Fidelity National Information Services, Inc. (NYSE:FIS) Holdings Raised by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 89.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 630,999 shares of the information technology services provider’s stock after purchasing an additional 297,266 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Fidelity National Information Services were worth $52,846,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Linden Thomas Advisory Services LLC bought a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $1,253,000. CENTRAL TRUST Co boosted its holdings in shares of Fidelity National Information Services by 757.9% during the third quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock valued at $991,000 after acquiring an additional 10,452 shares during the period. SG Americas Securities LLC grew its position in shares of Fidelity National Information Services by 572.2% during the second quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider’s stock worth $16,775,000 after acquiring an additional 189,484 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Fidelity National Information Services by 1.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 812,874 shares of the information technology services provider’s stock worth $60,300,000 after acquiring an additional 11,655 shares during the period. Finally, Mizuho Markets Americas LLC boosted its stake in Fidelity National Information Services by 115.9% during the 1st quarter. Mizuho Markets Americas LLC now owns 3,748,200 shares of the information technology services provider’s stock valued at $278,041,000 after purchasing an additional 2,011,848 shares during the period. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

NYSE FIS opened at $89.70 on Tuesday. Fidelity National Information Services, Inc. has a 1 year low of $49.91 and a 1 year high of $91.98. The stock’s 50-day moving average price is $85.64 and its two-hundred day moving average price is $79.06. The company has a market cap of $48.94 billion, a PE ratio of 66.94, a PEG ratio of 0.79 and a beta of 1.06. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.62.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.13. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The firm had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same quarter last year, the business posted $1.55 EPS. The company’s revenue was up 2.7% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services, Inc. will post 5.09 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.61%. The ex-dividend date is Monday, December 9th. Fidelity National Information Services’s payout ratio is 107.46%.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein purchased 626 shares of Fidelity National Information Services stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average cost of $88.25 per share, with a total value of $55,244.50. Following the completion of the transaction, the director now directly owns 10,397 shares of the company’s stock, valued at $917,535.25. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FIS. Deutsche Bank Aktiengesellschaft boosted their price objective on Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Bank of America increased their price target on Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Stephens lifted their price objective on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. UBS Group raised their target price on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, August 7th. Finally, Jefferies Financial Group upped their price target on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Wednesday, October 16th. Ten equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and an average price target of $83.30.

About Fidelity National Information Services

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.