Chartwell Investment Partners LLC increased its holdings in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 3.2% during the first quarter, HoldingsChannel.com reports. The fund owned 18,628 shares of the information technology services provider’s stock after buying an additional 570 shares during the period. Chartwell Investment Partners LLC’s holdings in Fidelity National Information Servcs were worth $2,107,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in Fidelity National Information Servcs by 376.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 248 shares of the information technology services provider’s stock worth $25,000 after buying an additional 196 shares during the last quarter. Essex Savings Bank acquired a new stake in Fidelity National Information Servcs in the 4th quarter worth about $25,000. We Are One Seven LLC acquired a new stake in Fidelity National Information Servcs in the 4th quarter worth about $27,000. Doyle Wealth Management acquired a new stake in Fidelity National Information Servcs in the 4th quarter worth about $27,000. Finally, Sontag Advisory LLC acquired a new stake in Fidelity National Information Servcs in the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 90.23% of the company’s stock.

FIS has been the topic of several research analyst reports. Raymond James initiated coverage on Fidelity National Information Servcs in a report on Friday. They issued a “strong-buy” rating and a $131.00 price objective on the stock. Zacks Investment Research cut Fidelity National Information Servcs from a “hold” rating to a “sell” rating in a report on Wednesday, January 23rd. William Blair reiterated an “outperform” rating on shares of Fidelity National Information Servcs in a report on Tuesday, February 12th. ValuEngine cut Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Finally, SunTrust Banks cut Fidelity National Information Servcs from a “buy” rating to a “hold” rating and set a $106.54 price objective on the stock. in a report on Tuesday, March 19th. Three equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $124.81.

FIS opened at $113.14 on Tuesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.19 and a current ratio of 1.19. Fidelity National Information Servcs Inc has a 1-year low of $93.87 and a 1-year high of $115.56. The company has a market capitalization of $36.46 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 1.27 and a beta of 0.74.

Fidelity National Information Servcs (NYSE:FIS) last released its earnings results on Tuesday, February 12th. The information technology services provider reported $1.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.02. Fidelity National Information Servcs had a net margin of 10.06% and a return on equity of 16.71%. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period last year, the company posted $1.36 EPS. The business’s revenue was down 7.0% on a year-over-year basis. Sell-side analysts forecast that Fidelity National Information Servcs Inc will post 7.42 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from Fidelity National Information Servcs’s previous quarterly dividend of $0.32. Fidelity National Information Servcs’s payout ratio is presently 26.77%.

In other news, Director Alexandar Navab, Jr. purchased 5,075 shares of Fidelity National Information Servcs stock in a transaction dated Thursday, March 21st. The shares were purchased at an average price of $107.22 per share, with a total value of $544,141.50. Following the transaction, the director now owns 5,075 shares in the company, valued at $544,141.50. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Gary Norcross sold 88,016 shares of Fidelity National Information Servcs stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $108.56, for a total transaction of $9,555,016.96. Following the sale, the chief executive officer now directly owns 183,887 shares in the company, valued at approximately $19,962,772.72. The disclosure for this sale can be found here. 2.08% of the stock is currently owned by insiders.

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Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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

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