Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by First Citizens Bank & Trust Co.


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First Citizens Bank & Trust Co. cut its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 13.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,789 shares of the information technology services provider’s stock after selling 1,545 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Fidelity National Information Services were worth $1,385,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FIS. EP Wealth Advisors LLC increased its holdings in shares of Fidelity National Information Services by 3.4% during the third quarter. EP Wealth Advisors LLC now owns 2,320 shares of the information technology services provider’s stock valued at $342,000 after acquiring an additional 76 shares in the last quarter. Sei Investments Co. increased its stake in Fidelity National Information Services by 12.1% during the 3rd quarter. Sei Investments Co. now owns 1,483,991 shares of the information technology services provider’s stock valued at $218,517,000 after purchasing an additional 160,117 shares in the last quarter. TIAA FSB raised its holdings in shares of Fidelity National Information Services by 4.5% in the third quarter. TIAA FSB now owns 89,679 shares of the information technology services provider’s stock worth $13,202,000 after buying an additional 3,825 shares during the last quarter. Rehmann Capital Advisory Group purchased a new position in shares of Fidelity National Information Services in the third quarter worth $202,000. Finally, Fiduciary Trust Co. acquired a new stake in shares of Fidelity National Information Services during the third quarter worth $460,000. 82.76% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE FIS opened at $130.94 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a fifty day moving average of $143.49 and a 200 day moving average of $143.01. The firm has a market cap of $81.25 billion, a PE ratio of -727.44, a PEG ratio of 1.65 and a beta of 0.84. Fidelity National Information Services, Inc. has a one year low of $91.68 and a one year high of $158.21.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Thursday, October 29th. The information technology services provider reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.01. Fidelity National Information Services had a negative net margin of 0.83% and a positive return on equity of 6.88%. The business had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same quarter in the previous year, the company earned $1.43 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis. On average, equities analysts predict that Fidelity National Information Services, Inc. will post 5.48 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 28th. Shareholders of record on Monday, December 14th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, December 11th. This represents a $1.40 annualized dividend and a yield of 1.07%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 24.96%.

In other news, insider Martin Boyd sold 28,715 shares of the firm’s stock in a transaction dated Wednesday, December 16th. The shares were sold at an average price of $142.69, for a total value of $4,097,343.35. Following the transaction, the insider now directly owns 23,605 shares of the company’s stock, valued at $3,368,197.45. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Christopher A. Thompson sold 1,591 shares of the business’s stock in a transaction dated Tuesday, January 5th. The stock was sold at an average price of $139.70, for a total transaction of $222,262.70. Insiders have sold 68,161 shares of company stock valued at $9,776,812 in the last three months. Insiders own 0.70% of the company’s stock.

A number of equities analysts recently issued reports on the company. Raymond James reduced their target price on Fidelity National Information Services from $178.00 to $170.00 and set a “strong-buy” rating for the company in a research note on Friday, October 30th. JPMorgan Chase & Co. lifted their target price on Fidelity National Information Services from $168.00 to $170.00 and gave the stock an “overweight” rating in a report on Tuesday, October 20th. Compass Point began coverage on Fidelity National Information Services in a research report on Thursday, September 17th. They issued a “neutral” rating and a $155.00 target price on the stock. Morgan Stanley raised their price target on shares of Fidelity National Information Services from $128.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Friday, November 13th. Finally, Mizuho upped their price objective on shares of Fidelity National Information Services from $165.00 to $170.00 and gave the company a “buy” rating in a report on Monday, October 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $162.72.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. The Merchant Solutions segment offers merchant acquiring, integrated payment, and global e-commerce solutions.

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

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