Fidelity National Information Services, Inc. (NYSE:FIS) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 81.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,014 shares of the information technology services provider’s stock after purchasing an additional 26,029 shares during the quarter. Captrust Financial Advisors’ holdings in Fidelity National Information Services were worth $4,686,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FIS. ST Germain D J Co. Inc. lifted its holdings in Fidelity National Information Services by 1,927.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 1,946 shares of the information technology services provider’s stock worth $157,000 after acquiring an additional 1,850 shares during the last quarter. Hilltop National Bank lifted its holdings 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 worth $1,514,000 after purchasing an additional 1,031 shares during the last quarter. RMR Wealth Builders boosted its position in Fidelity National Information Services by 16.5% during the 4th quarter. RMR Wealth Builders now owns 16,344 shares of the information technology services provider’s stock valued at $1,320,000 after purchasing an additional 2,313 shares during the period. Czech National Bank grew its stake in Fidelity National Information Services by 5.0% during the 4th quarter. Czech National Bank now owns 116,726 shares of the information technology services provider’s stock worth $9,428,000 after buying an additional 5,589 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in Fidelity National Information Services by 5.3% in the fourth quarter. Capital Investment Advisors LLC now owns 3,054 shares of the information technology services provider’s stock worth $247,000 after buying an additional 155 shares during the period. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FIS shares. Barclays cut their price target on Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. UBS Group boosted their price target on Fidelity National Information Services from $81.00 to $84.00 and gave the stock a “neutral” rating in a research report on Wednesday. TD Cowen upgraded shares of Fidelity National Information Services from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a research note on Monday, April 21st. Susquehanna downgraded shares of Fidelity National Information Services from a “positive” rating to a “neutral” rating and reduced their price objective for the stock from $103.00 to $81.00 in a report on Wednesday, February 12th. Finally, Royal Bank of Canada lowered their target price on shares of Fidelity National Information Services from $95.00 to $93.00 and set an “outperform” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus target price of $91.11.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 844 shares of the company’s stock in a transaction that occurred on Tuesday, April 15th. The shares were purchased at an average cost of $72.04 per share, with a total value of $60,801.76. Following the completion of the transaction, the director now owns 11,942 shares of the company’s stock, valued at approximately $860,301.68. This represents a 7.60 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Stock Up 0.6 %

Shares of Fidelity National Information Services stock opened at $78.36 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. Fidelity National Information Services, Inc. has a 12-month low of $66.51 and a 12-month high of $91.98. The firm has a market capitalization of $41.20 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 1.23 and a beta of 1.08. The stock’s fifty day moving average is $73.85 and its 200-day moving average is $78.79.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the firm earned $1.33 earnings per share. The business’s quarterly revenue was up 2.6% on a year-over-year basis. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend is Tuesday, June 10th. Fidelity National Information Services’s payout ratio is 105.96%.

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.