Nilsine Partners LLC Has $248,000 Stock Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Nilsine Partners LLC increased its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 13.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,075 shares of the information technology services provider’s stock after acquiring an additional 371 shares during the quarter. Nilsine Partners LLC’s holdings in Fidelity National Information Services were worth $248,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FIS. Lebenthal Global Advisors LLC increased its stake in shares of Fidelity National Information Services by 10.0% in the fourth quarter. Lebenthal Global Advisors LLC now owns 9,896 shares of the information technology services provider’s stock worth $799,000 after purchasing an additional 903 shares during the period. Mount Yale Investment Advisors LLC increased its position in Fidelity National Information Services by 2.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 10,829 shares of the information technology services provider’s stock worth $875,000 after buying an additional 247 shares during the period. Pacer Advisors Inc. boosted its position in shares of Fidelity National Information Services by 6.4% in the fourth quarter. Pacer Advisors Inc. now owns 43,057 shares of the information technology services provider’s stock valued at $3,478,000 after acquiring an additional 2,599 shares during the period. Cornerstone Wealth Group LLC grew its stake in shares of Fidelity National Information Services by 1.8% in the fourth quarter. Cornerstone Wealth Group LLC now owns 66,317 shares of the information technology services provider’s stock worth $5,356,000 after acquiring an additional 1,182 shares during the last quarter. Finally, KBC Group NV increased its position in Fidelity National Information Services by 1,390.5% during the fourth quarter. KBC Group NV now owns 1,180,258 shares of the information technology services provider’s stock worth $95,330,000 after acquiring an additional 1,101,072 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 0.5 %

Shares of NYSE FIS opened at $80.74 on Thursday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. The company has a market cap of $43.46 billion, a price-to-earnings ratio of 32.17, a price-to-earnings-growth 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 firm’s 50-day simple moving average is $81.92 and its 200 day simple moving average is $82.56.

Fidelity National Information Services (NYSE:FIS) last issued 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 during the quarter, compared to analyst estimates of $2.56 billion. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. Fidelity National Information Services’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.94 earnings per share. On average, research analysts expect that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FIS has been the topic of several research analyst reports. Jefferies Financial Group raised their price target on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. Wells Fargo & Company began coverage on Fidelity National Information Services in a research note on Tuesday, January 14th. They set an “equal weight” rating and a $88.00 price target on the stock. Barclays raised their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Robert W. Baird boosted their price objective on Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Finally, Mizuho raised their target price on Fidelity National Information Services from $91.00 to $104.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. One 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 company presently has an average rating of “Moderate Buy” and a consensus price target of $92.00.

Insider Activity at Fidelity National Information Services

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 owns 32,199 shares of the company’s stock, valued at $2,832,546.03. This trade represents a 25.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services stock in a transaction dated Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, with a total value of $56,058.97. Following the acquisition, the director now directly owns 11,098 shares of the company’s stock, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.20% of the stock is owned by company insiders.

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.