PNC Financial Services Group Inc. raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 0.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,221 shares of the information technology services provider’s stock after buying an additional 225 shares during the period. PNC Financial Services Group Inc. owned approximately 0.08% of Fidelity National Information Services worth $21,436,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FIS. Bessemer Group Inc. raised its position in Fidelity National Information Services by 21.6% in the fourth quarter. Bessemer Group Inc. now owns 1,329 shares of the information technology services provider’s stock valued at $100,000 after buying an additional 236 shares during the period. Morgan Dempsey Capital Management LLC raised its position in Fidelity National Information Services by 3.6% in the first quarter. Morgan Dempsey Capital Management LLC now owns 1,301 shares of the information technology services provider’s stock valued at $104,000 after buying an additional 45 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in Fidelity National Information Services by 7,464.0% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 105,140 shares of the information technology services provider’s stock valued at $105,000 after buying an additional 103,750 shares during the period. Financial Architects Inc raised its position in Fidelity National Information Services by 0.7% in the first quarter. Financial Architects Inc now owns 1,327 shares of the information technology services provider’s stock valued at $106,000 after buying an additional 9 shares during the period. Finally, North Star Investment Management Corp. raised its position in Fidelity National Information Services by 5.4% in the first quarter. North Star Investment Management Corp. now owns 1,457 shares of the information technology services provider’s stock valued at $116,000 after buying an additional 75 shares during the period. 86.57% of the stock is owned by hedge funds and other institutional investors.

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

Fidelity National Information Services, Inc. (FIS) traded down 0.98% during mid-day trading on Friday, hitting $85.19. 2,316,426 shares of the stock traded hands. The stock has a market capitalization of $28.16 billion, a PE ratio of 43.49 and a beta of 0.83. The company has a 50 day moving average price of $84.51 and a 200-day moving average price of $80.84. Fidelity National Information Services, Inc. has a one year low of $68.03 and a one year high of $87.32.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, May 2nd. The information technology services provider reported $0.86 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.04. Fidelity National Information Services had a net margin of 6.99% and a return on equity of 13.14%. The firm had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the firm posted $0.79 EPS. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. Equities analysts anticipate that Fidelity National Information Services, Inc. will post $4.24 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Wednesday, June 14th. Fidelity National Information Services’s payout ratio is 58.88%.

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Several research firms recently issued reports on FIS. Zacks Investment Research lowered shares of Fidelity National Information Services from a “hold” rating to a “sell” rating in a research report on Tuesday, April 11th. Credit Suisse Group reissued a “buy” rating and issued a $88.00 price target on shares of Fidelity National Information Services in a research report on Thursday, April 27th. Goldman Sachs Group, Inc. (The) lowered shares of Fidelity National Information Services from a “buy” rating to a “neutral” rating and set a $86.00 price target for the company. in a research report on Monday, March 27th. Cantor Fitzgerald reissued a “buy” rating and issued a $89.00 price target on shares of Fidelity National Information Services in a research report on Tuesday, May 2nd. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $94.00 price target (up previously from $92.00) on shares of Fidelity National Information Services in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $88.47.

In other Fidelity National Information Services news, Director James B. Stallings, Jr. sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $85.39, for a total transaction of $85,390.00. Following the sale, the director now directly owns 14,498 shares of the company’s stock, valued at approximately $1,237,984.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gary Norcross sold 250,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $83.06, for a total transaction of $20,765,000.00. Following the sale, the insider now directly owns 557,699 shares in the company, valued at $46,322,478.94. The disclosure for this sale can be found here. Insiders have sold a total of 1,059,367 shares of company stock worth $87,091,589 over the last three months. Insiders own 2.66% of the company’s stock.

About Fidelity National Information Services

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.

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