Nisa Investment Advisors LLC Raises Stake in Fidelity National Information Servcs Inc (NYSE:FIS)

Nisa Investment Advisors LLC increased its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,825 shares of the information technology services provider’s stock after purchasing an additional 4,142 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Fidelity National Information Servcs were worth $12,308,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FIS. WFG Advisors LP lifted its stake in Fidelity National Information Servcs by 99.8% in the second quarter. WFG Advisors LP now owns 1,187 shares of the information technology services provider’s stock valued at $101,000 after buying an additional 593 shares during the last quarter. BB&T Investment Services Inc. bought a new stake in Fidelity National Information Servcs in the second quarter valued at $103,000. Rockefeller Financial Services Inc. bought a new stake in Fidelity National Information Servcs in the third quarter valued at $128,000. Balentine LLC lifted its stake in Fidelity National Information Servcs by 32.2% in the second quarter. Balentine LLC now owns 1,567 shares of the information technology services provider’s stock valued at $134,000 after buying an additional 382 shares during the last quarter. Finally, Acrospire Investment Management LLC bought a new stake in Fidelity National Information Servcs in the second quarter valued at $154,000. Hedge funds and other institutional investors own 87.62% of the company’s stock.

A number of research analysts have recently commented on the company. Robert W. Baird raised their price target on Fidelity National Information Servcs from $108.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Barclays reaffirmed a “buy” rating and set a $115.00 target price on shares of Fidelity National Information Servcs in a report on Friday, January 5th. JPMorgan Chase & Co. lowered Fidelity National Information Servcs from an “overweight” rating to a “neutral” rating in a report on Tuesday, December 12th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $108.00 target price on shares of Fidelity National Information Servcs in a report on Sunday, December 3rd. Finally, KeyCorp reaffirmed a “buy” rating on shares of Fidelity National Information Servcs in a report on Wednesday, November 1st. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $100.00.

Shares of Fidelity National Information Servcs Inc (NYSE:FIS) traded down $3.61 during trading on Monday, hitting $97.20. The stock had a trading volume of 2,640,000 shares, compared to its average volume of 1,300,000. The firm has a market cap of $32,450.00, a price-to-earnings ratio of 60.37, a price-to-earnings-growth ratio of 1.73 and a beta of 0.90. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. Fidelity National Information Servcs Inc has a fifty-two week low of $75.52 and a fifty-two week high of $103.65.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.32%. This is a positive change from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, March 15th. Fidelity National Information Servcs’s payout ratio is currently 72.05%.

In other Fidelity National Information Servcs news, EVP Gregory G. Montana sold 58,547 shares of Fidelity National Information Servcs stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $92.54, for a total value of $5,417,939.38. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director David K. Hunt sold 17,000 shares of Fidelity National Information Servcs stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $94.53, for a total value of $1,607,010.00. Following the completion of the transaction, the director now directly owns 19,154 shares in the company, valued at $1,810,627.62. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 87,633 shares of company stock valued at $8,146,090. 2.66% of the stock is owned by corporate insiders.

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Fidelity National Information Servcs Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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