Fidelity National Information Servcs Inc (FIS) Holdings Trimmed by Johnson Financial Group Inc.

Johnson Financial Group Inc. trimmed its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 5.2% during the 4th quarter, Holdings Channel reports. The firm owned 37,822 shares of the information technology services provider’s stock after selling 2,065 shares during the period. Johnson Financial Group Inc.’s holdings in Fidelity National Information Servcs were worth $3,559,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Meritage Group LP acquired a new position in shares of Fidelity National Information Servcs in the 3rd quarter worth approximately $303,878,000. BlackRock Inc. lifted its holdings in shares of Fidelity National Information Servcs by 4.1% in the 4th quarter. BlackRock Inc. now owns 23,023,845 shares of the information technology services provider’s stock worth $2,166,312,000 after acquiring an additional 902,343 shares during the last quarter. Findlay Park Partners LLP lifted its holdings in shares of Fidelity National Information Servcs by 75.0% in the 3rd quarter. Findlay Park Partners LLP now owns 1,750,000 shares of the information technology services provider’s stock worth $163,433,000 after acquiring an additional 750,000 shares during the last quarter. Longview Partners Guernsey LTD lifted its holdings in shares of Fidelity National Information Servcs by 5.5% in the 3rd quarter. Longview Partners Guernsey LTD now owns 10,025,942 shares of the information technology services provider’s stock worth $936,323,000 after acquiring an additional 521,300 shares during the last quarter. Finally, Renaissance Group LLC acquired a new position in shares of Fidelity National Information Servcs in the 4th quarter worth approximately $30,716,000. Institutional investors own 85.75% of the company’s stock.

In related news, Director David K. Hunt sold 17,000 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $94.53, for a total transaction of $1,607,010.00. Following the sale, the director now directly owns 19,154 shares of the company’s stock, valued at approximately $1,810,627.62. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stephan A. James sold 3,600 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $94.87, for a total transaction of $341,532.00. Following the sale, the director now directly owns 29,498 shares in the company, valued at $2,798,475.26. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 313,933 shares of company stock worth $29,609,844. 2.66% of the stock is owned by insiders.

Shares of Fidelity National Information Servcs Inc (NYSE FIS) opened at $97.15 on Thursday. Fidelity National Information Servcs Inc has a 52 week low of $78.89 and a 52 week high of $103.65. The firm has a market cap of $32,492.08, a P/E ratio of 24.78, a P/E/G ratio of 1.57 and a beta of 0.90. The company has a current ratio of 0.92, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be paid a dividend of $0.32 per share. This is an increase from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. This represents a $1.28 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, March 15th. Fidelity National Information Servcs’s dividend payout ratio is presently 29.59%.

Several equities analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of Fidelity National Information Servcs from $108.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. BMO Capital Markets upped their price objective on shares of Fidelity National Information Servcs from $104.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. They noted that the move was a valuation call. Royal Bank of Canada restated a “buy” rating and issued a $116.00 price objective on shares of Fidelity National Information Servcs in a report on Wednesday, February 7th. JPMorgan Chase & Co. lowered shares of Fidelity National Information Servcs from an “overweight” rating to a “neutral” rating in a report on Tuesday, December 12th. Finally, Barclays upped their price objective on shares of Fidelity National Information Servcs from $102.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, October 26th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $102.47.

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Fidelity National Information Servcs Company 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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