State of Wisconsin Investment Board Purchases 1,693 Shares of Fidelity National Information Servcs Inc (FIS)

State of Wisconsin Investment Board lifted its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 399,249 shares of the information technology services provider’s stock after purchasing an additional 1,693 shares during the quarter. State of Wisconsin Investment Board’s holdings in Fidelity National Information Servcs were worth $37,565,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. WFG Advisors LP boosted its stake in Fidelity National Information Servcs by 99.8% in the 2nd 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 in the last quarter. Calton & Associates Inc. acquired a new stake in Fidelity National Information Servcs in the 4th quarter valued at $123,000. Cerebellum GP LLC acquired a new stake in Fidelity National Information Servcs in the 4th quarter valued at $126,000. Rockefeller Financial Services Inc. acquired a new stake in Fidelity National Information Servcs in the 3rd quarter valued at $128,000. Finally, Thompson Investment Management Inc. acquired a new stake in Fidelity National Information Servcs in the 3rd quarter valued at $201,000. 87.26% of the stock is currently owned by institutional investors.

Fidelity National Information Servcs Inc (FIS) opened at $97.82 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.92 and a quick ratio of 1.25. The company has a market capitalization of $32,658.97, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 1.57 and a beta of 0.90. Fidelity National Information Servcs Inc has a one year low of $78.89 and a one year high of $103.65.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, February 6th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. Fidelity National Information Servcs had a return on equity of 14.46% and a net margin of 14.46%. The business’s revenue was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.14 earnings per share. sell-side analysts expect that Fidelity National Information Servcs Inc will post 5.18 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $1.28 dividend on an annualized basis and a yield of 1.31%. This is a positive change from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. Fidelity National Information Servcs’s payout ratio is currently 29.59%.

Several analysts recently commented on the company. Robert W. Baird boosted their price target on Fidelity National Information Servcs from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. KeyCorp reaffirmed a “buy” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, November 1st. BMO Capital Markets boosted their price target on Fidelity National Information Servcs from $104.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, February 7th. They noted that the move was a valuation call. Royal Bank of Canada reaffirmed a “buy” rating and issued a $116.00 price target on shares of Fidelity National Information Servcs in a research note on Wednesday, February 7th. Finally, Barclays boosted their price target on Fidelity National Information Servcs from $102.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, October 26th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $102.47.

In other Fidelity National Information Servcs news, Director Stephan A. James sold 3,600 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $94.87, for a total value of $341,532.00. Following the transaction, the director now owns 29,498 shares of the company’s stock, valued at $2,798,475.26. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Gary Norcross sold 293,333 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $94.30, for a total value of $27,661,301.90. The disclosure for this sale can be found here. In the last three months, insiders sold 313,933 shares of company stock worth $29,609,844. Insiders own 2.66% of the company’s stock.

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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.

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

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