Vanguard Personalized Indexing Management LLC Cuts Stake in Fidelity National Information Services, Inc. (NYSE:FIS)

Vanguard Personalized Indexing Management LLC lessened its stake in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,371 shares of the information technology services provider’s stock after selling 538 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Fidelity National Information Services were worth $1,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EA Series Trust purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter worth $230,000. ST Germain D J Co. Inc. purchased a new stake in Fidelity National Information Services in the second quarter worth about $54,000. Value Holdings Management CO. LLC grew its holdings in Fidelity National Information Services by 77.4% during the 3rd quarter. Value Holdings Management CO. LLC now owns 173,000 shares of the information technology services provider’s stock worth $9,562,000 after acquiring an additional 75,500 shares in the last quarter. Verity & Verity LLC purchased a new position in Fidelity National Information Services during the 3rd quarter valued at about $7,096,000. Finally, Cramer Rosenthal Mcglynn LLC bought a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $14,862,000. Institutional investors own 85.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on FIS shares. Wolfe Research upgraded shares of Fidelity National Information Services from a “peer perform” rating to an “outperform” rating and set a $65.00 price objective on the stock in a research note on Tuesday, October 17th. Mizuho lifted their price target on Fidelity National Information Services from $62.00 to $73.00 and gave the company a “buy” rating in a report on Thursday, January 18th. UBS Group restated a “neutral” rating and set a $58.00 price objective on shares of Fidelity National Information Services in a research note on Friday, October 20th. Barclays upgraded Fidelity National Information Services from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $62.00 to $69.00 in a research note on Thursday, October 19th. Finally, Truist Financial increased their price target on shares of Fidelity National Information Services from $50.00 to $55.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.17.

Read Our Latest Report on Fidelity National Information Services

Insider Buying and Selling

In other Fidelity National Information Services news, Director Ellen R. Alemany acquired 735 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was acquired at an average cost of $60.32 per share, for a total transaction of $44,335.20. Following the purchase, the director now owns 35,333 shares in the company, valued at approximately $2,131,286.56. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $61.76 on Monday. The stock has a 50-day moving average of $60.82 and a two-hundred day moving average of $56.92. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market cap of $36.59 billion, a P/E ratio of -1.51, a P/E/G ratio of 1.02 and a beta of 0.95. Fidelity National Information Services, Inc. has a one year low of $46.91 and a one year high of $75.67.

Fidelity National Information Services Company Profile

(Free Report)

Fidelity National Information Services, Inc provides technology solutions for financial institutions and businesses worldwide. It operates through Banking Solutions, Merchant Solutions, and Capital Market Solutions segments. The Banking Solutions segment provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; electronic funds transfer and network; card and retail payment; wealth and retirement; and item processing and output solutions.

See Also

Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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