Capital International Ltd. CA Buys 199 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Capital International Ltd. CA raised its stake in Fidelity National Information Services, Inc. (NYSE:FISGet Rating) by 0.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,636 shares of the information technology services provider’s stock after acquiring an additional 199 shares during the quarter. Capital International Ltd. CA’s holdings in Fidelity National Information Services were worth $5,286,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Fidelity National Information Services during the 4th quarter worth approximately $562,481,000. Steadfast Capital Management LP grew its position in shares of Fidelity National Information Services by 11,686.3% during the 1st quarter. Steadfast Capital Management LP now owns 4,055,900 shares of the information technology services provider’s stock worth $407,293,000 after purchasing an additional 4,021,488 shares in the last quarter. Capital International Investors grew its position in shares of Fidelity National Information Services by 12.3% during the 4th quarter. Capital International Investors now owns 34,213,281 shares of the information technology services provider’s stock worth $3,734,671,000 after purchasing an additional 3,742,833 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Fidelity National Information Services by 14.3% during the 1st quarter. Wellington Management Group LLP now owns 24,642,600 shares of the information technology services provider’s stock worth $2,474,610,000 after purchasing an additional 3,075,338 shares in the last quarter. Finally, BlackRock Inc. grew its position in shares of Fidelity National Information Services by 5.7% during the 1st quarter. BlackRock Inc. now owns 56,825,524 shares of the information technology services provider’s stock worth $5,706,419,000 after purchasing an additional 3,050,900 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FIS shares. Citigroup decreased their target price on shares of Fidelity National Information Services to $128.00 in a research report on Tuesday, August 9th. Mizuho reduced their price target on shares of Fidelity National Information Services from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, August 8th. Susquehanna Bancshares reduced their price target on shares of Fidelity National Information Services from $176.00 to $160.00 and set a “positive” rating on the stock in a research report on Tuesday, August 9th. Wells Fargo & Company lowered shares of Fidelity National Information Services from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $96.00 to $88.00 in a research report on Thursday, September 8th. Finally, Oppenheimer reduced their price target on shares of Fidelity National Information Services from $126.00 to $118.00 and set an “outperform” rating on the stock in a research report on Monday, July 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.33.

Insider Buying and Selling

In other Fidelity National Information Services news, CFO James W. Woodall sold 80,000 shares of Fidelity National Information Services stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $90.07, for a total value of $7,205,600.00. Following the completion of the sale, the chief financial officer now directly owns 131,598 shares of the company’s stock, valued at $11,853,031.86. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Fidelity National Information Services news, EVP Lenore D. Williams sold 2,500 shares of Fidelity National Information Services stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $100.00, for a total value of $250,000.00. Following the completion of the sale, the executive vice president now directly owns 21,334 shares of the company’s stock, valued at $2,133,400. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO James W. Woodall sold 80,000 shares of Fidelity National Information Services stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $90.07, for a total transaction of $7,205,600.00. Following the transaction, the chief financial officer now owns 131,598 shares of the company’s stock, valued at $11,853,031.86. The disclosure for this sale can be found here. Insiders sold 207,240 shares of company stock valued at $18,934,354 over the last quarter. Insiders own 0.68% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $87.06 on Thursday. Fidelity National Information Services, Inc. has a twelve month low of $85.00 and a twelve month high of $126.20. The firm has a fifty day simple moving average of $96.29 and a 200 day simple moving average of $97.30. The company has a market capitalization of $52.93 billion, a PE ratio of 63.09, a P/E/G ratio of 0.89 and a beta of 0.78. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.25.

Fidelity National Information Services (NYSE:FISGet Rating) last announced its earnings results on Thursday, August 4th. The information technology services provider reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.01. Fidelity National Information Services had a net margin of 5.88% and a return on equity of 8.95%. The business had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.67 billion. During the same quarter last year, the firm earned $1.61 earnings per share. Fidelity National Information Services’s quarterly revenue was up 7.0% on a year-over-year basis. On average, sell-side analysts forecast that Fidelity National Information Services, Inc. will post 7.07 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Thursday, September 15th. Fidelity National Information Services’s dividend payout ratio is presently 136.23%.

Fidelity National Information Services Company Profile

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Fidelity National Information Services, Inc provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions.

Further Reading

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

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