Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Ancora Advisors LLC

Ancora Advisors LLC trimmed its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 15.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,053 shares of the information technology services provider’s stock after selling 2,666 shares during the quarter. Ancora Advisors LLC’s holdings in Fidelity National Information Services were worth $1,117,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FIS. Cadence Bank grew its stake in Fidelity National Information Services by 1.9% during the first quarter. Cadence Bank now owns 7,145 shares of the information technology services provider’s stock worth $530,000 after buying an additional 132 shares during the period. Manchester Capital Management LLC grew its stake in Fidelity National Information Services by 6.8% during the first quarter. Manchester Capital Management LLC now owns 2,233 shares of the information technology services provider’s stock worth $166,000 after buying an additional 143 shares during the period. SageView Advisory Group LLC grew its stake in Fidelity National Information Services by 1.3% during the first quarter. SageView Advisory Group LLC now owns 11,497 shares of the information technology services provider’s stock worth $853,000 after buying an additional 148 shares during the period. Brown Brothers Harriman & Co. grew its stake in Fidelity National Information Services by 14.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 1,317 shares of the information technology services provider’s stock worth $79,000 after buying an additional 166 shares during the period. Finally, CKW Financial Group lifted its position in shares of Fidelity National Information Services by 10.5% during the first quarter. CKW Financial Group now owns 2,100 shares of the information technology services provider’s stock worth $153,000 after purchasing an additional 200 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Up 0.1 %

Shares of FIS stock opened at $76.83 on Thursday. The company has a market cap of $42.74 billion, a P/E ratio of -7.51, a PEG ratio of 0.79 and a beta of 1.06. The stock has a 50 day simple moving average of $75.87 and a two-hundred day simple moving average of $71.14. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.52 and a current ratio of 1.52. Fidelity National Information Services, Inc. has a fifty-two week low of $46.91 and a fifty-two week high of $78.73.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Monday, May 6th. The information technology services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $0.96 by $0.14. Fidelity National Information Services had a positive return on equity of 13.91% and a negative net margin of 54.14%. The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the previous year, the company posted $1.29 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. Research analysts forecast that Fidelity National Information Services, Inc. will post 4.94 earnings per share for the current year.

Insider Activity

In other news, Director Jeffrey A. Goldstein purchased 719 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were purchased at an average price of $76.81 per share, with a total value of $55,226.39. Following the transaction, the director now directly owns 9,771 shares of the company’s stock, valued at $750,510.51. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on FIS shares. Robert W. Baird boosted their target price on shares of Fidelity National Information Services from $78.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 7th. Bank of America upped their price target on shares of Fidelity National Information Services from $79.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. William Blair reaffirmed an “outperform” rating on shares of Fidelity National Information Services in a report on Tuesday, May 7th. Mizuho upped their price target on shares of Fidelity National Information Services from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, May 9th. Finally, Stephens reaffirmed an “overweight” rating and issued a $90.00 price target on shares of Fidelity National Information Services in a report on Tuesday, May 7th. Nine equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.42.

Fidelity National Information Services Company 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.