Aptus Capital Advisors LLC Buys 445 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Aptus Capital Advisors LLC grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 9.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,083 shares of the information technology services provider’s stock after buying an additional 445 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $281,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. OFI Invest Asset Management bought a new position in Fidelity National Information Services during the 3rd quarter valued at about $25,000. Baystate Wealth Management LLC grew its holdings in Fidelity National Information Services by 332.1% during the 3rd quarter. Baystate Wealth Management LLC now owns 484 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 372 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in Fidelity National Information Services by 83.3% during the 1st quarter. Brown Brothers Harriman & Co. now owns 286 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 130 shares during the last quarter. Spotlight Asset Group Inc. bought a new position in Fidelity National Information Services during the 2nd quarter valued at about $30,000. Finally, McCarthy Grittinger Financial Group LLC grew its holdings in Fidelity National Information Services by 101.1% during the 3rd quarter. McCarthy Grittinger Financial Group LLC now owns 573 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 288 shares during the last quarter. 85.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FIS shares. Mizuho upped their price target on shares of Fidelity National Information Services from $62.00 to $73.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Royal Bank of Canada cut their price target on shares of Fidelity National Information Services from $71.00 to $67.00 and set an “outperform” rating on the stock in a report on Wednesday, November 8th. Wolfe Research upgraded shares of Fidelity National Information Services from a “peer perform” rating to an “outperform” rating and set a $65.00 target price on the stock in a research note on Tuesday, October 17th. Barclays upgraded shares of Fidelity National Information Services from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $62.00 to $69.00 in a research note on Thursday, October 19th. Finally, Raymond James dropped their target price on shares of Fidelity National Information Services from $79.00 to $71.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $66.17.

Check Out Our Latest Stock Report on Fidelity National Information Services

Insider Activity at Fidelity National Information Services

In other news, Director Ellen R. Alemany bought 735 shares of the stock in a transaction on Wednesday, January 17th. The stock was bought at an average cost of $60.32 per share, for a total transaction of $44,335.20. Following the completion of the purchase, the director now directly owns 35,333 shares in the company, valued at $2,131,286.56. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.56% of the stock is currently owned by corporate insiders.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $61.76 on Monday. The firm has a market cap of $36.59 billion, a price-to-earnings ratio of -1.51, a PEG ratio of 1.02 and a beta of 0.95. The company’s 50 day moving average is $60.82 and its 200 day moving average is $56.92. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a 52-week low of $46.91 and a 52-week 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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