Ensign Peak Advisors Inc Buys 88,489 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Ensign Peak Advisors Inc raised its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 35.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 340,052 shares of the information technology services provider’s stock after purchasing an additional 88,489 shares during the period. Ensign Peak Advisors Inc owned 0.06% of Fidelity National Information Services worth $27,466,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bradley Foster & Sargent Inc. CT boosted its stake in shares of Fidelity National Information Services by 4.7% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,869 shares of the information technology services provider’s stock valued at $232,000 after purchasing an additional 128 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its position in Fidelity National Information Services by 2.2% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider’s stock valued at $480,000 after acquiring an additional 129 shares in the last quarter. Modera Wealth Management LLC increased its holdings in shares of Fidelity National Information Services by 4.8% in the 4th quarter. Modera Wealth Management LLC now owns 2,990 shares of the information technology services provider’s stock valued at $242,000 after acquiring an additional 137 shares during the period. Center for Financial Planning Inc. raised its position in shares of Fidelity National Information Services by 3.8% in the 4th quarter. Center for Financial Planning Inc. now owns 3,755 shares of the information technology services provider’s stock worth $303,000 after acquiring an additional 138 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of Fidelity National Information Services by 5.4% during the 4th quarter. UMB Bank n.a. now owns 2,827 shares of the information technology services provider’s stock worth $228,000 after purchasing an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein bought 844 shares of the firm’s stock in a transaction that occurred on Tuesday, April 15th. The stock was purchased at an average cost of $72.04 per share, for a total transaction of $60,801.76. Following the purchase, the director now directly owns 11,942 shares in the company, valued at approximately $860,301.68. This trade represents a 7.60 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

Fidelity National Information Services Stock Up 0.6 %

NYSE:FIS opened at $78.36 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. The company’s fifty day moving average price is $73.85 and its 200-day moving average price is $78.71. Fidelity National Information Services, Inc. has a 1-year low of $66.51 and a 1-year high of $91.98. The firm has a market capitalization of $41.20 billion, a P/E ratio of 30.02, a PEG ratio of 1.23 and a beta of 1.08.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.01. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the firm earned $1.33 EPS. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis 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 presently 105.96%.

Wall Street Analyst Weigh In

FIS has been the topic of several analyst reports. Compass Point cut their target price on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. William Blair reiterated an “outperform” rating on shares of Fidelity National Information Services in a research note on Tuesday, February 18th. Morgan Stanley decreased their target price on shares of Fidelity National Information Services from $92.00 to $86.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 12th. Wells Fargo & Company reduced their price target on Fidelity National Information Services from $88.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 12th. Finally, Robert W. Baird raised their price objective on Fidelity National Information Services from $80.00 to $82.00 and gave the stock a “neutral” rating in a research report on Friday, April 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.11.

Fidelity National Information Services Company 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.