GHP Investment Advisors Inc. Sells 1,423 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

GHP Investment Advisors Inc. trimmed its position in Fidelity National Information Services, Inc. (NYSE:FISGet Rating) by 5.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,360 shares of the information technology services provider’s stock after selling 1,423 shares during the period. GHP Investment Advisors Inc.’s holdings in Fidelity National Information Services were worth $2,768,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of FIS. Covestor Ltd bought a new stake in Fidelity National Information Services in the 4th quarter valued at about $35,000. Equitec Proprietary Markets LLC bought a new stake in Fidelity National Information Services in the 4th quarter valued at about $39,000. Cordant Inc. increased its position in Fidelity National Information Services by 8,260.0% in the 4th quarter. Cordant Inc. now owns 418 shares of the information technology services provider’s stock valued at $46,000 after buying an additional 413 shares in the last quarter. Missouri Trust & Investment Co bought a new stake in Fidelity National Information Services in the 4th quarter valued at about $48,000. Finally, Industrial Alliance Investment Management Inc. bought a new stake in Fidelity National Information Services in the 4th quarter valued at about $48,000. 89.51% of the stock is owned by institutional investors and hedge funds.

FIS has been the subject of a number of research analyst reports. KeyCorp decreased their target price on Fidelity National Information Services from $150.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, March 28th. Deutsche Bank Aktiengesellschaft decreased their price objective on Fidelity National Information Services from $155.00 to $116.00 in a report on Wednesday, April 20th. Jefferies Financial Group decreased their price objective on Fidelity National Information Services from $135.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, February 16th. StockNews.com assumed coverage on Fidelity National Information Services in a report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Rosenblatt Securities decreased their price objective on Fidelity National Information Services from $129.00 to $120.00 and set a “neutral” rating for the company in a report on Wednesday, February 16th. Four analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Fidelity National Information Services presently has an average rating of “Buy” and an average target price of $136.96.

Fidelity National Information Services stock traded up $2.53 during trading on Monday, hitting $102.21. The stock had a trading volume of 24,573 shares, compared to its average volume of 3,983,605. Fidelity National Information Services, Inc. has a 1 year low of $85.00 and a 1 year high of $152.20. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average is $99.08 and its two-hundred day moving average is $104.72. The stock has a market cap of $62.43 billion, a price-to-earnings ratio of 67.35, a price-to-earnings-growth ratio of 0.98 and a beta of 0.70.

Fidelity National Information Services (NYSE:FISGet Rating) last posted its quarterly earnings data on Tuesday, May 3rd. The information technology services provider reported $1.47 EPS for the quarter, beating the consensus estimate of $1.46 by $0.01. Fidelity National Information Services had a return on equity of 8.76% and a net margin of 6.43%. The business had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the prior year, the business earned $1.30 earnings per share. Fidelity National Information Services’s revenue for the quarter was up 8.3% on a year-over-year basis. As a group, equities research analysts anticipate that Fidelity National Information Services, Inc. will post 7.32 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 24th. Shareholders of record on Friday, June 10th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, June 9th. This represents a $1.88 annualized dividend and a dividend yield of 1.84%. Fidelity National Information Services’s dividend payout ratio is currently 127.03%.

About Fidelity National Information Services (Get Rating)

Fidelity National Information Services, Inc provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions.

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

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