104,394 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Acquired by Holocene Advisors LP

Holocene Advisors LP purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 104,394 shares of the information technology services provider’s stock, valued at approximately $8,743,000.

A number of other large investors have also recently made changes to their positions in FIS. Larson Financial Group LLC raised its stake in Fidelity National Information Services by 94.1% during the third quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 159 shares during the last quarter. Kennebec Savings Bank purchased a new position in shares of Fidelity National Information Services in the third quarter worth $28,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Fidelity National Information Services during the second quarter valued at $30,000. Concord Wealth Partners increased its position in Fidelity National Information Services by 50.2% during the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock valued at $37,000 after acquiring an additional 146 shares during the last quarter. Finally, Family Firm Inc. purchased a new stake in Fidelity National Information Services during the second quarter valued at $35,000. 96.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on FIS shares. Royal Bank of Canada boosted their price target on Fidelity National Information Services from $95.00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Susquehanna boosted their target price on Fidelity National Information Services from $88.00 to $103.00 and gave the stock a “positive” rating in a research report on Tuesday, November 5th. Keefe, Bruyette & Woods upped their price objective on Fidelity National Information Services from $97.00 to $102.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. Barclays upped their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Finally, Bank of America increased their price target on Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.50.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $85.26 on Wednesday. The stock has a 50-day moving average of $87.06 and a two-hundred day moving average of $81.13. Fidelity National Information Services, Inc. has a one year low of $57.13 and a one year high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $45.90 billion, a P/E ratio of 33.97, a P/E/G ratio of 0.72 and a beta of 1.03.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.11. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.94 EPS. As a group, research analysts predict that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be issued a $0.36 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.69%. Fidelity National Information Services’s payout ratio is 57.37%.

Insider Buying and Selling

In related news, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the transaction, the executive vice president now owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey A. Goldstein acquired 626 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were purchased at an average price of $88.25 per share, with a total value of $55,244.50. Following the completion of the purchase, the director now owns 10,397 shares in the company, valued at $917,535.25. This represents a 6.41 % increase in their position. The disclosure for this purchase can be found here. 0.20% of the stock is currently owned by insiders.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.