Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Centaurus Financial Inc.

Centaurus Financial Inc. cut its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 17.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,889 shares of the information technology services provider’s stock after selling 410 shares during the period. Centaurus Financial Inc.’s holdings in Fidelity National Information Services were worth $158,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of FIS. Dimensional Fund Advisors LP increased its stake in Fidelity National Information Services by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,251,434 shares of the information technology services provider’s stock worth $395,729,000 after buying an additional 249,678 shares in the last quarter. Legal & General Group Plc raised its stake in Fidelity National Information Services by 1.6% in the 2nd quarter. Legal & General Group Plc now owns 4,938,091 shares of the information technology services provider’s stock valued at $372,135,000 after purchasing an additional 75,429 shares during the last quarter. Boston Partners lifted its holdings in Fidelity National Information Services by 642.7% in the 1st quarter. Boston Partners now owns 4,470,605 shares of the information technology services provider’s stock valued at $331,047,000 after purchasing an additional 3,868,683 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Fidelity National Information Services by 449.8% during the third quarter. Raymond James & Associates now owns 4,103,793 shares of the information technology services provider’s stock worth $343,693,000 after buying an additional 3,357,329 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Fidelity National Information Services by 982.6% in the second quarter. The Manufacturers Life Insurance Company now owns 3,895,432 shares of the information technology services provider’s stock worth $293,560,000 after buying an additional 3,535,596 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 0.7 %

Shares of NYSE FIS opened at $85.55 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $46.06 billion, a PE ratio of 34.08, a PEG ratio of 0.71 and a beta of 1.06. Fidelity National Information Services, Inc. has a twelve month low of $55.98 and a twelve month high of $91.98. The stock has a fifty day simple moving average of $86.97 and a 200-day simple moving average of $80.87.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 earnings per share. On average, equities analysts forecast that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Monday, December 9th. Fidelity National Information Services’s payout ratio is currently 57.37%.

Analyst Ratings Changes

A number of analysts have commented on FIS shares. Robert W. Baird increased their price objective on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Susquehanna increased their price target on Fidelity National Information Services from $88.00 to $103.00 and gave the company a “positive” rating in a report on Tuesday, November 5th. Compass Point assumed coverage on Fidelity National Information Services in a research note on Wednesday, November 20th. They set a “buy” rating and a $126.00 price objective on the stock. Mizuho upped their target price on Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, Bank of America lifted their price target on Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.50.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 626 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the purchase, the director now owns 10,397 shares of the company’s stock, valued at $917,535.25. This represents a 6.41 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lenore D. Williams sold 11,305 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the transaction, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by company insiders.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.