Transcend Capital Advisors LLC Has $558,000 Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Transcend Capital Advisors LLC increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FISGet Rating) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,083 shares of the information technology services provider’s stock after acquiring an additional 219 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $558,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FIS. Covestor Ltd acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at $35,000. Renaissance Technologies LLC bought a new stake in shares of Fidelity National Information Services in the fourth quarter worth about $26,408,000. Gotham Asset Management LLC increased its holdings in shares of Fidelity National Information Services by 38.3% in the fourth quarter. Gotham Asset Management LLC now owns 4,055 shares of the information technology services provider’s stock worth $443,000 after acquiring an additional 1,123 shares in the last quarter. Siemens Fonds Invest GmbH increased its holdings in shares of Fidelity National Information Services by 1.7% in the fourth quarter. Siemens Fonds Invest GmbH now owns 14,177 shares of the information technology services provider’s stock worth $1,559,000 after acquiring an additional 241 shares in the last quarter. Finally, Atlanta Capital Management Co. L L C grew its holdings in shares of Fidelity National Information Services by 0.4% during the fourth quarter. Atlanta Capital Management Co. L L C now owns 852,685 shares of the information technology services provider’s stock worth $93,071,000 after buying an additional 3,442 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Activity at Fidelity National Information Services

In related news, Director Keith W. Hughes sold 5,337 shares of the stock in a transaction on Thursday, August 18th. The stock was sold at an average price of $100.28, for a total value of $535,194.36. Following the transaction, the director now owns 24,194 shares of the company’s stock, valued at $2,426,174.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Keith W. Hughes sold 5,337 shares of the firm’s stock in a transaction dated Thursday, August 18th. The stock was sold at an average price of $100.28, for a total transaction of $535,194.36. Following the transaction, the director now directly owns 24,194 shares of the company’s stock, valued at $2,426,174.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lenore D. Williams sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $100.00, for a total value of $250,000.00. Following the transaction, the executive vice president now directly owns 21,334 shares in the company, valued at $2,133,400. The disclosure for this sale can be found here. Insiders have sold a total of 207,240 shares of company stock valued at $18,934,354 over the last 90 days. 0.68% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FIS. Susquehanna Bancshares reduced their price target on Fidelity National Information Services from $176.00 to $160.00 and set a “positive” rating for the company in a research report on Tuesday, August 9th. Mizuho lowered their price objective on Fidelity National Information Services from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Monday, August 8th. Oppenheimer decreased their price target on Fidelity National Information Services from $126.00 to $118.00 and set an “outperform” rating on the stock in a research note on Monday, July 25th. Keefe, Bruyette & Woods lowered Fidelity National Information Services from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $120.00 to $98.00 in a research note on Sunday. Finally, Citigroup cut their target price on Fidelity National Information Services to $128.00 in a report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Fidelity National Information Services currently has an average rating of “Moderate Buy” and a consensus target price of $128.33.

Fidelity National Information Services Trading Down 0.8 %

Fidelity National Information Services stock opened at $81.73 on Wednesday. The stock has a market cap of $49.69 billion, a P/E ratio of 59.23, a PEG ratio of 0.82 and a beta of 0.78. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.69 and a current ratio of 0.69. Fidelity National Information Services, Inc. has a fifty-two week low of $80.52 and a fifty-two week high of $126.20. The firm’s fifty day moving average price is $95.54 and its 200-day moving average price is $97.08.

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

Fidelity National Information Services Dividend Announcement

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 $0.47 dividend. The ex-dividend date is Thursday, September 15th. This represents a $1.88 dividend on an annualized basis and a yield of 2.30%. Fidelity National Information Services’s dividend payout ratio is presently 136.23%.

Fidelity National Information Services Company Profile

(Get Rating)

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.

See Also

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

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