Fidelity National Information Servcs Inc (NYSE:FIS) Stock Holdings Boosted by Tiaa Fsb

Tiaa Fsb lifted its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 51.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 144,932 shares of the information technology services provider’s stock after acquiring an additional 49,058 shares during the period. Tiaa Fsb’s holdings in Fidelity National Information Servcs were worth $19,241,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC acquired a new stake in Fidelity National Information Servcs in the first quarter worth about $29,000. Redhawk Wealth Advisors Inc. acquired a new stake in Fidelity National Information Servcs in the second quarter worth about $29,000. Doyle Wealth Management acquired a new stake in Fidelity National Information Servcs in the second quarter worth about $32,000. San Francisco Sentry Investment Group CA lifted its holdings in Fidelity National Information Servcs by 503.6% in the 2nd quarter. San Francisco Sentry Investment Group CA now owns 332 shares of the information technology services provider’s stock valued at $41,000 after acquiring an additional 277 shares during the last quarter. Finally, Pathstone Family Office LLC lifted its holdings in Fidelity National Information Servcs by 1,042.9% in the 2nd quarter. Pathstone Family Office LLC now owns 400 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 365 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

A number of equities research analysts have weighed in on FIS shares. Atlantic Securities started coverage on shares of Fidelity National Information Servcs in a report on Tuesday, September 3rd. They issued an “overweight” rating and a $175.00 price target for the company. Robert W. Baird upped their price target on shares of Fidelity National Information Servcs from $145.00 to $158.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Cantor Fitzgerald upped their price target on shares of Fidelity National Information Servcs from $134.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Zacks Investment Research raised shares of Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $131.00 price target for the company in a report on Wednesday, July 3rd. Finally, SunTrust Banks set a $135.00 price target on shares of Fidelity National Information Servcs and gave the company a “hold” rating in a report on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $148.53.

In other Fidelity National Information Servcs news, insider Mark L. Heimbouch sold 111,586 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $134.28, for a total transaction of $14,983,768.08. Following the completion of the sale, the insider now directly owns 199,168 shares of the company’s stock, valued at $26,744,279.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Lisa Hook sold 6,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $136.14, for a total transaction of $816,840.00. Following the sale, the director now directly owns 6,797 shares of the company’s stock, valued at $925,343.58. The disclosure for this sale can be found here. Insiders have sold 331,737 shares of company stock valued at $44,517,690 over the last ninety days. Insiders own 1.43% of the company’s stock.

FIS stock traded up $1.12 during mid-day trading on Wednesday, reaching $130.65. 17,669 shares of the stock traded hands, compared to its average volume of 3,597,793. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.67. Fidelity National Information Servcs Inc has a 52-week low of $94.53 and a 52-week high of $141.35. The company has a market cap of $80.61 billion, a P/E ratio of 24.99, a P/E/G ratio of 2.52 and a beta of 0.64. The stock’s fifty day moving average is $133.84 and its 200-day moving average is $124.56.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.78 EPS for the quarter, meeting analysts’ consensus estimates of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the firm earned $1.23 earnings per share. The business’s quarterly revenue was up .3% on a year-over-year basis. Equities research analysts expect that Fidelity National Information Servcs Inc will post 5.83 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend was Thursday, September 12th. Fidelity National Information Servcs’s dividend payout ratio is presently 26.77%.

Fidelity National Information Servcs Profile

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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Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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