BNP Paribas Arbitrage SA increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 97.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 291,023 shares of the information technology services provider’s stock after purchasing an additional 143,362 shares during the quarter. BNP Paribas Arbitrage SA owned approximately 0.09% of Fidelity National Information Services worth $27,179,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FIS. FDx Advisors Inc. lifted its stake in Fidelity National Information Services by 10.1% in the third quarter. FDx Advisors Inc. now owns 17,467 shares of the information technology services provider’s stock valued at $1,631,000 after acquiring an additional 1,601 shares during the last quarter. Global X MANAGEMENT CO LLC lifted its stake in shares of Fidelity National Information Services by 73.3% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 16,485 shares of the information technology services provider’s stock worth $1,540,000 after buying an additional 6,971 shares during the last quarter. Bessemer Group Inc. increased its position in Fidelity National Information Services by 0.9% during the third quarter. Bessemer Group Inc. now owns 3,554,098 shares of the information technology services provider’s stock worth $331,916,000 after acquiring an additional 32,330 shares during the period. Swiss National Bank increased its position in Fidelity National Information Services by 1.3% during the third quarter. Swiss National Bank now owns 1,577,813 shares of the information technology services provider’s stock worth $147,352,000 after acquiring an additional 20,700 shares during the period. Finally, Jaffetilchin Investment Partners LLC bought a new position in Fidelity National Information Services during the third quarter worth about $526,000. Institutional investors and hedge funds own 86.99% of the company’s stock.

Shares of Fidelity National Information Services, Inc. (NYSE FIS) traded up $0.24 during trading on Friday, reaching $92.76. The company’s stock had a trading volume of 1,800,100 shares, compared to its average volume of 1,518,214. Fidelity National Information Services, Inc. has a fifty-two week low of $73.97 and a fifty-two week high of $96.67. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a market capitalization of $30,889.51, a price-to-earnings ratio of 22.03, a P/E/G ratio of 1.75 and a beta of 0.88.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, October 31st. The information technology services provider reported $1.18 EPS for the quarter, topping the consensus estimate of $1.06 by $0.12. Fidelity National Information Services had a return on equity of 14.05% and a net margin of 5.82%. The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same period last year, the company earned $1.00 EPS. Fidelity National Information Services’s revenue for the quarter was down 4.8% on a year-over-year basis. equities analysts expect that Fidelity National Information Services, Inc. will post 4.41 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.29 per share. The ex-dividend date is Thursday, December 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.25%. Fidelity National Information Services’s payout ratio is currently 71.60%.

Fidelity National Information Services declared that its board has authorized a stock buyback plan on Wednesday, August 2nd that authorizes the company to buyback $4.00 billion in outstanding shares. This buyback authorization authorizes the information technology services provider to reacquire up to 13.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

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In related news, COO Anthony M. Jabbour sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $92.36, for a total value of $9,236,000.00. Following the transaction, the chief operating officer now directly owns 282,689 shares of the company’s stock, valued at approximately $26,109,156.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Stephan A. James sold 18,368 shares of Fidelity National Information Services stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $90.14, for a total value of $1,655,691.52. Following the completion of the sale, the director now directly owns 43,231 shares in the company, valued at approximately $3,896,842.34. The disclosure for this sale can be found here. 2.66% of the stock is owned by insiders.

Several equities analysts have commented on FIS shares. BidaskClub raised shares of Fidelity National Information Services from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th. Zacks Investment Research downgraded shares of Fidelity National Information Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Stephens reiterated a “positive” rating and set a $101.00 target price (up from $93.00) on shares of Fidelity National Information Services in a research report on Thursday, August 3rd. Cowen and Company restated a “buy” rating and issued a $97.00 price target on shares of Fidelity National Information Services in a research report on Thursday, August 3rd. Finally, BMO Capital Markets boosted their price target on shares of Fidelity National Information Services from $92.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $97.19.

Fidelity National Information Services Profile

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.

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Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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