One Wealth Advisors LLC Raises Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

One Wealth Advisors LLC grew its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 20.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,931 shares of the information technology services provider’s stock after purchasing an additional 1,333 shares during the quarter. One Wealth Advisors LLC’s holdings in Fidelity National Information Services were worth $664,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FIS. Rise Advisors LLC purchased a new stake in shares of Fidelity National Information Services in the 1st quarter worth $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $30,000. EdgeRock Capital LLC purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $35,000. Family Firm Inc. purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $35,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of Fidelity National Information Services during the 1st quarter worth $37,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Bank of America upped their price objective on Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Oppenheimer assumed coverage on Fidelity National Information Services in a research note on Tuesday, October 1st. They set a “market perform” rating for the company. Barclays upped their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. Susquehanna upped their target price on Fidelity National Information Services from $86.00 to $88.00 and gave the company a “positive” rating in a research report on Wednesday, August 7th. Finally, Jefferies Financial Group upped their target price on Fidelity National Information Services from $80.00 to $90.00 and gave the company a “hold” rating in a research report on Wednesday. Ten analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average target price of $82.05.

Fidelity National Information Services Price Performance

Shares of NYSE FIS traded down $0.13 during midday trading on Thursday, hitting $89.66. The stock had a trading volume of 652,032 shares, compared to its average volume of 3,783,776. The company has a market capitalization of $49.87 billion, a PE ratio of -8.78, a P/E/G ratio of 0.77 and a beta of 1.08. The stock has a 50 day simple moving average of $82.60 and a 200-day simple moving average of $77.36. Fidelity National Information Services, Inc. has a 1 year low of $46.91 and a 1 year high of $90.29. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.62.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.23 by $0.13. The firm had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Fidelity National Information Services had a return on equity of 13.63% and a net margin of 7.72%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.55 earnings per share. On average, sell-side analysts expect that Fidelity National Information Services, Inc. will post 5.08 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th were paid a $0.36 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.61%. Fidelity National Information Services’s payout ratio is presently -14.08%.

Fidelity National Information Services Company Profile

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.