Wellington Management Group LLP raised its stake in shares of Fidelity National Information Services Inc. (NYSE:FIS) by 30.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 559,040 shares of the company’s stock after buying an additional 130,093 shares during the period. Wellington Management Group LLP owned approximately 0.17% of Fidelity National Information Services worth $35,394,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of FIS. Massachusetts Financial Services Co. MA boosted its stake in Fidelity National Information Services by 17.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 17,417,518 shares of the company’s stock valued at $1,055,501,000 after buying an additional 2,553,889 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Fidelity National Information Services by 0.7% in the first quarter. JPMorgan Chase & Co. now owns 15,670,727 shares of the company’s stock valued at $992,114,000 after buying an additional 106,386 shares in the last quarter. BlackRock Fund Advisors boosted its stake in Fidelity National Information Services by 4.4% in the first quarter. BlackRock Fund Advisors now owns 5,187,791 shares of the company’s stock valued at $328,439,000 after buying an additional 217,133 shares in the last quarter. Lazard Asset Management LLC boosted its stake in Fidelity National Information Services by 10.5% in the first quarter. Lazard Asset Management LLC now owns 4,398,864 shares of the company’s stock valued at $278,491,000 after buying an additional 418,534 shares in the last quarter. Finally, TPG Group Holdings SBS Advisors Inc. acquired a new stake in Fidelity National Information Services during the fourth quarter valued at $248,978,000.
Fidelity National Information Services Inc. (NYSE:FIS) traded down 0.06% during trading on Wednesday, reaching $80.79. The company had a trading volume of 2,700,516 shares. The firm has a market capitalization of $26.37 billion and a PE ratio of 42.01. Fidelity National Information Services Inc. has a 12-month low of $55.11 and a 12-month high of $81.41. The firm’s 50 day moving average price is $74.90 and its 200 day moving average price is $66.93.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $1.04 annualized dividend and a yield of 1.29%.
Several equities research analysts have recently weighed in on FIS shares. Monness Crespi & Hardt increased their price objective on Fidelity National Information Services from $84.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Investment Research cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Friday, May 6th. Stephens reissued a “buy” rating and issued a $90.00 price objective on shares of Fidelity National Information Services in a research report on Wednesday. Citigroup Inc. increased their price objective on Fidelity National Information Services from $79.00 to $91.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Goldman Sachs Group Inc. increased their price objective on Fidelity National Information Services from $76.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, May 3rd. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Fidelity National Information Services presently has a consensus rating of “Buy” and an average target price of $84.32.
In related news, Director David K. Hunt sold 14,738 shares of the business’s stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $72.54, for a total value of $1,069,094.52. Following the completion of the sale, the director now directly owns 49,705 shares in the company, valued at approximately $3,605,600.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephan A. James sold 24,323 shares of the business’s stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $73.65, for a total value of $1,791,388.95. Following the completion of the sale, the director now owns 47,819 shares of the company’s stock, valued at $3,521,869.35. The disclosure for this sale can be found here.
Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury and insurance, as well as providing financial consulting and outsourcing services.
