Intrust Bank NA lifted its holdings in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 0.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,003 shares of the information technology services provider’s stock after acquiring an additional 91 shares during the quarter. Intrust Bank NA’s holdings in Fidelity National Information Servcs were worth $1,810,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in FIS. Essex Savings Bank bought a new stake in Fidelity National Information Servcs in the fourth quarter valued at about $25,000. Whittier Trust Co. of Nevada Inc. increased its holdings in Fidelity National Information Servcs by 376.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 248 shares of the information technology services provider’s stock valued at $25,000 after buying an additional 196 shares during the last quarter. We Are One Seven LLC bought a new stake in Fidelity National Information Servcs in the fourth quarter valued at about $27,000. Doyle Wealth Management bought a new stake in Fidelity National Information Servcs in the fourth quarter valued at about $27,000. Finally, Sontag Advisory LLC bought a new stake in Fidelity National Information Servcs in the fourth quarter valued at about $27,000. 92.65% of the stock is currently owned by institutional investors and hedge funds.

FIS stock traded down $1.86 during midday trading on Monday, reaching $118.44. The company had a trading volume of 31,535 shares, compared to its average volume of 2,829,454. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.86. Fidelity National Information Servcs Inc has a fifty-two week low of $94.53 and a fifty-two week high of $121.86. The company has a market cap of $38.93 billion, a P/E ratio of 22.63, a PEG ratio of 1.34 and a beta of 0.65.

Fidelity National Information Servcs (NYSE:FIS) last issued its earnings results on Tuesday, April 30th. The information technology services provider reported $1.64 EPS for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.07. Fidelity National Information Servcs had a return on equity of 18.68% and a net margin of 9.66%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the firm posted $1.09 earnings per share. Fidelity National Information Servcs’s quarterly revenue was down .4% compared to the same quarter last year. Analysts expect that Fidelity National Information Servcs Inc will post 7.46 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $0.35 dividend. The ex-dividend date is Thursday, June 13th. This represents a $1.40 dividend on an annualized basis and a yield of 1.18%. Fidelity National Information Servcs’s payout ratio is currently 26.77%.

In related news, Director Alexandar Navab, Jr. bought 5,075 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was bought at an average cost of $107.22 per share, for a total transaction of $544,141.50. Following the completion of the purchase, the director now directly owns 5,075 shares in the company, valued at approximately $544,141.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.43% of the company’s stock.

Several analysts recently weighed in on the company. Susquehanna Bancshares assumed coverage on Fidelity National Information Servcs in a report on Friday. They issued a “positive” rating and a $140.00 price objective for the company. Moffett Nathanson assumed coverage on Fidelity National Information Servcs in a report on Tuesday, May 21st. They issued a “buy” rating and a $147.00 price objective for the company. Bank of America boosted their price objective on Fidelity National Information Servcs from $139.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. Cantor Fitzgerald boosted their price objective on Fidelity National Information Servcs from $122.00 to $134.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Finally, Wells Fargo & Co boosted their price objective on Fidelity National Information Servcs from $117.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $131.10.

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About Fidelity National Information Servcs

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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