Fidelity National Information Services, Inc. (NYSE:FIS) Shares Purchased by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,986 shares of the information technology services provider’s stock after purchasing an additional 900 shares during the period. Dynasty Wealth Management LLC’s holdings in Fidelity National Information Services were worth $1,776,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Linscomb Wealth Inc. boosted its position in Fidelity National Information Services by 0.9% during the fourth quarter. Linscomb Wealth Inc. now owns 82,513 shares of the information technology services provider’s stock worth $6,665,000 after acquiring an additional 716 shares during the last quarter. QRG Capital Management Inc. lifted its stake in shares of Fidelity National Information Services by 59.7% during the 4th quarter. QRG Capital Management Inc. now owns 66,341 shares of the information technology services provider’s stock worth $5,358,000 after purchasing an additional 24,793 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Fidelity National Information Services during the fourth quarter worth $12,245,000. Mn Services Vermogensbeheer B.V. grew its position in shares of Fidelity National Information Services by 2.2% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 235,500 shares of the information technology services provider’s stock valued at $19,021,000 after purchasing an additional 5,000 shares during the period. Finally, National Pension Service increased its stake in Fidelity National Information Services by 24.3% in the fourth quarter. National Pension Service now owns 1,137,915 shares of the information technology services provider’s stock valued at $91,909,000 after purchasing an additional 222,435 shares during the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein bought 701 shares of the stock in a transaction dated 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 completion of the acquisition, the director now owns 11,098 shares of the company’s stock, valued at $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Compass Point dropped their price target on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Stephens decreased their price objective on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. 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. Finally, Mizuho upped their price target on shares of 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 research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has an average rating of “Hold” and a consensus price target of $88.43.

Fidelity National Information Services Trading Up 0.5 %

FIS opened at $69.25 on Friday. The stock has a market capitalization of $36.68 billion, a PE ratio of 26.53, a P/E/G ratio of 1.23 and a beta of 1.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. Fidelity National Information Services, Inc. has a 12-month low of $66.38 and a 12-month high of $91.98. The firm’s fifty day moving average price is $77.69 and its 200 day moving average price is $82.33.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. During the same quarter in the previous year, the business earned $0.94 EPS. As a group, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a dividend of $0.40 per share. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio is currently 61.30%.

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.