Fidelity National Information Services Target of Unusually High Options Trading (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) saw unusually large options trading activity on Friday. Investors purchased 11,390 call options on the stock. This is an increase of approximately 155% compared to the typical daily volume of 4,470 call options.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein purchased 701 shares of the stock in a transaction dated Wednesday, January 15th. The shares were purchased at an average price of $79.97 per share, with a total value of $56,058.97. Following the transaction, the director now owns 11,098 shares in the company, valued at $887,507.06. The trade was a 6.74 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Fidelity National Information Services

A number of large investors have recently made changes to their positions in the company. Bradley Foster & Sargent Inc. CT raised its stake in shares of Fidelity National Information Services by 4.7% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 2,869 shares of the information technology services provider’s stock worth $232,000 after buying an additional 128 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of Fidelity National Information Services by 2.2% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider’s stock worth $480,000 after buying an additional 129 shares during the last quarter. Old Port Advisors raised its stake in shares of Fidelity National Information Services by 4.9% during the 4th quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider’s stock worth $232,000 after buying an additional 135 shares during the last quarter. Modera Wealth Management LLC raised its stake in shares of Fidelity National Information Services by 4.8% during the 4th quarter. Modera Wealth Management LLC now owns 2,990 shares of the information technology services provider’s stock worth $242,000 after buying an additional 137 shares during the last quarter. Finally, Center for Financial Planning Inc. raised its stake in shares of Fidelity National Information Services by 3.8% during the 4th quarter. Center for Financial Planning Inc. now owns 3,755 shares of the information technology services provider’s stock worth $303,000 after buying an additional 138 shares during the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Down 1.4 %

Shares of NYSE:FIS opened at $73.38 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $38.87 billion, a PE ratio of 28.11, a price-to-earnings-growth ratio of 1.23 and a beta of 1.11. The firm’s 50-day moving average is $74.76 and its two-hundred day moving average is $81.40. Fidelity National Information Services has a 1 year low of $66.51 and a 1 year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. During the same quarter last year, the firm earned $0.94 EPS. Analysts predict that Fidelity National Information Services will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.18%. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio is presently 61.30%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Susquehanna cut shares of Fidelity National Information Services from a “positive” rating to a “neutral” rating and lowered their price target for the company from $103.00 to $81.00 in a research report on Wednesday, February 12th. UBS Group lowered their price target on shares of Fidelity National Information Services from $94.00 to $81.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Royal Bank of Canada lowered their price target on shares of Fidelity National Information Services from $104.00 to $95.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. Stephens lowered their price target on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 12th. Finally, Raymond James cut shares of Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and lowered their price target for the company from $115.00 to $101.00 in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $88.65.

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.