Fidelity National Information Servcs Inc (NYSE:FIS) Director David K. Hunt sold 17,000 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $94.53, for a total value of $1,607,010.00. Following the sale, the director now owns 19,154 shares of the company’s stock, valued at $1,810,627.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Fidelity National Information Servcs Inc (NYSE:FIS) opened at $95.25 on Tuesday. The company has a market capitalization of $31,800.00, a PE ratio of 22.58, a P/E/G ratio of 1.79 and a beta of 0.89. Fidelity National Information Servcs Inc has a 1-year low of $75.40 and a 1-year high of $96.67. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.87.

Fidelity National Information Servcs (NYSE:FIS) last issued its quarterly earnings results on Tuesday, October 31st. The information technology services provider reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.12. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.22 billion. Fidelity National Information Servcs had a return on equity of 14.05% and a net margin of 5.82%. Fidelity National Information Servcs’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.00 earnings per share. equities analysts forecast that Fidelity National Information Servcs Inc will post 4.41 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, December 14th. Fidelity National Information Servcs’s dividend payout ratio is currently 72.05%.

Institutional investors and hedge funds have recently modified their holdings of the stock. WFG Advisors LP lifted its holdings in Fidelity National Information Servcs by 99.8% during the 2nd quarter. WFG Advisors LP now owns 1,187 shares of the information technology services provider’s stock worth $101,000 after buying an additional 593 shares during the last quarter. Motco lifted its holdings in Fidelity National Information Servcs by 12.3% during the 2nd quarter. Motco now owns 1,192 shares of the information technology services provider’s stock worth $102,000 after buying an additional 131 shares during the last quarter. BB&T Investment Services Inc. bought a new position in Fidelity National Information Servcs during the 2nd quarter worth approximately $103,000. IFP Advisors Inc lifted its holdings in Fidelity National Information Servcs by 6.8% during the 2nd quarter. IFP Advisors Inc now owns 1,317 shares of the information technology services provider’s stock worth $112,000 after buying an additional 84 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in Fidelity National Information Servcs by 77.0% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,439 shares of the information technology services provider’s stock worth $123,000 after buying an additional 626 shares during the last quarter. 87.89% of the stock is owned by hedge funds and other institutional investors.

FIS has been the subject of a number of recent research reports. Cantor Fitzgerald reiterated a “buy” rating and issued a $108.00 target price on shares of Fidelity National Information Servcs in a research note on Sunday, December 3rd. KeyCorp reiterated a “buy” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, November 1st. Zacks Investment Research upgraded Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research note on Tuesday, October 3rd. Robert W. Baird reiterated a “buy” rating and issued a $102.00 target price on shares of Fidelity National Information Servcs in a research note on Friday, September 8th. Finally, J P Morgan Chase & Co lowered Fidelity National Information Servcs from an “overweight” rating to a “neutral” rating in a research note on Tuesday, December 12th. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $99.20.

TRADEMARK VIOLATION WARNING: “Fidelity National Information Servcs Inc (FIS) Director David K. Hunt Sells 17,000 Shares” was posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://www.watchlistnews.com/fidelity-national-information-servcs-inc-fis-director-david-k-hunt-sells-17000-shares/1772359.html.

Fidelity National Information Servcs Company 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.

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

Receive News & Ratings for Fidelity National Information Servcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Servcs and related companies with MarketBeat.com's FREE daily email newsletter.