Fidelity National Information Servcs Inc (NYSE:FIS) CFO Sells $13,442,746.24 in Stock

Fidelity National Information Servcs Inc (NYSE:FIS) CFO James W. Woodall sold 100,499 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $133.76, for a total transaction of $13,442,746.24. Following the completion of the transaction, the chief financial officer now directly owns 157,497 shares in the company, valued at $21,066,798.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Fidelity National Information Servcs stock traded down $2.56 during midday trading on Friday, hitting $130.88. 3,090,099 shares of the company traded hands, compared to its average volume of 3,627,939. The firm’s fifty day moving average price is $135.01 and its 200-day moving average price is $121.41. The company has a debt-to-equity ratio of 1.67, a quick ratio of 3.00 and a current ratio of 3.00. Fidelity National Information Servcs Inc has a 12 month low of $94.53 and a 12 month high of $141.35. The stock has a market cap of $80.58 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 2.45 and a beta of 0.65.

Fidelity National Information Servcs (NYSE:FIS) last posted its earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 EPS for the quarter, hitting the consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The business had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the company earned $1.23 EPS. The firm’s revenue was up .3% compared to the same quarter last year. Equities research analysts forecast that Fidelity National Information Servcs Inc will post 6 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, September 12th. This represents a $1.40 annualized dividend and a yield of 1.07%. Fidelity National Information Servcs’s dividend payout ratio is presently 26.77%.

Several research firms have commented on FIS. Northcoast Research reissued a “neutral” rating on shares of Fidelity National Information Servcs in a report on Wednesday, August 7th. Atlantic Securities began coverage on shares of Fidelity National Information Servcs in a report on Tuesday, September 3rd. They issued an “overweight” rating and a $175.00 target price on the stock. Robert W. Baird raised their target price on shares of Fidelity National Information Servcs from $134.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, July 12th. Oppenheimer set a $148.00 target price on shares of Fidelity National Information Servcs and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Barclays set a $147.00 price target on shares of Fidelity National Information Servcs and gave the company a “buy” rating in a report on Monday, August 12th. Four equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $146.30.

Large investors have recently bought and sold shares of the stock. Rehmann Capital Advisory Group increased its stake in Fidelity National Information Servcs by 10.1% during the 2nd quarter. Rehmann Capital Advisory Group now owns 884 shares of the information technology services provider’s stock valued at $109,000 after purchasing an additional 81 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Fidelity National Information Servcs by 2.1% in the second quarter. Chicago Partners Investment Group LLC now owns 4,125 shares of the information technology services provider’s stock valued at $541,000 after purchasing an additional 83 shares in the last quarter. Townsquare Capital LLC raised its stake in Fidelity National Information Servcs by 3.3% in the second quarter. Townsquare Capital LLC now owns 2,689 shares of the information technology services provider’s stock valued at $350,000 after purchasing an additional 85 shares in the last quarter. Global Retirement Partners LLC raised its stake in Fidelity National Information Servcs by 46.6% in the first quarter. Global Retirement Partners LLC now owns 283 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 90 shares in the last quarter. Finally, Tdam USA Inc. raised its stake in Fidelity National Information Servcs by 0.7% in the first quarter. Tdam USA Inc. now owns 12,802 shares of the information technology services provider’s stock valued at $1,448,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

About Fidelity National Information Servcs

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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Insider Buying and Selling by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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