James W. Woodall Sells 87,195 Shares of Fidelity National Information Servcs Inc (FIS) Stock

Fidelity National Information Servcs Inc (NYSE:FIS) EVP James W. Woodall sold 87,195 shares of the company’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $100.60, for a total value of $8,771,817.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

FIS opened at $95.53 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $32,276.73, a PE ratio of 22.05, a price-to-earnings-growth ratio of 1.57 and a beta of 0.91. Fidelity National Information Servcs Inc has a 12 month low of $79.43 and a 12 month high of $103.65.

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Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings results on Tuesday, February 6th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.34 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Fidelity National Information Servcs had a return on equity of 14.46% and a net margin of 14.46%. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm earned $1.14 EPS. research analysts forecast that Fidelity National Information Servcs Inc will post 5.18 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Friday, March 16th were issued a $0.32 dividend. This is a boost from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. This represents a $1.28 annualized dividend and a dividend yield of 1.34%. The ex-dividend date was Thursday, March 15th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 28.96%.

Several equities research analysts have weighed in on FIS shares. JPMorgan Chase downgraded Fidelity National Information Servcs from an “overweight” rating to a “neutral” rating in a report on Tuesday, December 12th. Barclays restated a “buy” rating and set a $115.00 price target on shares of Fidelity National Information Servcs in a report on Friday, January 5th. Robert W. Baird increased their price objective 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. Royal Bank of Canada reiterated a “buy” rating and issued a $116.00 price objective on shares of Fidelity National Information Servcs in a report on Wednesday, February 7th. Finally, BMO Capital Markets increased their price objective on Fidelity National Information Servcs from $104.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Fidelity National Information Servcs currently has a consensus rating of “Buy” and an average price target of $105.69.

Several institutional investors and hedge funds have recently bought and sold shares of FIS. Elkfork Partners LLC acquired a new position in Fidelity National Information Servcs during the fourth quarter worth $1,461,000. Penbrook Management LLC acquired a new position in Fidelity National Information Servcs during the fourth quarter worth $212,000. Xact Kapitalforvaltning AB raised its holdings in Fidelity National Information Servcs by 6.4% during the fourth quarter. Xact Kapitalforvaltning AB now owns 66,753 shares of the information technology services provider’s stock worth $6,281,000 after purchasing an additional 3,998 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Fidelity National Information Servcs by 8.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 49,842 shares of the information technology services provider’s stock worth $4,689,000 after purchasing an additional 3,762 shares during the last quarter. Finally, Csenge Advisory Group acquired a new position in Fidelity National Information Servcs during the fourth quarter worth $258,000. 87.90% of the stock is owned by institutional investors and hedge funds.

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About Fidelity National Information Servcs

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.

Insider Buying and Selling by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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