 World Investment Advisors decreased its holdings in shares of  Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,787 shares of the information technology services provider’s stock after selling 460 shares during the period. World Investment Advisors’ holdings in Fidelity National Information Services were worth $6,088,000 at the end of the most recent reporting period.
World Investment Advisors decreased its holdings in shares of  Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,787 shares of the information technology services provider’s stock after selling 460 shares during the period. World Investment Advisors’ holdings in Fidelity National Information Services were worth $6,088,000 at the end of the most recent reporting period. 
A number of other institutional investors and hedge funds have also modified their holdings of FIS. Cullen Investment Group LTD. grew its holdings in Fidelity National Information Services by 10.4% during the 2nd quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider’s stock valued at $4,760,000 after buying an additional 5,521 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Fidelity National Information Services during the 1st quarter valued at $276,000. Brown Advisory Inc. grew its holdings in Fidelity National Information Services by 16.7% during the 1st quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider’s stock valued at $24,594,000 after buying an additional 47,086 shares during the last quarter. Compass Wealth Management LLC grew its holdings in Fidelity National Information Services by 13.5% during the 1st quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider’s stock valued at $5,810,000 after buying an additional 9,251 shares during the last quarter. Finally, Brighton Jones LLC acquired a new stake in Fidelity National Information Services during the 4th quarter valued at $347,000. Institutional investors and hedge funds own 96.23% of the company’s stock.
Fidelity National Information Services Trading Down 6.7%
Shares of FIS opened at $61.53 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $32.14 billion, a P/E ratio of 341.86 and a beta of 1.05. The stock’s fifty day simple moving average is $67.27 and its 200 day simple moving average is $74.38. Fidelity National Information Services, Inc. has a twelve month low of $59.51 and a twelve month high of $91.98.
Insider Buying and Selling
In related news, Director Jeffrey A. Goldstein acquired 889 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were bought at an average cost of $67.66 per share, with a total value of $60,149.74. Following the completion of the transaction, the director directly owned 13,588 shares of the company’s stock, valued at $919,364.08. This trade represents a 7.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on FIS shares. Keefe, Bruyette & Woods reduced their price target on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. KeyCorp reissued a “hold” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 22nd. Stephens reduced their price target on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Thursday, October 16th. Citigroup raised Fidelity National Information Services to a “hold” rating in a research note on Thursday, October 23rd. Finally, Susquehanna reduced their price target on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, September 12th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.94.
Get Our Latest Analysis on FIS
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.
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