Blair William & Co. IL Boosts Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Blair William & Co. IL lifted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 358,321 shares of the information technology services provider’s stock after buying an additional 5,916 shares during the quarter. Blair William & Co. IL owned about 0.06% of Fidelity National Information Services worth $27,003,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FIS. Rise Advisors LLC purchased a new stake in shares of Fidelity National Information Services during the first quarter worth $29,000. Family Firm Inc. bought a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $35,000. EdgeRock Capital LLC purchased a new stake in Fidelity National Information Services during the 2nd quarter worth about $35,000. Palisade Asset Management LLC bought a new position in Fidelity National Information Services in the 1st quarter worth about $37,000. Finally, Delta Asset Management LLC TN grew its holdings in Fidelity National Information Services by 600.0% during the 4th quarter. Delta Asset Management LLC TN now owns 525 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 450 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FIS. Royal Bank of Canada increased their price target on shares of Fidelity National Information Services from $93.00 to $95.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. raised their price target on shares of Fidelity National Information Services from $85.00 to $89.00 and gave the company an “overweight” rating in a report on Tuesday, August 20th. UBS Group upped their price target on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, August 7th. Bank of America lifted their price objective on Fidelity National Information Services from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Susquehanna upped their target price on Fidelity National Information Services from $86.00 to $88.00 and gave the stock a “positive” rating in a research note on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $81.25.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 719 shares of the company’s stock in a transaction on Monday, July 15th. The stock was acquired at an average price of $76.81 per share, with a total value of $55,226.39. Following the transaction, the director now directly owns 9,771 shares of the company’s stock, valued at approximately $750,510.51. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock opened at $84.43 on Thursday. The stock has a market capitalization of $46.96 billion, a price-to-earnings ratio of -8.25, a price-to-earnings-growth ratio of 0.82 and a beta of 1.08. The company has a fifty day moving average of $78.86 and a 200-day moving average of $75.34. Fidelity National Information Services, Inc. has a 52-week low of $46.91 and a 52-week high of $85.63. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.35 and a current ratio of 1.35.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.13. Fidelity National Information Services had a return on equity of 13.63% and a net margin of 7.72%. The firm had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same period last year, the firm earned $1.55 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Equities research analysts expect that Fidelity National Information Services, Inc. will post 5.08 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Tuesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently -14.08%.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.