WoodTrust Financial Corp Decreases Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

WoodTrust Financial Corp lowered its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 91.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,212 shares of the information technology services provider’s stock after selling 46,233 shares during the period. WoodTrust Financial Corp’s holdings in Fidelity National Information Services were worth $353,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FIS. Cadence Bank raised its position in Fidelity National Information Services by 1.9% during the 1st quarter. Cadence Bank now owns 7,145 shares of the information technology services provider’s stock valued at $530,000 after purchasing an additional 132 shares during the last quarter. Graypoint LLC raised its holdings in shares of Fidelity National Information Services by 4.6% during the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock valued at $253,000 after acquiring an additional 132 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in Fidelity National Information Services by 3.4% in the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after acquiring an additional 135 shares during the period. Manchester Capital Management LLC boosted its holdings in Fidelity National Information Services by 6.8% in the first quarter. Manchester Capital Management LLC now owns 2,233 shares of the information technology services provider’s stock valued at $166,000 after acquiring an additional 143 shares in the last quarter. Finally, Concord Wealth Partners raised its holdings in Fidelity National Information Services by 50.2% in the 3rd quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock worth $37,000 after purchasing an additional 146 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Barclays increased their target price on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. upped their price target on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research note on Tuesday. Mizuho raised their price objective on Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Bank of America upped their target price on shares of Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Ten research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $88.75.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 626 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of $88.25 per share, with a total value of $55,244.50. Following the completion of the purchase, the director now directly owns 10,397 shares of the company’s stock, valued at $917,535.25. This represents a 0.00 % 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 owned by company insiders.

Fidelity National Information Services Trading Down 0.2 %

Shares of NYSE:FIS opened at $86.41 on Thursday. Fidelity National Information Services, Inc. has a 52-week low of $49.91 and a 52-week high of $91.98. The stock has a market capitalization of $47.14 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 0.79 and a beta of 1.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.35 and a current ratio of 1.35. The stock’s 50-day simple moving average is $85.85 and its two-hundred day simple moving average is $79.22.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.11. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.56 billion. During the same period in the previous year, the business posted $0.94 earnings per share. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. Analysts expect that Fidelity National Information Services, Inc. will post 5.09 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be issued a $0.36 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.67%. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

About Fidelity National Information Services

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.