Fidelity National Information Servcs Inc (FIS) Position Reduced by Boston Advisors LLC

Boston Advisors LLC decreased its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 42.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 55,608 shares of the information technology services provider’s stock after selling 41,521 shares during the period. Boston Advisors LLC’s holdings in Fidelity National Information Servcs were worth $5,703,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Cornerstone Advisors Inc. boosted its stake in Fidelity National Information Servcs by 64.4% in the 3rd quarter. Cornerstone Advisors Inc. now owns 319 shares of the information technology services provider’s stock worth $35,000 after purchasing an additional 125 shares during the period. DNB Asset Management AS boosted its stake in Fidelity National Information Servcs by 0.5% in the 4th quarter. DNB Asset Management AS now owns 39,912 shares of the information technology services provider’s stock worth $4,093,000 after purchasing an additional 180 shares during the period. Park National Corp OH boosted its stake in Fidelity National Information Servcs by 10.6% in the 4th quarter. Park National Corp OH now owns 2,848 shares of the information technology services provider’s stock worth $292,000 after purchasing an additional 272 shares during the period. Daiwa SB Investments Ltd. boosted its stake in Fidelity National Information Servcs by 15.0% in the 4th quarter. Daiwa SB Investments Ltd. now owns 2,610 shares of the information technology services provider’s stock worth $268,000 after purchasing an additional 340 shares during the period. Finally, Capital Bank & Trust Co boosted its stake in Fidelity National Information Servcs by 43.6% in the 3rd quarter. Capital Bank & Trust Co now owns 1,760 shares of the information technology services provider’s stock worth $192,000 after purchasing an additional 534 shares during the period. 87.98% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on FIS shares. SunTrust Banks raised their price objective on shares of Fidelity National Information Servcs to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 24th. They noted that the move was a valuation call. Wood & Company raised their price objective on shares of Fidelity National Information Servcs to $117.00 and gave the stock a “hold” rating in a research note on Thursday, September 27th. They noted that the move was a valuation call. ValuEngine raised shares of Fidelity National Information Servcs from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Citigroup decreased their price objective on shares of Fidelity National Information Servcs from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Wednesday, October 31st. Finally, Cantor Fitzgerald raised their price objective on shares of Fidelity National Information Servcs from $117.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 31st. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $119.38.

In related news, CAO Kathleen T. Thompson sold 8,482 shares of the business’s stock in a transaction dated Wednesday, December 12th. The stock was sold at an average price of $106.86, for a total value of $906,386.52. Following the transaction, the chief accounting officer now owns 8,917 shares in the company, valued at approximately $952,870.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Gregory G. Montana sold 50,354 shares of the business’s stock in a transaction dated Tuesday, November 13th. The shares were sold at an average price of $105.46, for a total value of $5,310,332.84. The disclosure for this sale can be found here. Company insiders own 2.08% of the company’s stock.

Shares of NYSE:FIS traded down $0.88 during trading on Wednesday, reaching $103.83. 84,503 shares of the company traded hands, compared to its average volume of 1,488,645. The firm has a market capitalization of $33.95 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 1.50 and a beta of 0.86. Fidelity National Information Servcs Inc has a 1-year low of $92.12 and a 1-year high of $110.83. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.89.

Fidelity National Information Servcs (NYSE:FIS) last issued its earnings results on Tuesday, October 30th. The information technology services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.03. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.09 billion. Fidelity National Information Servcs had a net margin of 17.89% and a return on equity of 15.78%. The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the business posted $1.18 EPS. Equities research analysts expect that Fidelity National Information Servcs Inc will post 5.22 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Friday, December 14th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Thursday, December 13th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 28.96%.

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About Fidelity National Information Servcs

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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