Sentry Investment Management LLC decreased its stake in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 8.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,562 shares of the information technology services provider’s stock after selling 1,737 shares during the period. Sentry Investment Management LLC’s holdings in Fidelity National Information Servcs were worth $2,212,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc lifted its holdings in Fidelity National Information Servcs by 1.1% during the third quarter. Vanguard Group Inc now owns 24,821,437 shares of the information technology services provider’s stock worth $2,707,274,000 after acquiring an additional 261,868 shares during the period. Lunia Capital LP bought a new stake in Fidelity National Information Servcs during the fourth quarter worth $20,720,000. Geode Capital Management LLC lifted its holdings in Fidelity National Information Servcs by 8.3% during the fourth quarter. Geode Capital Management LLC now owns 4,520,153 shares of the information technology services provider’s stock worth $462,775,000 after acquiring an additional 347,672 shares during the period. FMR LLC lifted its holdings in Fidelity National Information Servcs by 23.2% during the fourth quarter. FMR LLC now owns 4,410,648 shares of the information technology services provider’s stock worth $452,311,000 after acquiring an additional 831,468 shares during the period. Finally, Cantillon Capital Management LLC lifted its holdings in Fidelity National Information Servcs by 0.7% during the fourth quarter. Cantillon Capital Management LLC now owns 4,283,444 shares of the information technology services provider’s stock worth $439,267,000 after acquiring an additional 28,118 shares during the period. 90.04% of the stock is currently owned by institutional investors.

A number of analysts recently commented on FIS shares. Zacks Investment Research lowered Fidelity National Information Servcs from a “hold” rating to a “sell” rating in a report on Wednesday, January 23rd. ValuEngine lowered Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. William Blair reiterated an “outperform” rating on shares of Fidelity National Information Servcs in a report on Tuesday, February 12th. SunTrust Banks lowered Fidelity National Information Servcs from a “buy” rating to a “hold” rating and set a $106.54 price target on the stock. in a report on Tuesday, March 19th. Finally, Guggenheim boosted their target price on Fidelity National Information Servcs to $135.00 and gave the company a “buy” rating in a research note on Friday, March 22nd. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $129.20.

In other news, Director Alexandar Navab, Jr. bought 5,075 shares of the stock in a transaction on Thursday, March 21st. The shares were purchased 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.43% of the company’s stock.

Shares of FIS traded up $2.10 during mid-day trading on Tuesday, hitting $120.42. The stock had a trading volume of 126,649 shares, compared to its average volume of 2,976,038. The firm has a market cap of $38.42 billion, a PE ratio of 23.02, a PEG ratio of 1.33 and a beta of 0.73. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 1.03. Fidelity National Information Servcs Inc has a 52 week low of $94.53 and a 52 week high of $119.78.

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

The company 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 of this dividend is Thursday, June 13th. This represents a $1.40 annualized dividend and a dividend yield of 1.16%. Fidelity National Information Servcs’s payout ratio is presently 26.77%.

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Fidelity National Information Servcs Profile

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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