Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. trimmed its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 18.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 113,561 shares of the information technology services provider’s stock after selling 25,466 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Fidelity National Information Services were worth $9,511,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Avantax Advisory Services Inc. grew its position in Fidelity National Information Services by 9.7% in the first quarter. Avantax Advisory Services Inc. now owns 39,050 shares of the information technology services provider’s stock worth $2,897,000 after buying an additional 3,453 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Fidelity National Information Services by 0.6% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 235,135 shares of the information technology services provider’s stock valued at $17,442,000 after purchasing an additional 1,507 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Fidelity National Information Services by 17.7% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 709,433 shares of the information technology services provider’s stock valued at $52,626,000 after purchasing an additional 106,725 shares during the period. SageView Advisory Group LLC increased its stake in Fidelity National Information Services by 1.3% in the 1st quarter. SageView Advisory Group LLC now owns 11,497 shares of the information technology services provider’s stock worth $853,000 after purchasing an additional 148 shares in the last quarter. Finally, Picton Mahoney Asset Management raised its holdings in Fidelity National Information Services by 3,501.8% during the 1st quarter. Picton Mahoney Asset Management now owns 51,397 shares of the information technology services provider’s stock worth $3,812,000 after buying an additional 49,970 shares during the period. Institutional investors own 96.23% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein acquired 626 shares of the stock in a transaction dated Tuesday, October 15th. The shares were acquired at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the completion of the purchase, the director now owns 10,397 shares in the company, valued at approximately $917,535.25. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Stock Up 1.4 %

Shares of FIS stock opened at $88.88 on Thursday. The company has a market capitalization of $47.85 billion, a price-to-earnings ratio of 35.41, a PEG ratio of 0.74 and a beta of 1.06. 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 stock’s 50 day simple moving average is $86.29 and its 200 day simple moving average is $79.76. Fidelity National Information Services, Inc. has a twelve month low of $53.39 and a twelve month high of $91.98.

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

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be paid a dividend of $0.36 per share. The ex-dividend date is Monday, December 9th. This represents a $1.44 annualized dividend and a yield of 1.62%. Fidelity National Information Services’s payout ratio is 57.37%.

Analyst Upgrades and Downgrades

FIS has been the topic of several analyst reports. Robert W. Baird lifted their target price on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Royal Bank of Canada lifted 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 report on Tuesday, November 5th. Mizuho increased their target price on Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Oppenheimer assumed coverage on Fidelity National Information Services in a report on Tuesday, October 1st. They set a “market perform” rating on the stock. Finally, UBS Group increased their price objective on Fidelity National Information Services from $80.00 to $94.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $89.68.

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.