Buckley Wealth Management LLC Has $603,000 Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

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Buckley Wealth Management LLC boosted its stake in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 12.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,544 shares of the information technology services provider’s stock after buying an additional 518 shares during the period. Buckley Wealth Management LLC’s holdings in Fidelity National Information Servcs were worth $603,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. First Trust Advisors LP lifted its position in Fidelity National Information Servcs by 56.1% during the first quarter. First Trust Advisors LP now owns 150,306 shares of the information technology services provider’s stock valued at $17,000,000 after buying an additional 54,036 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Fidelity National Information Servcs by 11.4% during the first quarter. Lazard Asset Management LLC now owns 87,931 shares of the information technology services provider’s stock valued at $9,943,000 after purchasing an additional 8,982 shares during the period. Advisory Alpha LLC purchased a new stake in shares of Fidelity National Information Servcs during the first quarter valued at approximately $77,000. Andra AP fonden purchased a new stake in shares of Fidelity National Information Servcs during the first quarter valued at approximately $6,763,000. Finally, Meiji Yasuda Life Insurance Co purchased a new stake in shares of Fidelity National Information Servcs during the first quarter valued at approximately $418,000. Hedge funds and other institutional investors own 92.69% of the company’s stock.

In other Fidelity National Information Servcs news, Director Charles Drucker sold 62,816 shares of the business’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $134.22, for a total transaction of $8,431,163.52. Following the completion of the sale, the director now owns 533,516 shares in the company, valued at $71,608,517.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO James W. Woodall sold 100,499 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $133.76, for a total transaction of $13,442,746.24. Following the sale, the chief financial officer now owns 157,497 shares of the company’s stock, valued at approximately $21,066,798.72. The disclosure for this sale can be found here. In the last quarter, insiders have sold 331,737 shares of company stock valued at $44,517,690. 1.43% of the stock is owned by insiders.

A number of research firms have recently issued reports on FIS. Robert W. Baird lifted their price objective on shares of Fidelity National Information Servcs from $145.00 to $158.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. SunTrust Banks set a $135.00 price objective on shares of Fidelity National Information Servcs and gave the company a “hold” rating in a research note on Wednesday, August 7th. Northcoast Research reiterated a “neutral” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, August 7th. Canaccord Genuity began coverage on shares of Fidelity National Information Servcs in a research note on Thursday, September 12th. They set a “buy” rating and a $151.00 price objective on the stock. Finally, ValuEngine lowered shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. Three equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $148.53.

FIS stock traded up $0.33 during trading on Friday, hitting $131.87. 168,484 shares of the company’s stock traded hands, compared to its average volume of 3,425,832. The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 1.67. Fidelity National Information Servcs Inc has a 52 week low of $94.53 and a 52 week high of $141.35. The stock has a fifty day moving average price of $133.53 and a two-hundred day moving average price of $124.78. The stock has a market capitalization of $79.46 billion, a price-to-earnings ratio of 25.24, a price-to-earnings-growth ratio of 2.48 and a beta of 0.64.

Fidelity National Information Servcs (NYSE:FIS) last released its earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share for the quarter, meeting the consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the previous year, the firm earned $1.23 earnings per share. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. As a group, equities research analysts expect that Fidelity National Information Servcs Inc will post 5.83 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $1.40 annualized dividend and a yield of 1.06%. Fidelity National Information Servcs’s payout ratio is 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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