Asset Management One Co. Ltd. Has $22.73 Million Stock Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Asset Management One Co. Ltd. lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS – Get Rating) by 0.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 300,830 shares of the information technology services provider’s stock after selling 2,685 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Fidelity National Information Services were worth $22,733,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. grew its position in shares of Fidelity National Information Services by 83.3% during the 1st quarter. Brown Brothers Harriman & Co. now owns 286 shares of the information technology services provider’s stock worth $29,000 after buying an additional 130 shares during the period. MV Capital Management Inc. lifted its stake in Fidelity National Information Services by 782.1% in the second quarter. MV Capital Management Inc. now owns 344 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 305 shares in the last quarter. Hexagon Capital Partners LLC lifted its stake in Fidelity National Information Services by 167.1% in the second quarter. Hexagon Capital Partners LLC now owns 398 shares of the information technology services provider’s stock valued at $36,000 after buying an additional 249 shares in the last quarter. American National Bank bought a new position in Fidelity National Information Services in the third quarter valued at approximately $36,000. Finally, Janiczek Wealth Management LLC raised its holdings in shares of Fidelity National Information Services by 86.2% in the second quarter. Janiczek Wealth Management LLC now owns 406 shares of the information technology services provider’s stock valued at $41,000 after purchasing an additional 188 shares during the last quarter. Institutional investors and hedge funds own 90.25% of the company’s stock.

Wall Street Analyst Weigh In

FIS has been the topic of a number of recent research reports. Oppenheimer downgraded shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Friday, November 4th. StockNews.com started coverage on shares of Fidelity National Information Services in a report on Wednesday, October 12th. They set a “hold” rating on the stock. Morgan Stanley boosted their target price on shares of Fidelity National Information Services from $67.00 to $73.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 17th. The Goldman Sachs Group decreased their price objective on shares of Fidelity National Information Services from $114.00 to $82.00 and set a “buy” rating on the stock in a report on Friday, November 4th. Finally, Raymond James upped their price objective on shares of Fidelity National Information Services from $83.00 to $86.00 and gave the company a “strong-buy” rating in a report on Friday, December 16th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $94.96.

Fidelity National Information Services Trading Down 0.1 %

FIS opened at $74.41 on Wednesday. Fidelity National Information Services, Inc. has a twelve month low of $56.53 and a twelve month high of $122.06. The company has a 50-day simple moving average of $68.73 and a 200 day simple moving average of $80.15. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $44.15 billion, a price-to-earnings ratio of 48.63, a P/E/G ratio of 1.03 and a beta of 0.81.

Fidelity National Information Services (NYSE:FIS – Get Rating) last posted its quarterly earnings data on Thursday, November 3rd. The information technology services provider reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.01). Fidelity National Information Services had a return on equity of 9.01% and a net margin of 6.47%. The firm had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.61 billion. Analysts predict that Fidelity National Information Services, Inc. will post 6.63 EPS for the current fiscal year.

Fidelity National Information Services Profile

(Get Rating)

Fidelity National Information Services, Inc engages in the business of technology, solutions and services for merchants, banks and capital markets businesses. It operates through the following segments: Merchant, Banking, Capital Markets, and Corporate and Other. The Merchant segment focuses on serving merchants of all sizes globally, enabling them to accept electronic payments, including credit, debit and prepaid payments originated at a physical point of sale as well as in card-not-present environments such as eCommerce and mobile.