Fidelity National Information Servcs Inc (NYSE:FIS) COO Stephanie Ferris Sells 40,855 Shares

Fidelity National Information Servcs Inc (NYSE:FIS) COO Stephanie Ferris sold 40,855 shares of the business’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $134.33, for a total value of $5,488,052.15. Following the completion of the transaction, the chief operating officer now directly owns 60,054 shares in the company, valued at approximately $8,067,053.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of FIS traded down $0.07 during trading hours on Wednesday, hitting $131.29. 4,539,001 shares of the stock traded hands, compared to its average volume of 3,622,830. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.67. Fidelity National Information Servcs Inc has a 1-year low of $94.53 and a 1-year high of $141.35. The firm has a market capitalization of $80.12 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 2.50 and a beta of 0.65. The business has a fifty day moving average of $135.00 and a 200-day moving average of $121.29.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.78 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.78. The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.11 billion. Fidelity National Information Servcs had a return on equity of 20.66% and a net margin of 8.97%. The company’s revenue was up .3% on a year-over-year basis. During the same period last year, the company earned $1.23 earnings per share. As a group, equities research analysts expect that Fidelity National Information Servcs Inc will post 6 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, September 12th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is presently 26.77%.

FIS has been the topic of several research analyst reports. Wedbush set a $150.00 target price on Fidelity National Information Servcs and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Oppenheimer set a $148.00 price target on Fidelity National Information Servcs and gave the company a “buy” rating in a report on Wednesday, August 7th. Moffett Nathanson began coverage on shares of Fidelity National Information Servcs in a research report on Tuesday, May 21st. They set a “buy” rating and a $147.00 price target on the stock. Atlantic Securities started coverage on shares of Fidelity National Information Servcs in a research report on Tuesday, September 3rd. They set an “overweight” rating and a $175.00 price target on the stock. Finally, Zacks Investment Research raised shares of Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $131.00 price objective on the stock in a report on Wednesday, July 3rd. Four research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $146.05.

Several large investors have recently modified their holdings of FIS. Hancock Whitney Corp boosted its holdings in Fidelity National Information Servcs by 2.2% during the second quarter. Hancock Whitney Corp now owns 5,542 shares of the information technology services provider’s stock worth $680,000 after buying an additional 119 shares during the last quarter. Rehmann Capital Advisory Group grew its position in shares of Fidelity National Information Servcs by 10.1% during the 2nd quarter. Rehmann Capital Advisory Group now owns 884 shares of the information technology services provider’s stock worth $109,000 after buying an additional 81 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Fidelity National Information Servcs in the 2nd quarter valued at about $522,000. Boston Partners increased its stake in shares of Fidelity National Information Servcs by 7.6% in the 2nd quarter. Boston Partners now owns 2,720,189 shares of the information technology services provider’s stock valued at $333,799,000 after acquiring an additional 192,002 shares during the last quarter. Finally, Atria Investments LLC increased its stake in shares of Fidelity National Information Servcs by 93.7% in the 2nd quarter. Atria Investments LLC now owns 14,136 shares of the information technology services provider’s stock valued at $1,872,000 after acquiring an additional 6,837 shares during the last quarter. Institutional investors own 92.69% of the company’s stock.

Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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