Fidelity National Information Services, Inc. (NYSE:FIS) Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 10.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,089 shares of the information technology services provider’s stock after purchasing an additional 3,150 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Fidelity National Information Services were worth $2,490,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIS. Linden Thomas Advisory Services LLC acquired a new position in shares of Fidelity National Information Services during the 2nd quarter valued at about $1,253,000. SG Americas Securities LLC raised its stake in Fidelity National Information Services by 572.2% during the second quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider’s stock worth $16,775,000 after purchasing an additional 189,484 shares during the period. Cibc World Markets Corp boosted its holdings in shares of Fidelity National Information Services by 19.1% in the 4th quarter. Cibc World Markets Corp now owns 747,428 shares of the information technology services provider’s stock valued at $44,898,000 after purchasing an additional 119,974 shares during the last quarter. Parnassus Investments LLC grew its stake in shares of Fidelity National Information Services by 15.3% during the 4th quarter. Parnassus Investments LLC now owns 4,522,916 shares of the information technology services provider’s stock valued at $271,692,000 after buying an additional 598,902 shares during the period. Finally, First Hawaiian Bank increased its holdings in shares of Fidelity National Information Services by 27.4% during the 1st quarter. First Hawaiian Bank now owns 58,091 shares of the information technology services provider’s stock worth $4,309,000 after buying an additional 12,509 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 0.4 %

FIS stock opened at $84.06 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.62. The firm has a 50 day simple moving average of $79.19 and a 200-day simple moving average of $75.50. The company has a market capitalization of $46.76 billion, a P/E ratio of -8.22, a PEG ratio of 0.82 and a beta of 1.08. Fidelity National Information Services, Inc. has a twelve month low of $46.91 and a twelve month high of $85.63.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 6th. The information technology services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.13. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the previous year, the firm earned $1.55 EPS. The company’s revenue was up 2.7% on a year-over-year basis. On average, equities research analysts predict that Fidelity National Information Services, Inc. will post 5.08 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th will be given a $0.36 dividend. The ex-dividend date is Tuesday, September 10th. This represents a $1.44 annualized dividend and a dividend yield of 1.71%. Fidelity National Information Services’s payout ratio is -14.08%.

Insider Activity

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on FIS shares. Barclays boosted their price target on Fidelity National Information Services from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. Susquehanna boosted their target price on Fidelity National Information Services from $86.00 to $88.00 and gave the stock a “positive” rating in a report on Wednesday, August 7th. Morgan Stanley downgraded shares of Fidelity National Information Services from an “overweight” rating to an “equal weight” rating and set a $79.00 target price for the company. in a research report on Monday, July 22nd. Keefe, Bruyette & Woods lifted their price target on shares of Fidelity National Information Services from $85.00 to $88.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Ten analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $81.25.

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.