Fidelity National Information Services, Inc. (NYSE:FIS) Shares Bought by Y.D. More Investments Ltd

Y.D. More Investments Ltd boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,566 shares of the information technology services provider’s stock after buying an additional 188 shares during the period. Y.D. More Investments Ltd’s holdings in Fidelity National Information Services were worth $288,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in Fidelity National Information Services by 94.1% in the third quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 159 shares during the period. Kennebec Savings Bank acquired a new position in Fidelity National Information Services during the third quarter worth $28,000. R Squared Ltd purchased a new position in Fidelity National Information Services in the fourth quarter worth $30,000. Groupama Asset Managment boosted its position in shares of Fidelity National Information Services by 0.8% during the 3rd quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider’s stock worth $35,000 after purchasing an additional 319 shares in the last quarter. Finally, Concord Wealth Partners grew its stake in shares of Fidelity National Information Services by 50.2% during the 3rd quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock worth $37,000 after purchasing an additional 146 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Transactions at Fidelity National Information Services

In related news, EVP Lenore D. Williams sold 11,305 shares of the firm’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 transaction, the executive vice president now owns 32,199 shares in the company, valued at approximately $2,832,546.03. This trade represents a 25.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jeffrey A. Goldstein acquired 701 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were acquired at an average price of $79.97 per share, with a total value of $56,058.97. Following the completion of the purchase, the director now owns 11,098 shares of the company’s stock, valued at $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Price Performance

FIS opened at $82.16 on Thursday. Fidelity National Information Services, Inc. has a 1 year low of $60.39 and a 1 year high of $91.98. The company’s 50 day simple moving average is $81.54 and its 200 day simple moving average is $82.74. The stock has a market capitalization of $44.23 billion, a PE ratio of 32.73, a P/E/G ratio of 0.62 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.

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

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 1.95%. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

Wall Street Analyst Weigh In

A number of analysts recently commented on FIS shares. Susquehanna boosted their price objective on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the stock a “positive” rating in a report on Tuesday, November 5th. Raymond James downgraded Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $115.00 to $101.00 in a research note on Monday, January 6th. Mizuho upped their target price on Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Stephens lifted their price target on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Finally, Jefferies Financial Group increased their price objective on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the company a “hold” rating in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.