 and a beta of 0.65. Fidelity National Information Servcs Inc has a twelve month low of $94.53 and a twelve month high of $141.35. The firm has a 50-day moving average of $135.00 and a 200 day moving average of $121.29. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.67.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period last year, the business posted $1.23 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. Equities research analysts predict that Fidelity National Information Servcs Inc will post 6 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Thursday, September 12th. Fidelity National Information Servcs’s payout ratio is presently 26.77%.

A number of brokerages have recently weighed in on FIS. Northcoast Research restated a “neutral” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, August 7th. Susquehanna Bancshares began coverage on shares of Fidelity National Information Servcs in a report on Friday, May 31st. They set a “positive” rating and a $140.00 price objective for the company. Atlantic Securities started coverage on shares of Fidelity National Information Servcs in a research note on Tuesday, September 3rd. They issued an “overweight” rating and a $175.00 target price on the stock. Oppenheimer set a $148.00 target price on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a report on Wednesday, August 7th. Finally, Bank of America boosted their target price on shares of Fidelity National Information Servcs from $143.00 to $158.00 and gave the stock a “buy” rating in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Fidelity National Information Servcs has an average rating of “Buy” and a consensus target price of $146.05.

About Fidelity National Information Servcs

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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