Lenox Wealth Advisors LLC Invests $73,000 in Fidelity National Information Servcs Inc (NYSE:FIS)

Lenox Wealth Advisors LLC acquired a new position in Fidelity National Information Servcs Inc (NYSE:FIS) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 551 shares of the information technology services provider’s stock, valued at approximately $73,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rehmann Capital Advisory Group raised its position in shares of Fidelity National Information Servcs by 10.1% during the second quarter. Rehmann Capital Advisory Group now owns 884 shares of the information technology services provider’s stock worth $109,000 after purchasing an additional 81 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of Fidelity National Information Servcs by 2.1% during the second quarter. Chicago Partners Investment Group LLC now owns 4,125 shares of the information technology services provider’s stock worth $541,000 after purchasing an additional 83 shares during the period. Townsquare Capital LLC raised its position in shares of Fidelity National Information Servcs by 3.3% during the second quarter. Townsquare Capital LLC now owns 2,689 shares of the information technology services provider’s stock worth $350,000 after purchasing an additional 85 shares during the period. AdvisorNet Financial Inc raised its position in shares of Fidelity National Information Servcs by 12.7% during the second quarter. AdvisorNet Financial Inc now owns 819 shares of the information technology services provider’s stock worth $100,000 after purchasing an additional 92 shares during the period. Finally, Buckley Wealth Management LLC raised its position in shares of Fidelity National Information Servcs by 2.4% during the second quarter. Buckley Wealth Management LLC now owns 4,026 shares of the information technology services provider’s stock worth $494,000 after purchasing an additional 94 shares during the period. 92.69% of the stock is currently owned by institutional investors.

NYSE:FIS traded up $0.30 during trading hours on Thursday, hitting $129.68. 159,402 shares of the company’s stock traded hands, compared to its average volume of 3,332,100. The firm has a market cap of $81.44 billion, a P/E ratio of 24.77, a P/E/G ratio of 2.55 and a beta of 0.64. Fidelity National Information Servcs Inc has a twelve month low of $94.53 and a twelve month high of $141.35. The company has a debt-to-equity ratio of 1.67, a quick ratio of 3.00 and a current ratio of 3.00. The stock’s fifty day moving average price is $134.42 and its two-hundred day moving average price is $123.88.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly 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. The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.11 billion. Fidelity National Information Servcs had a return on equity of 20.66% and a net margin of 8.97%. Fidelity National Information Servcs’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.23 earnings per share. On average, equities research analysts predict that Fidelity National Information Servcs Inc will post 5.83 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.35 dividend. The ex-dividend date was Thursday, September 12th. This represents a $1.40 dividend on an annualized basis and a yield of 1.08%. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 26.77%.

In other Fidelity National Information Servcs news, CFO James W. Woodall sold 100,499 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $133.76, for a total value of $13,442,746.24. Following the transaction, the chief financial officer now owns 157,497 shares in the company, valued at $21,066,798.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lisa Hook sold 6,000 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $136.14, for a total value of $816,840.00. Following the completion of the transaction, the director now owns 6,797 shares in the company, valued at approximately $925,343.58. The disclosure for this sale can be found here. Insiders sold 331,737 shares of company stock worth $44,517,690 in the last 90 days. Corporate insiders own 1.43% of the company’s stock.

A number of equities research analysts have recently issued reports on the company. Robert W. Baird boosted their target price on Fidelity National Information Servcs from $145.00 to $158.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. SunTrust Banks set a $135.00 target price on Fidelity National Information Servcs and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Wedbush set a $150.00 target price on Fidelity National Information Servcs and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. ValuEngine lowered Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Barclays set a $147.00 target price on Fidelity National Information Servcs and gave the stock a “buy” rating in a research report on Monday, August 12th. Three investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $148.53.

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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