Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Ceera Investments LLC

Ceera Investments LLC decreased its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 0.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 92,417 shares of the information technology services provider’s stock after selling 235 shares during the period. Fidelity National Information Services accounts for about 2.9% of Ceera Investments LLC’s holdings, making the stock its 6th biggest holding. Ceera Investments LLC’s holdings in Fidelity National Information Services were worth $6,965,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Linden Thomas Advisory Services LLC purchased a new stake in shares of Fidelity National Information Services in the second quarter worth $1,253,000. Quest Partners LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $653,000. Jump Financial LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth about $752,000. SG Americas Securities LLC boosted its holdings in Fidelity National Information Services by 572.2% in the second quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider’s stock worth $16,775,000 after acquiring an additional 189,484 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Fidelity National Information Services by 25.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,013,537 shares of the information technology services provider’s stock valued at $301,194,000 after purchasing an additional 1,027,466 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Susquehanna boosted their price objective on shares of Fidelity National Information Services from $86.00 to $88.00 and gave the company a “positive” rating in a report on Wednesday, August 7th. UBS Group increased their price target on Fidelity National Information Services from $78.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, August 7th. Barclays upped their target price on shares of Fidelity National Information Services from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. JPMorgan Chase & Co. lifted their price target on shares of Fidelity National Information Services from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and an average price target of $80.65.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein bought 719 shares of the firm’s stock in a transaction on Monday, July 15th. The shares were bought at an average cost of $76.81 per share, for a total transaction of $55,226.39. Following the completion of the transaction, the director now owns 9,771 shares in the company, valued at $750,510.51. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by company insiders.

Fidelity National Information Services Stock Down 1.3 %

Shares of NYSE:FIS traded down $1.11 during trading on Friday, hitting $81.36. 2,725,138 shares of the company were exchanged, compared to its average volume of 3,959,082. The firm’s 50 day moving average price is $77.40 and its 200-day moving average price is $74.27. Fidelity National Information Services, Inc. has a 12-month low of $46.91 and a 12-month high of $83.29. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a market capitalization of $45.26 billion, a P/E ratio of -7.95, a PEG ratio of 0.81 and a beta of 1.06.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, August 6th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.13. The business had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.49 billion. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. On average, research analysts predict that Fidelity National Information Services, Inc. will post 5.08 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Tuesday, September 10th. Fidelity National Information Services’s dividend payout ratio is presently -14.08%.

Fidelity National Information Services Profile

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.