Compass Wealth Management LLC Grows Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Compass Wealth Management LLC increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 68,543 shares of the information technology services provider’s stock after buying an additional 226 shares during the period. Fidelity National Information Services accounts for about 1.3% of Compass Wealth Management LLC’s holdings, making the stock its 21st largest holding. Compass Wealth Management LLC’s holdings in Fidelity National Information Services were worth $5,536,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Avanza Fonder AB purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $3,227,000. CENTRAL TRUST Co boosted its position in shares of Fidelity National Information Services by 757.9% during the 3rd quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock valued at $991,000 after acquiring an additional 10,452 shares during the last quarter. Franklin Resources Inc. increased its position in Fidelity National Information Services by 9.2% during the third quarter. Franklin Resources Inc. now owns 1,339,235 shares of the information technology services provider’s stock worth $117,571,000 after purchasing an additional 112,842 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Fidelity National Information Services by 51.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,747 shares of the information technology services provider’s stock worth $6,344,000 after purchasing an additional 25,701 shares during the period. Finally, Miracle Mile Advisors LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at about $1,002,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In other news, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the transaction, the executive vice president now owns 32,199 shares of the company’s stock, valued at $2,832,546.03. This represents a 25.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey A. Goldstein purchased 701 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were bought at an average cost of $79.97 per share, with a total value of $56,058.97. Following the transaction, the director now directly owns 11,098 shares of the company’s stock, valued at $887,507.06. The trade was a 6.74 % increase in their position. The disclosure for this purchase can be found here. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Stephens increased their price objective on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Wells Fargo & Company initiated coverage on Fidelity National Information Services in a report on Tuesday, January 14th. They set an “equal weight” rating and a $88.00 price target for the company. BNP Paribas lowered shares of Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 20th. Barclays lifted their price target on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Finally, Oppenheimer began coverage on shares of Fidelity National Information Services in a report on Tuesday, October 1st. They issued a “market perform” rating on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $92.00.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $79.24 on Friday. The firm’s fifty day simple moving average is $82.18 and its 200-day simple moving average is $82.37. Fidelity National Information Services, Inc. has a 12 month low of $60.39 and a 12 month high of $91.98. The stock has a market capitalization of $42.66 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 0.60 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18.

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

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Monday, December 9th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 57.37%.

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.