Linden Thomas Advisory Services LLC Purchases 1,333 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Linden Thomas Advisory Services LLC grew its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,693 shares of the information technology services provider’s stock after acquiring an additional 1,333 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Fidelity National Information Services were worth $1,510,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC increased its holdings in shares of 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 acquiring an additional 159 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Fidelity National Information Services during the third quarter valued at about $28,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Fidelity National Information Services during the second quarter valued at about $30,000. Concord Wealth Partners increased its holdings in shares of 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 in the last quarter. Finally, Morse Asset Management Inc acquired a new position in shares of Fidelity National Information Services during the third quarter valued at about $37,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $79.24 on Friday. Fidelity National Information Services, Inc. has a one year low of $60.39 and a one year high of $91.98. The company has a market cap of $42.66 billion, a PE ratio of 31.57, a P/E/G ratio of 0.60 and a beta of 1.04. 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 business has a 50-day simple moving average of $82.18 and a 200-day simple moving average of $82.37.

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

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.82%. The ex-dividend date was Monday, December 9th. Fidelity National Information Services’s payout ratio is 57.37%.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 701 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the purchase, the director now directly owns 11,098 shares in the company, valued at $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lenore D. Williams sold 11,305 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the sale, 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 disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

Analyst Ratings Changes

FIS has been the topic of a number of recent research reports. Jefferies Financial Group upped their target price on Fidelity National Information Services from $80.00 to $90.00 and gave the company a “hold” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. upped their price objective on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Robert W. Baird upped their price objective on Fidelity National Information Services from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Compass Point began coverage on Fidelity National Information Services in a research report on Wednesday, November 20th. They issued a “buy” rating and a $126.00 price objective on the stock. Finally, Susquehanna upped their price objective 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. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

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.