4,338 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Purchased by Keyes Stange & Wooten Wealth Management LLC

Keyes Stange & Wooten Wealth Management LLC acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,338 shares of the information technology services provider’s stock, valued at approximately $363,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Camden National Bank acquired a new position in Fidelity National Information Services in the 3rd quarter worth approximately $360,000. Stonebrook Private Inc. acquired a new stake in shares of Fidelity National Information Services in the third quarter worth $1,964,000. Allen Capital Group LLC grew its holdings in shares of Fidelity National Information Services by 175.9% during the third quarter. Allen Capital Group LLC now owns 8,753 shares of the information technology services provider’s stock valued at $733,000 after buying an additional 5,581 shares in the last quarter. Eagle Asset Management Inc. acquired a new position in Fidelity National Information Services during the third quarter valued at $8,375,000. Finally, Banco Santander S.A. purchased a new stake in Fidelity National Information Services in the 3rd quarter worth about $265,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Price Performance

NYSE FIS opened at $86.08 on Friday. The stock has a 50-day simple moving average of $86.96 and a 200 day simple moving average of $80.60. Fidelity National Information Services, Inc. has a twelve month low of $54.65 and a twelve month high of $91.98. The stock has a market capitalization of $46.34 billion, a PE ratio of 34.29, a P/E/G ratio of 0.72 and a beta of 1.06. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. 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 company earned $0.94 earnings per share. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. Research analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. TD Cowen lifted their target price on Fidelity National Information Services from $78.00 to $86.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th. Barclays upped their price objective on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Royal Bank of Canada boosted their price target on shares of Fidelity National Information Services from $95.00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft increased their price objective on Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on Fidelity National Information Services from $89.00 to $99.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and a consensus price target of $91.50.

Insider Activity

In other news, Director Jeffrey A. Goldstein bought 626 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was acquired at an average cost of $88.25 per share, for a total transaction of $55,244.50. Following the completion of the purchase, the director now owns 10,397 shares of the company’s stock, valued at $917,535.25. This trade represents a 6.41 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lenore D. Williams sold 11,305 shares of Fidelity National Information Services stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the sale, the executive vice president now owns 32,199 shares in the company, valued at $2,832,546.03. This represents a 25.99 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

Fidelity National Information Services 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.