Fidelity National Information Servcs Inc (NYSE:FIS) Director Richard N. Massey sold 15,282 shares of the business’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $81.94, for a total transaction of $1,252,207.08. Following the transaction, the director now directly owns 78,942 shares of the company’s stock, valued at approximately $6,468,507.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Fidelity National Information Servcs Inc (NYSE:FIS) traded down 1.15% during midday trading on Monday, reaching $80.89. 927,717 shares of the company’s stock traded hands. The firm has a market capitalization of $26.60 billion, a P/E ratio of 46.95 and a beta of 0.84. The stock’s 50 day moving average price is $81.40 and its 200 day moving average price is $78.10. Fidelity National Information Servcs Inc has a 52-week low of $61.25 and a 52-week high of $83.86.

Fidelity National Information Servcs (NYSE:FIS) last released its quarterly earnings data on Tuesday, February 7th. The company reported $1.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.14. Fidelity National Information Servcs had a return on equity of 13.03% and a net margin of 6.15%. The firm earned $2.40 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same period in the prior year, the company posted $0.93 earnings per share. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. On average, equities research analysts anticipate that Fidelity National Information Servcs Inc will post $4.24 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Fidelity National Information Servcs (NYSE:FIS)

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Friday, March 17th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.42%. The ex-dividend date is Wednesday, March 15th. This is a boost from Fidelity National Information Servcs’s previous quarterly dividend of $0.26. Fidelity National Information Servcs’s dividend payout ratio is presently 60.12%.

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Several brokerages have recently issued reports on FIS. Credit Suisse Group AG raised shares of Fidelity National Information Servcs from a “neutral” rating to an “outperform” rating and set a $88.00 price target for the company in a report on Wednesday, February 8th. Barclays PLC began coverage on shares of Fidelity National Information Servcs in a report on Wednesday, February 8th. They issued an “overweight” rating and a $91.00 price objective for the company. Cantor Fitzgerald set a $89.00 price objective on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a report on Tuesday, February 7th. Zacks Investment Research downgraded shares of Fidelity National Information Servcs from a “hold” rating to a “sell” rating in a report on Tuesday, January 17th. Finally, Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of Fidelity National Information Servcs in a report on Sunday, January 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Fidelity National Information Servcs currently has a consensus rating of “Buy” and a consensus target price of $86.84.

Several hedge funds have recently made changes to their positions in the company. State Street Corp boosted its stake in shares of Fidelity National Information Servcs by 4.7% in the fourth quarter. State Street Corp now owns 12,866,123 shares of the company’s stock valued at $973,195,000 after buying an additional 579,871 shares during the last quarter. FMR LLC boosted its stake in shares of Fidelity National Information Servcs by 0.3% in the fourth quarter. FMR LLC now owns 8,994,259 shares of the company’s stock valued at $680,326,000 after buying an additional 22,515 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Fidelity National Information Servcs by 11.9% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 8,617,722 shares of the company’s stock valued at $663,823,000 after buying an additional 917,848 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Fidelity National Information Servcs by 6.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 7,581,450 shares of the company’s stock valued at $583,999,000 after buying an additional 478,043 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its stake in shares of Fidelity National Information Servcs by 9.3% in the third quarter. BlackRock Fund Advisors now owns 6,502,392 shares of the company’s stock valued at $500,879,000 after buying an additional 553,824 shares during the last quarter. Institutional investors own 87.30% of the company’s stock.

About Fidelity National Information Servcs

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

5 Day Chart for NYSE:FIS

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