Captrust Financial Advisors Buys 3,543 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Captrust Financial Advisors boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 12.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,985 shares of the information technology services provider’s stock after acquiring an additional 3,543 shares during the quarter. Captrust Financial Advisors’ holdings in Fidelity National Information Services were worth $2,679,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC lifted its position in Fidelity National Information Services by 94.1% during the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock worth $27,000 after buying an additional 159 shares in the last quarter. Kennebec Savings Bank bought a new stake in Fidelity National Information Services during the 3rd quarter worth about $28,000. University of Texas Texas AM Investment Management Co. bought a new stake in Fidelity National Information Services during the 2nd quarter worth about $30,000. EdgeRock Capital LLC bought a new stake in Fidelity National Information Services during the 2nd quarter worth about $35,000. Finally, Family Firm Inc. bought a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $35,000. 96.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FIS has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods upped their target price 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. Stephens upped their target price on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Oppenheimer initiated coverage on shares of Fidelity National Information Services in a report on Tuesday, October 1st. They issued a “market perform” rating on the stock. Robert W. Baird upped their target price on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Finally, TD Cowen upped their target price on shares of Fidelity National Information Services from $78.00 to $86.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.50.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 626 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was acquired at an average price of $88.25 per share, with a total value of $55,244.50. Following the purchase, the director now directly owns 10,397 shares in the company, valued at approximately $917,535.25. This trade represents a 6.41 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lenore D. Williams sold 11,305 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the transaction, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. The trade was a 25.99 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $85.50 on Friday. The company has a 50 day moving average of $87.17 and a 200-day moving average of $81.19. Fidelity National Information Services, Inc. has a 1-year low of $57.13 and a 1-year high of $91.98. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. The company has a market cap of $46.03 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 0.72 and a beta of 1.03.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the prior year, the firm posted $0.94 EPS. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. As a group, equities research analysts forecast 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 company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Monday, December 9th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 57.37%.

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.