Donaldson Capital Management LLC Boosts Stock Position in Fidelity National Information Servcs Inc (NYSE:FIS)

Donaldson Capital Management LLC lifted its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 8.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,092 shares of the information technology services provider’s stock after buying an additional 305 shares during the quarter. Donaldson Capital Management LLC’s holdings in Fidelity National Information Servcs were worth $543,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cox Capital Mgt LLC boosted its position in shares of Fidelity National Information Servcs by 3.5% in the 2nd quarter. Cox Capital Mgt LLC now owns 6,562 shares of the information technology services provider’s stock valued at $805,000 after purchasing an additional 219 shares during the period. Swedbank grew its holdings in Fidelity National Information Servcs by 27.6% during the second quarter. Swedbank now owns 1,222,018 shares of the information technology services provider’s stock worth $149,917,000 after purchasing an additional 264,272 shares during the period. DNB Asset Management AS grew its holdings in Fidelity National Information Servcs by 92.6% during the second quarter. DNB Asset Management AS now owns 97,867 shares of the information technology services provider’s stock worth $12,006,000 after purchasing an additional 47,042 shares during the period. WINTON GROUP Ltd grew its holdings in Fidelity National Information Servcs by 25.4% during the second quarter. WINTON GROUP Ltd now owns 8,484 shares of the information technology services provider’s stock worth $1,041,000 after purchasing an additional 1,720 shares during the period. Finally, Carroll Financial Associates Inc. grew its holdings in Fidelity National Information Servcs by 23.8% during the second quarter. Carroll Financial Associates Inc. now owns 755 shares of the information technology services provider’s stock worth $92,000 after purchasing an additional 145 shares during the period. Hedge funds and other institutional investors own 92.69% of the company’s stock.

In other news, COO Stephanie Ferris sold 40,855 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $134.33, for a total transaction of $5,488,052.15. Following the completion of the transaction, the chief operating officer now directly owns 60,054 shares of the company’s stock, valued at $8,067,053.82. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Lisa Hook sold 6,000 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $136.14, for a total value of $816,840.00. Following the transaction, the director now directly owns 6,797 shares of the company’s stock, valued at $925,343.58. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 321,756 shares of company stock worth $43,162,570. 1.43% of the stock is currently owned by corporate insiders.

FIS has been the topic of a number of research reports. SunTrust Banks set a $135.00 target price on shares of Fidelity National Information Servcs and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Berenberg Bank set a $171.00 target price on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a research note on Friday, August 9th. Bank of America boosted their target price on shares of Fidelity National Information Servcs from $143.00 to $158.00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Goldman Sachs Group started coverage on shares of Fidelity National Information Servcs in a research note on Thursday, July 25th. They set a “buy” rating and a $154.00 target price on the stock. Finally, UBS Group boosted their price objective on shares of Fidelity National Information Servcs from $139.00 to $140.00 and gave the stock a “neutral” rating in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $148.38.

Shares of NYSE:FIS traded down $1.89 during trading on Friday, hitting $130.46. 147,578 shares of the stock traded hands, compared to its average volume of 2,937,765. The company has a quick ratio of 3.00, a current ratio of 0.86 and a debt-to-equity ratio of 0.34. The company has a market cap of $81.09 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 2.68 and a beta of 0.63. The company has a fifty day moving average price of $131.05 and a two-hundred day moving average price of $127.35. Fidelity National Information Servcs Inc has a 52-week low of $94.53 and a 52-week high of $141.35.

Fidelity National Information Servcs (NYSE:FIS) last posted its earnings results on Tuesday, November 5th. The information technology services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.08. Fidelity National Information Servcs had a net margin of 8.24% and a return on equity of 12.07%. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.84 billion. During the same period in the previous year, the firm earned $1.33 EPS. The business’s quarterly revenue was up 35.4% on a year-over-year basis. On average, equities research analysts predict that Fidelity National Information Servcs Inc will post 5.41 EPS for the current fiscal year.

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