Moloney Securities Asset Management LLC bought a new position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) during the third quarter, HoldingsChannel.com reports. The firm bought 1,530 shares of the information technology services provider’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Cox Capital Mgt LLC raised its position in shares of Fidelity National Information Servcs by 3.5% during the 2nd quarter. Cox Capital Mgt LLC now owns 6,562 shares of the information technology services provider’s stock valued at $805,000 after buying an additional 219 shares during the period. Swedbank raised its position in Fidelity National Information Servcs by 27.6% in the second quarter. Swedbank now owns 1,222,018 shares of the information technology services provider’s stock valued at $149,917,000 after purchasing an additional 264,272 shares during the period. DNB Asset Management AS raised its position in Fidelity National Information Servcs by 92.6% in the second quarter. DNB Asset Management AS now owns 97,867 shares of the information technology services provider’s stock valued at $12,006,000 after purchasing an additional 47,042 shares during the period. WINTON GROUP Ltd raised its position in Fidelity National Information Servcs by 25.4% in the second quarter. WINTON GROUP Ltd now owns 8,484 shares of the information technology services provider’s stock valued at $1,041,000 after purchasing an additional 1,720 shares during the period. Finally, Carroll Financial Associates Inc. raised its position in Fidelity National Information Servcs by 23.8% in the second quarter. Carroll Financial Associates Inc. now owns 755 shares of the information technology services provider’s stock valued at $92,000 after purchasing an additional 145 shares during the period. Hedge funds and other institutional investors own 92.69% of the company’s stock.

NYSE:FIS traded down $1.26 during midday trading on Friday, reaching $131.09. The company had a trading volume of 632,329 shares, compared to its average volume of 2,937,765. The firm has a market capitalization of $81.09 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 2.68 and a beta of 0.63. The company has a current ratio of 0.86, a quick ratio of 3.00 and a debt-to-equity ratio of 0.34. The stock’s fifty day simple moving average is $131.05 and its 200-day simple moving average is $127.35. Fidelity National Information Servcs Inc has a 12-month low of $94.53 and a 12-month high of $141.35.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings results on Tuesday, November 5th. The information technology services provider reported $1.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.08. The company had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.84 billion. Fidelity National Information Servcs had a return on equity of 12.07% and a net margin of 8.24%. Fidelity National Information Servcs’s revenue for the quarter was up 35.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.33 EPS. As a group, sell-side analysts expect that Fidelity National Information Servcs Inc will post 5.41 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, December 12th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is 26.77%.

In other Fidelity National Information Servcs news, Director Charles Drucker sold 62,816 shares of Fidelity National Information Servcs stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $134.22, for a total transaction of $8,431,163.52. Following the completion of the sale, the director now directly owns 533,516 shares of the company’s stock, valued at approximately $71,608,517.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO James W. Woodall sold 100,499 shares of Fidelity National Information Servcs stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $133.76, for a total value of $13,442,746.24. Following the sale, the chief financial officer now directly owns 157,497 shares of the company’s stock, valued at $21,066,798.72. The disclosure for this sale can be found here. Insiders have sold a total of 321,756 shares of company stock valued at $43,162,570 over the last ninety days. 1.43% of the stock is owned by company insiders.

A number of analysts have issued reports on FIS shares. Citigroup boosted their target price on Fidelity National Information Servcs from $142.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, September 9th. Canaccord Genuity started coverage on Fidelity National Information Servcs in a research report on Thursday, September 12th. They issued a “buy” rating and a $151.00 target price on the stock. Northcoast Research reissued a “neutral” rating on shares of Fidelity National Information Servcs in a research report on Wednesday, August 7th. Bank of America boosted their target price on Fidelity National Information Servcs from $143.00 to $158.00 and gave the company a “buy” rating in a research report on Tuesday, September 10th. Finally, SunTrust Banks set a $135.00 target price on Fidelity National Information Servcs and gave the company a “hold” rating in a research report on Wednesday, August 7th. Four research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. Fidelity National Information Servcs presently has a consensus rating of “Buy” and a consensus price target of $148.38.

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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