Atria Investments Inc Has $3.85 Million Position in Fidelity National Information Services, Inc. $FIS

Atria Investments Inc reduced its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 17.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,347 shares of the information technology services provider’s stock after selling 11,991 shares during the period. Atria Investments Inc’s holdings in Fidelity National Information Services were worth $3,847,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in Fidelity National Information Services during the fourth quarter worth approximately $347,000. Geneos Wealth Management Inc. lifted its holdings in shares of Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after buying an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $302,000. Sequoia Financial Advisors LLC grew its position in Fidelity National Information Services by 54.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 9,607 shares of the information technology services provider’s stock worth $782,000 after purchasing an additional 3,384 shares during the last quarter. Finally, Mutual Advisors LLC acquired a new stake in Fidelity National Information Services during the second quarter worth about $207,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Down 0.4%

Shares of FIS stock opened at $46.74 on Monday. Fidelity National Information Services, Inc. has a 12-month low of $46.16 and a 12-month high of $82.74. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.64. The firm has a fifty day moving average of $61.62 and a 200-day moving average of $65.33. The company has a market capitalization of $24.20 billion, a price-to-earnings ratio of 173.11, a P/E/G ratio of 0.70 and a beta of 0.91.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a yield of 3.8%. Fidelity National Information Services’s payout ratio is currently 592.59%.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein bought 941 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were acquired at an average price of $64.11 per share, with a total value of $60,327.51. Following the completion of the transaction, the director owned 14,529 shares in the company, valued at $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.21% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

FIS has been the subject of several research reports. KeyCorp reaffirmed a “hold” rating on shares of Fidelity National Information Services in a research report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price objective on shares of Fidelity National Information Services in a report on Thursday, January 15th. BNP Paribas Exane cut their price target on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a report on Tuesday, January 20th. Stephens decreased their price objective on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Finally, Citigroup upgraded shares of Fidelity National Information Services to a “hold” rating in a research report on Thursday, October 23rd. Twelve research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $78.33.

Fidelity National Information Services Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.