Fidelity National Information Servcs Inc (FIS) Director Sells $160,845.00 in Stock

Fidelity National Information Servcs Inc (NYSE:FIS) Director James B. Stallings, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, June 20th. The stock was sold at an average price of $107.23, for a total value of $160,845.00. Following the completion of the transaction, the director now owns 10,817 shares in the company, valued at $1,159,906.91. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of NYSE:FIS opened at $107.63 on Friday. The stock has a market cap of $35.55 billion, a P/E ratio of 23.09, a P/E/G ratio of 1.71 and a beta of 0.91. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.76. Fidelity National Information Servcs Inc has a one year low of $83.99 and a one year high of $108.00.

Fidelity National Information Servcs (NYSE:FIS) last announced its earnings results on Tuesday, May 1st. The information technology services provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.05 by $0.04. The business had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.04 billion. Fidelity National Information Servcs had a return on equity of 14.98% and a net margin of 15.26%. The company’s revenue was down 3.8% on a year-over-year basis. During the same period last year, the business posted $0.86 EPS. equities analysts forecast that Fidelity National Information Servcs Inc will post 5.22 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 15th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.19%. Fidelity National Information Servcs’s payout ratio is currently 28.96%.

A number of research firms have recently commented on FIS. Oppenheimer raised their price objective on Fidelity National Information Servcs from $105.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, May 9th. Credit Suisse Group raised their price objective on Fidelity National Information Servcs from $113.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, May 9th. Citigroup raised their price objective on Fidelity National Information Servcs from $112.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday, May 2nd. ValuEngine upgraded Fidelity National Information Servcs from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Finally, Stephens restated a “buy” rating and issued a $114.00 price objective on shares of Fidelity National Information Servcs in a report on Thursday, April 5th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $111.75.

Several large investors have recently made changes to their positions in the stock. Eagle Asset Management Inc. raised its holdings in shares of Fidelity National Information Servcs by 21.2% during the 4th quarter. Eagle Asset Management Inc. now owns 3,550 shares of the information technology services provider’s stock valued at $339,000 after buying an additional 620 shares during the period. Moors & Cabot Inc. raised its holdings in shares of Fidelity National Information Servcs by 7.8% during the 4th quarter. Moors & Cabot Inc. now owns 11,874 shares of the information technology services provider’s stock valued at $1,118,000 after buying an additional 855 shares during the period. WealthTrust Fairport LLC raised its holdings in shares of Fidelity National Information Servcs by 1.3% during the 1st quarter. WealthTrust Fairport LLC now owns 70,094 shares of the information technology services provider’s stock valued at $6,750,000 after buying an additional 883 shares during the period. OppenheimerFunds Inc. raised its holdings in shares of Fidelity National Information Servcs by 6.5% during the 4th quarter. OppenheimerFunds Inc. now owns 14,766 shares of the information technology services provider’s stock valued at $1,389,000 after buying an additional 906 shares during the period. Finally, First Republic Investment Management Inc. raised its holdings in shares of Fidelity National Information Servcs by 4.0% during the 4th quarter. First Republic Investment Management Inc. now owns 28,716 shares of the information technology services provider’s stock valued at $2,703,000 after buying an additional 1,096 shares during the period. Institutional investors and hedge funds own 86.10% of the company’s stock.

Fidelity National Information Servcs Company 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.

Insider Buying and Selling by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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