Jefferies Group LLC Has $4.87 Million Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

Jefferies Group LLC increased its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 47.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,706 shares of the information technology services provider’s stock after acquiring an additional 12,755 shares during the quarter. Jefferies Group LLC’s holdings in Fidelity National Information Servcs were worth $4,871,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC purchased a new position in Fidelity National Information Servcs during the first quarter valued at approximately $29,000. Redhawk Wealth Advisors Inc. purchased a new position in Fidelity National Information Servcs during the second quarter valued at approximately $29,000. Berman Capital Advisors LLC grew its position in Fidelity National Information Servcs by 44.4% during the first quarter. Berman Capital Advisors LLC now owns 312 shares of the information technology services provider’s stock valued at $35,000 after purchasing an additional 96 shares in the last quarter. San Francisco Sentry Investment Group CA grew its position in Fidelity National Information Servcs by 503.6% during the second quarter. San Francisco Sentry Investment Group CA now owns 332 shares of the information technology services provider’s stock valued at $41,000 after purchasing an additional 277 shares in the last quarter. Finally, Pathstone Family Office LLC grew its position in Fidelity National Information Servcs by 1,042.9% during the second quarter. Pathstone Family Office LLC now owns 400 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 365 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

A number of research analysts recently commented on FIS shares. 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 research report on Wednesday, July 3rd. Northcoast Research reissued a “neutral” rating on shares of Fidelity National Information Servcs in a research report on Wednesday, August 7th. Canaccord Genuity initiated coverage on shares of Fidelity National Information Servcs in a research report on Thursday, September 12th. They issued a “buy” rating and a $151.00 target price for the company. Robert W. Baird boosted their target price on shares of Fidelity National Information Servcs from $145.00 to $158.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Raymond James set a $149.00 target price on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Four equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Fidelity National Information Servcs currently has a consensus rating of “Buy” and an average target price of $146.95.

In related news, insider Mark L. Heimbouch sold 111,586 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $134.28, for a total transaction of $14,983,768.08. Following the completion of the sale, the insider now directly owns 199,168 shares of the company’s stock, valued at approximately $26,744,279.04. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Charles Drucker sold 62,816 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $134.22, for a total transaction of $8,431,163.52. Following the sale, the director now directly owns 533,516 shares of the company’s stock, valued at $71,608,517.52. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 331,737 shares of company stock valued at $44,517,690. 1.43% of the stock is owned by insiders.

Shares of NYSE FIS traded up $0.55 during trading hours on Friday, hitting $134.45. 779,251 shares of the stock were exchanged, compared to its average volume of 3,258,430. The company has a debt-to-equity ratio of 1.67, a current ratio of 3.00 and a quick ratio of 3.00. The company’s 50 day moving average is $134.73 and its 200 day moving average is $122.28. The firm has a market capitalization of $82.65 billion, a P/E ratio of 25.71, a P/E/G ratio of 2.51 and a beta of 0.65. Fidelity National Information Servcs Inc has a one year low of $94.53 and a one year high of $141.35.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.78. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.11 billion. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. Fidelity National Information Servcs’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.23 EPS. Research analysts anticipate that Fidelity National Information Servcs Inc will post 6 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Thursday, September 12th. Fidelity National Information Servcs’s dividend payout ratio is currently 26.77%.

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

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