First Hawaiian Bank Has $4.17 Million Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

First Hawaiian Bank trimmed its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,643 shares of the information technology services provider’s stock after selling 9,086 shares during the period. First Hawaiian Bank’s holdings in Fidelity National Information Services were worth $4,171,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Graypoint LLC raised its position in shares of Fidelity National Information Services by 4.6% during the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock worth $253,000 after acquiring an additional 132 shares during the last quarter. Atomi Financial Group Inc. lifted its position in shares of Fidelity National Information Services by 3.4% in the 3rd quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after purchasing an additional 135 shares during the period. Old Port Advisors boosted its stake in shares of Fidelity National Information Services by 4.9% in the 4th quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider’s stock valued at $232,000 after purchasing an additional 135 shares during the last quarter. Aptus Capital Advisors LLC raised its stake in Fidelity National Information Services by 3.9% during the third quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock worth $308,000 after buying an additional 137 shares during the last quarter. Finally, Continuum Advisory LLC lifted its holdings in Fidelity National Information Services by 4.6% in the third quarter. Continuum Advisory LLC now owns 3,182 shares of the information technology services provider’s stock valued at $281,000 after buying an additional 141 shares during the period. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock traded up $0.18 during trading hours on Wednesday, hitting $79.34. 2,801,585 shares of the company’s stock traded hands, compared to its average volume of 2,428,049. The company has a fifty day simple moving average of $84.69 and a 200-day simple moving average of $82.15. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a market capitalization of $42.71 billion, a price-to-earnings ratio of 31.61, a PEG ratio of 0.72 and a beta of 1.04. Fidelity National Information Services, Inc. has a 12-month low of $58.24 and a 12-month high of $91.98.

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

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Monday, December 9th. Fidelity National Information Services’s payout ratio is currently 57.37%.

Insider Buying and Selling

In other Fidelity National Information Services news, EVP Lenore D. Williams sold 11,305 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the transaction, the executive vice president now owns 32,199 shares in the company, valued at $2,832,546.03. This trade represents a 25.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey A. Goldstein purchased 626 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were bought at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the completion of the transaction, the director now owns 10,397 shares of the company’s stock, valued at approximately $917,535.25. This trade represents a 6.41 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. UBS Group increased their price target on Fidelity National Information Services from $80.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Barclays upped their price objective on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. Mizuho raised their target price on Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Stephens upped their price target on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Finally, Oppenheimer initiated coverage on Fidelity National Information Services in a research note on Tuesday, October 1st. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.19.

Fidelity National Information Services 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.