Fidelity National Information Services, Inc. (NYSE:FIS) Director Jeffrey A. Goldstein Buys 701 Shares

Fidelity National Information Services, Inc. (NYSE:FIS) Director Jeffrey A. Goldstein bought 701 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now directly owns 11,098 shares of the company’s stock, valued at $887,507.06. This trade represents a 6.74 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS traded down $0.01 on Friday, reaching $78.70. 3,149,965 shares of the company traded hands, compared to its average volume of 2,464,283. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a market capitalization of $42.37 billion, a PE ratio of 31.35, a P/E/G ratio of 0.59 and a beta of 1.04. The company’s 50 day moving average is $83.31 and its 200-day moving average is $82.22. Fidelity National Information Services, Inc. has a fifty-two week low of $58.24 and a fifty-two week high of $91.98.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, beating 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 business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.56 billion. During the same quarter last year, the company posted $0.94 EPS. Fidelity National Information Services’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.83%. The ex-dividend date was Monday, December 9th. Fidelity National Information Services’s payout ratio is 57.37%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FIS shares. Mizuho increased their price objective on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Morgan Stanley increased their target price on Fidelity National Information Services from $87.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 18th. Oppenheimer initiated coverage on shares of Fidelity National Information Services in a research report on Tuesday, October 1st. They issued a “market perform” rating on the stock. TD Cowen upped their target price on shares of Fidelity National Information Services from $78.00 to $86.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Finally, Wells Fargo & Company initiated coverage on Fidelity National Information Services in a report on Tuesday. They set an “equal weight” rating and a $88.00 price target on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus price target of $92.00.

Institutional Trading of Fidelity National Information Services

A number of hedge funds have recently modified their holdings of the business. Bartlett & CO. Wealth Management LLC raised its position in Fidelity National Information Services by 40.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,458 shares of the information technology services provider’s stock valued at $279,000 after buying an additional 998 shares during the period. MBM Wealth Consultants LLC grew its stake in Fidelity National Information Services by 6.0% during the 4th quarter. MBM Wealth Consultants LLC now owns 4,424 shares of the information technology services provider’s stock valued at $354,000 after acquiring an additional 250 shares in the last quarter. Atomi Financial Group Inc. lifted its position in shares of Fidelity National Information Services by 15.7% in the fourth quarter. Atomi Financial Group Inc. now owns 4,815 shares of the information technology services provider’s stock worth $389,000 after purchasing an additional 653 shares in the last quarter. Alpha Cubed Investments LLC boosted its holdings in shares of Fidelity National Information Services by 8.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 238,032 shares of the information technology services provider’s stock worth $19,226,000 after purchasing an additional 18,191 shares during the period. Finally, Crossmark Global Holdings Inc. grew its position in Fidelity National Information Services by 5.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 54,414 shares of the information technology services provider’s stock valued at $4,395,000 after purchasing an additional 3,038 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

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.