8,700 Shares in Fidelity National Information Servcs Inc (NYSE:FIS) Acquired by Polianta Ltd

Polianta Ltd acquired a new position in Fidelity National Information Servcs Inc (NYSE:FIS) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,700 shares of the information technology services provider’s stock, valued at approximately $1,155,000. Fidelity National Information Servcs accounts for about 0.7% of Polianta Ltd’s portfolio, making the stock its 21st biggest position.

Several other institutional investors also recently bought and sold shares of FIS. CIBC Private Wealth Group LLC increased its holdings in shares of Fidelity National Information Servcs by 18.2% during the second quarter. CIBC Private Wealth Group LLC now owns 2,183,177 shares of the information technology services provider’s stock valued at $267,834,000 after acquiring an additional 336,826 shares in the last quarter. Atria Investments LLC increased its holdings in shares of Fidelity National Information Servcs by 93.7% during the second quarter. Atria Investments LLC now owns 14,136 shares of the information technology services provider’s stock valued at $1,872,000 after acquiring an additional 6,837 shares in the last quarter. Accident Compensation Corp increased its holdings in shares of Fidelity National Information Servcs by 306.1% during the first quarter. Accident Compensation Corp now owns 13,400 shares of the information technology services provider’s stock valued at $1,516,000 after acquiring an additional 10,100 shares in the last quarter. Cannell Peter B & Co. Inc. increased its holdings in shares of Fidelity National Information Servcs by 75.2% during the second quarter. Cannell Peter B & Co. Inc. now owns 438,723 shares of the information technology services provider’s stock valued at $53,823,000 after acquiring an additional 188,288 shares in the last quarter. Finally, Dana Investment Advisors Inc. bought a new stake in shares of Fidelity National Information Servcs during the second quarter valued at approximately $3,178,000. 92.69% of the stock is currently owned by institutional investors.

FIS has been the subject of several recent research reports. ValuEngine downgraded Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a report on Friday, August 2nd. Zacks Investment Research upgraded Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $131.00 price objective for the company in a report on Wednesday, July 3rd. Canaccord Genuity initiated coverage on Fidelity National Information Servcs in a report on Thursday, September 12th. They set a “buy” rating and a $151.00 price objective for the company. Raymond James set a $149.00 price objective on Fidelity National Information Servcs and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Cantor Fitzgerald boosted their price objective on Fidelity National Information Servcs from $134.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. Fidelity National Information Servcs presently has a consensus rating of “Buy” and a consensus target price of $148.53.

Fidelity National Information Servcs stock traded up $1.92 during trading on Wednesday, hitting $131.45. 67,847 shares of the company were exchanged, compared to its average volume of 3,597,793. The business’s 50 day moving average is $133.84 and its 200 day moving average is $124.56. Fidelity National Information Servcs Inc has a 52 week low of $94.53 and a 52 week high of $141.35. The company has a market capitalization of $80.61 billion, a P/E ratio of 25.15, a PEG ratio of 2.52 and a beta of 0.64. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.67.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.78. Fidelity National Information Servcs had a return on equity of 20.66% and a net margin of 8.97%. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the company posted $1.23 earnings per share. Fidelity National Information Servcs’s revenue was up .3% compared to the same quarter last year. Equities analysts expect that Fidelity National Information Servcs Inc will post 5.83 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a dividend of $0.35 per share. The ex-dividend date was Thursday, September 12th. This represents a $1.40 annualized dividend and a yield of 1.07%. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 26.77%.

In other Fidelity National Information Servcs news, Director Gary L. Lauer sold 9,981 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $135.77, for a total value of $1,355,120.37. Following the completion of the transaction, the director now owns 18,621 shares in the company, valued at approximately $2,528,173.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles Drucker sold 62,816 shares of the company’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $134.22, for a total value of $8,431,163.52. Following the completion of the transaction, the director now owns 533,516 shares of the company’s stock, valued at approximately $71,608,517.52. The disclosure for this sale can be found here. Insiders have sold 331,737 shares of company stock valued at $44,517,690 in the last quarter. 1.43% of the stock is currently owned by corporate insiders.

Fidelity National Information Servcs 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.

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Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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