Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by ORG Wealth Partners LLC

ORG Wealth Partners LLC lowered its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 46.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,260 shares of the information technology services provider’s stock after selling 1,092 shares during the period. ORG Wealth Partners LLC’s holdings in Fidelity National Information Services were worth $102,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Hilltop National Bank lifted its stake in shares of Fidelity National Information Services by 5.8% in the 4th quarter. Hilltop National Bank now owns 18,743 shares of the information technology services provider’s stock valued at $1,514,000 after purchasing an additional 1,031 shares during the last quarter. ST Germain D J Co. Inc. lifted its stake in shares of Fidelity National Information Services by 1,927.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 1,946 shares of the information technology services provider’s stock valued at $157,000 after purchasing an additional 1,850 shares during the last quarter. CWA Asset Management Group LLC lifted its stake in shares of Fidelity National Information Services by 567.1% in the 4th quarter. CWA Asset Management Group LLC now owns 28,860 shares of the information technology services provider’s stock valued at $2,331,000 after purchasing an additional 24,534 shares during the last quarter. Nordea Investment Management AB lifted its stake in shares of Fidelity National Information Services by 1,304.8% in the 4th quarter. Nordea Investment Management AB now owns 605,237 shares of the information technology services provider’s stock valued at $48,927,000 after purchasing an additional 562,154 shares during the last quarter. Finally, Everence Capital Management Inc. lifted its stake in shares of Fidelity National Information Services by 68.2% in the 4th quarter. Everence Capital Management Inc. now owns 12,380 shares of the information technology services provider’s stock valued at $1,000,000 after purchasing an additional 5,020 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In related news, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total value 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey A. Goldstein acquired 626 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were bought at an average cost of $88.25 per share, with a total value of $55,244.50. Following the completion of the transaction, the director now directly owns 10,397 shares in the company, valued at $917,535.25. This trade represents a 6.41 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.20% of the company’s stock.

Fidelity National Information Services Trading Down 2.7 %

FIS opened at $77.20 on Friday. Fidelity National Information Services, Inc. has a one year low of $58.24 and a one year high of $91.98. The company has a market cap of $41.56 billion, a P/E ratio of 30.76, a PEG ratio of 0.72 and a beta of 1.04. 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 50-day simple moving average is $84.01 and its 200-day simple moving average is $82.12.

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

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were given a $0.36 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.87%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 57.37%.

Wall Street Analyst Weigh In

FIS has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Fidelity National Information Services from $89.00 to $99.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Mizuho boosted their price objective 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. Barclays boosted their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Bank of America boosted their price objective on Fidelity National Information Services from $90.00 to $96.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. Finally, Stephens boosted their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.19.

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.