Fidelity National Information Services, Inc. (NYSE:FIS) Shares Purchased by Czech National Bank

Czech National Bank boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 116,726 shares of the information technology services provider’s stock after acquiring an additional 5,589 shares during the quarter. Czech National Bank’s holdings in Fidelity National Information Services were worth $9,428,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RMR Wealth Builders raised its holdings in Fidelity National Information Services by 16.5% in the 4th quarter. RMR Wealth Builders now owns 16,344 shares of the information technology services provider’s stock valued at $1,320,000 after buying an additional 2,313 shares during the period. Hilltop National Bank lifted its holdings in shares of Fidelity National Information Services by 5.8% in the 4th quarter. Hilltop National Bank now owns 18,743 shares of the information technology services provider’s stock worth $1,514,000 after acquiring an additional 1,031 shares during the last quarter. ST Germain D J Co. Inc. boosted its position in shares of Fidelity National Information Services by 1,927.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 1,946 shares of the information technology services provider’s stock worth $157,000 after purchasing an additional 1,850 shares during the period. CWA Asset Management Group LLC increased its holdings in Fidelity National Information Services by 567.1% in the 4th quarter. CWA Asset Management Group LLC now owns 28,860 shares of the information technology services provider’s stock valued at $2,331,000 after purchasing an additional 24,534 shares during the last quarter. Finally, Nordea Investment Management AB raised its position in Fidelity National Information Services by 1,304.8% in the fourth quarter. Nordea Investment Management AB now owns 605,237 shares of the information technology services provider’s stock valued at $48,927,000 after purchasing an additional 562,154 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $78.48 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a 52-week low of $58.24 and a 52-week high of $91.98. The stock has a 50 day moving average price of $83.63 and a 200 day moving average price of $82.27. The company has a market capitalization of $42.25 billion, a price-to-earnings ratio of 31.27, a price-to-earnings-growth ratio of 0.72 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same period last year, the firm posted $0.94 EPS. The company’s revenue was up 3.1% on a year-over-year basis. Research analysts predict that Fidelity National Information Services, Inc. will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were given a $0.36 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.83%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 57.37%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FIS. Barclays lifted their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. JPMorgan Chase & Co. lifted their target price on Fidelity National Information Services from $89.00 to $99.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Royal Bank of Canada increased their price target on shares of Fidelity National Information Services from $95.00 to $104.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Mizuho lifted their price objective on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, Oppenheimer began coverage on shares of Fidelity National Information Services in a report on Tuesday, October 1st. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

Insider Buying and Selling

In other news, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the sale, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Fidelity National Information Services Company 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.