Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 44.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,071 shares of the information technology services provider’s stock after selling 12,664 shares during the quarter. SG Americas Securities LLC’s holdings in Fidelity National Information Services were worth $1,298,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Wealth Advisors LLC increased its position in shares of Fidelity National Information Services by 2.2% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider’s stock valued at $480,000 after acquiring an additional 129 shares during the period. Graypoint LLC increased its holdings in shares of Fidelity National Information Services by 4.6% in the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock valued at $253,000 after purchasing an additional 132 shares during the period. Atomi Financial Group Inc. raised its stake in shares of Fidelity National Information Services by 3.4% in the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after purchasing an additional 135 shares during the last quarter. Old Port Advisors lifted its holdings in shares of Fidelity National Information Services by 4.9% during the fourth quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider’s stock worth $232,000 after purchasing an additional 135 shares during the period. Finally, Aptus Capital Advisors LLC boosted its position in Fidelity National Information Services by 3.9% in the third quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock valued at $308,000 after buying an additional 137 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Susquehanna raised their price target on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the stock a “positive” rating in a research report on Tuesday, November 5th. Raymond James downgraded shares of Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $115.00 to $101.00 in a research report on Monday, January 6th. Barclays increased their price target on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Mizuho boosted their price objective on 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, Keefe, Bruyette & Woods raised their target price on Fidelity National Information Services from $97.00 to $102.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $92.00.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $81.08 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. The stock’s 50 day simple moving average is $82.18 and its 200-day simple moving average is $82.49. The company has a market cap of $43.65 billion, a PE ratio of 32.30, a price-to-earnings-growth ratio of 0.60 and a beta of 1.04. Fidelity National Information Services, Inc. has a 1-year low of $60.39 and a 1-year high of $91.98.

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

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were issued 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 yield of 1.78%. Fidelity National Information Services’s payout ratio is 57.37%.

Insiders Place Their Bets

In other Fidelity National Information Services news, EVP Lenore D. Williams sold 11,305 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was 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 $2,832,546.03. This trade represents a 25.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services stock in a transaction dated Wednesday, January 15th. The shares were bought at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the acquisition, the director now owns 11,098 shares in the company, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.20% of the company’s stock.

About Fidelity National Information Services

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.