Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Annex Advisory Services LLC

Annex Advisory Services LLC lowered its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 15.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,123 shares of the information technology services provider’s stock after selling 5,036 shares during the quarter. Annex Advisory Services LLC’s holdings in Fidelity National Information Services were worth $2,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. CENTRAL TRUST Co boosted its stake in Fidelity National Information Services by 757.9% during the 3rd quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock worth $991,000 after purchasing an additional 10,452 shares during the period. Avanza Fonder AB purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at about $3,227,000. Franklin Resources Inc. boosted its stake in shares of Fidelity National Information Services by 9.2% during the third quarter. Franklin Resources Inc. now owns 1,339,235 shares of the information technology services provider’s stock worth $117,571,000 after buying an additional 112,842 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Fidelity National Information Services by 51.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,747 shares of the information technology services provider’s stock worth $6,344,000 after buying an additional 25,701 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Fidelity National Information Services in the 3rd quarter valued at about $590,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FIS has been the topic of several analyst reports. BNP Paribas downgraded Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 20th. Raymond James lowered shares of Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and lowered their price objective for the company from $115.00 to $101.00 in a research report on Monday, January 6th. Wells Fargo & Company began coverage on shares of Fidelity National Information Services in a research report on Tuesday, January 14th. They set an “equal weight” rating and a $88.00 price objective for the company. Robert W. Baird lifted their target price on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada increased their price target on shares of Fidelity National Information Services from $95.00 to $104.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

Fidelity National Information Services Trading Down 0.0 %

Shares of Fidelity National Information Services stock opened at $78.70 on Monday. Fidelity National Information Services, Inc. has a fifty-two week low of $58.24 and a fifty-two week high of $91.98. The business’s fifty day moving average is $83.12 and its two-hundred day moving average is $82.30. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. The firm has a market cap of $42.37 billion, a PE ratio of 31.35, a P/E/G ratio of 0.59 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same period last year, the company earned $0.94 EPS. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. Analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date was Monday, December 9th. Fidelity National Information Services’s payout ratio is currently 57.37%.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 701 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were acquired at an average price of $79.97 per share, with a total value of $56,058.97. Following the purchase, the director now owns 11,098 shares in the company, valued at approximately $887,507.06. The trade was a 6.74 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the sale, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. This trade represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

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.