Compass Wealth Management LLC Buys 226 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Compass Wealth Management LLC boosted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 0.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,543 shares of the information technology services provider’s stock after purchasing an additional 226 shares during the period. Fidelity National Information Services comprises 1.3% of Compass Wealth Management LLC’s portfolio, making the stock its 21st largest holding. Compass Wealth Management LLC’s holdings in Fidelity National Information Services were worth $5,536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Linden Thomas Advisory Services LLC boosted its position in Fidelity National Information Services by 7.7% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 18,693 shares of the information technology services provider’s stock worth $1,510,000 after purchasing an additional 1,333 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in Fidelity National Information Services by 45.2% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,482 shares of the information technology services provider’s stock valued at $362,000 after buying an additional 1,395 shares during the period. Fifth Third Bancorp increased its holdings in Fidelity National Information Services by 2.5% during the fourth quarter. Fifth Third Bancorp now owns 15,445 shares of the information technology services provider’s stock valued at $1,247,000 after buying an additional 371 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Fidelity National Information Services by 31.1% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,177 shares of the information technology services provider’s stock worth $95,000 after acquiring an additional 279 shares during the period. Finally, CX Institutional grew its position in shares of Fidelity National Information Services by 23.9% during the 4th quarter. CX Institutional now owns 5,477 shares of the information technology services provider’s stock valued at $442,000 after acquiring an additional 1,055 shares during the period. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Robert W. Baird raised their target price on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Susquehanna increased their price target on Fidelity National Information Services from $88.00 to $103.00 and gave the company a “positive” rating in a research note on Tuesday, November 5th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $104.00 price objective on shares of Fidelity National Information Services in a report on Wednesday. Jefferies Financial Group increased their price objective on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the company a “hold” rating in a research report on Wednesday, October 16th. Finally, JPMorgan Chase & Co. boosted their price objective on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $92.00.

Fidelity National Information Services Trading Down 0.1 %

Shares of NYSE:FIS opened at $79.24 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $42.66 billion, a PE ratio of 31.57, a P/E/G ratio of 0.60 and a beta of 1.04. Fidelity National Information Services, Inc. has a 12-month low of $60.39 and a 12-month high of $91.98. The business’s fifty day simple moving average is $82.18 and its 200-day simple moving average is $82.37.

Fidelity National Information Services (NYSE:FIS) last released its quarterly 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 business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations 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 last year, the business earned $0.94 EPS. As a group, equities research analysts predict that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.82%. Fidelity National Information Services’s payout ratio is currently 57.37%.

Insider Buying and Selling

In other 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 transaction of $994,500.85. Following the sale, the executive vice president now directly owns 32,199 shares in the company, valued at $2,832,546.03. This trade represents a 25.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey A. Goldstein purchased 701 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was bought at an average cost of $79.97 per share, with a total value of $56,058.97. Following the acquisition, the director now owns 11,098 shares in the company, valued at $887,507.06. This represents a 6.74 % increase in their position. The disclosure for this purchase can be found here. 0.20% of the stock is currently owned by corporate insiders.

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.