650 Shares in Fidelity National Information Servcs Inc (NYSE:FIS) Purchased by Ossiam

Ossiam bought a new position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 650 shares of the information technology services provider’s stock, valued at approximately $80,000.

Several other large investors have also added to or reduced their stakes in FIS. Geode Capital Management LLC boosted its stake in shares of Fidelity National Information Servcs by 8.3% in the fourth quarter. Geode Capital Management LLC now owns 4,520,153 shares of the information technology services provider’s stock worth $462,775,000 after buying an additional 347,672 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in shares of Fidelity National Information Servcs by 0.9% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 56,277 shares of the information technology services provider’s stock worth $6,365,000 after buying an additional 500 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Fidelity National Information Servcs by 14.1% in the first quarter. CIBC Asset Management Inc now owns 41,524 shares of the information technology services provider’s stock worth $4,696,000 after buying an additional 5,134 shares during the last quarter. Moors & Cabot Inc. boosted its stake in shares of Fidelity National Information Servcs by 2.8% in the first quarter. Moors & Cabot Inc. now owns 9,847 shares of the information technology services provider’s stock worth $1,116,000 after buying an additional 266 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Fidelity National Information Servcs by 88.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 73,267 shares of the information technology services provider’s stock worth $8,287,000 after buying an additional 34,444 shares during the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

In other Fidelity National Information Servcs news, COO Stephanie Ferris sold 40,855 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $134.33, for a total transaction of $5,488,052.15. Following the completion of the transaction, the chief operating officer now owns 60,054 shares of the company’s stock, valued at $8,067,053.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark L. Heimbouch sold 111,586 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $134.28, for a total value of $14,983,768.08. Following the transaction, the insider now directly owns 199,168 shares of the company’s stock, valued at approximately $26,744,279.04. The disclosure for this sale can be found here. Insiders have sold 168,422 shares of company stock valued at $22,643,781 in the last three months. Insiders own 1.43% of the company’s stock.



A number of analysts have recently commented on FIS shares. Susquehanna Bancshares started coverage on Fidelity National Information Servcs in a research note on Friday, May 31st. They issued a “positive” rating and a $140.00 target price on the stock. Citigroup upped their target price on Fidelity National Information Servcs from $142.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday. Goldman Sachs Group started coverage on Fidelity National Information Servcs in a research note on Thursday, July 25th. They issued a “buy” rating and a $154.00 target price on the stock. Atlantic Securities started coverage on Fidelity National Information Servcs in a research note on Tuesday, September 3rd. They issued an “overweight” rating and a $175.00 target price on the stock. Finally, Northcoast Research restated a “neutral” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, August 7th. Four analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $146.30.

NYSE FIS traded down $1.80 during trading hours on Friday, reaching $131.64. The company’s stock had a trading volume of 1,031,960 shares, compared to its average volume of 3,388,424. The firm has a market capitalization of $80.58 billion, a price-to-earnings ratio of 25.17, a P/E/G ratio of 2.45 and a beta of 0.65. Fidelity National Information Servcs Inc has a 1-year low of $94.53 and a 1-year high of $141.35. The company has a debt-to-equity ratio of 1.67, a current ratio of 3.00 and a quick ratio of 3.00. The company’s 50-day moving average is $135.01 and its two-hundred day moving average is $121.41.

Fidelity National Information Servcs (NYSE:FIS) last released its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.78. Fidelity National Information Servcs had a return on equity of 20.66% and a net margin of 8.97%. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the prior year, the firm posted $1.23 EPS. Fidelity National Information Servcs’s quarterly revenue was up .3% compared to the same quarter last year. Equities analysts forecast that Fidelity National Information Servcs Inc will post 6 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.06%. Fidelity National Information Servcs’s payout ratio is currently 26.77%.

Fidelity National Information Servcs 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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