GHP Investment Advisors Inc. cut its stake in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,993 shares of the information technology services provider’s stock after selling 521 shares during the period. GHP Investment Advisors Inc.’s holdings in Fidelity National Information Servcs were worth $2,822,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in FIS. Calton & Associates Inc. acquired a new stake in shares of Fidelity National Information Servcs during the fourth quarter worth $123,000. Cerebellum GP LLC acquired a new position in Fidelity National Information Servcs in the fourth quarter valued at about $126,000. Thompson Investment Management Inc. acquired a new position in Fidelity National Information Servcs in the third quarter valued at about $201,000. Virtu Financial LLC acquired a new position in Fidelity National Information Servcs in the fourth quarter valued at about $201,000. Finally, Taurus Asset Management LLC acquired a new position in Fidelity National Information Servcs in the third quarter valued at about $203,000. 88.06% of the stock is owned by institutional investors and hedge funds.
In related news, insider Gary Norcross sold 293,333 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $94.30, for a total transaction of $27,661,301.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephan A. James sold 3,600 shares of the company’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $94.87, for a total value of $341,532.00. Following the sale, the director now owns 29,498 shares in the company, valued at approximately $2,798,475.26. The disclosure for this sale can be found here. Insiders have sold 1,190,007 shares of company stock valued at $116,655,299 over the last ninety days. 2.66% of the stock is owned by insiders.
Fidelity National Information Servcs Inc (NYSE:FIS) opened at $100.41 on Wednesday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $33,525.28, a PE ratio of 25.61, a PEG ratio of 1.63 and a beta of 0.93. Fidelity National Information Servcs Inc has a 52-week low of $78.89 and a 52-week high of $103.65.
Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, February 6th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.02. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Fidelity National Information Servcs had a return on equity of 14.46% and a net margin of 14.46%. Fidelity National Information Servcs’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 earnings per share. research analysts anticipate that Fidelity National Information Servcs Inc will post 5.18 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be given a dividend of $0.32 per share. This is a boost from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. This represents a $1.28 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Thursday, March 15th. Fidelity National Information Servcs’s dividend payout ratio is currently 29.59%.
TRADEMARK VIOLATION WARNING: This report was first published by Markets Daily and is owned by of Markets Daily. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://www.themarketsdaily.com/2018/03/14/ghp-investment-advisors-inc-has-2-82-million-position-in-fidelity-national-information-servcs-inc-fis.html.
Fidelity National Information Servcs Company Profile
Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.
Want to see what other hedge funds are holding FIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Information Servcs Inc (NYSE:FIS).
Receive News & Ratings for Fidelity National Information Servcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Servcs and related companies with MarketBeat.com's FREE daily email newsletter.