Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise decreased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 93.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,373 shares of the information technology services provider’s stock after selling 18,230 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Fidelity National Information Services were worth $115,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Graypoint LLC boosted its holdings in shares of Fidelity National Information Services by 4.6% during the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock worth $253,000 after purchasing an additional 132 shares during the last quarter. Atomi Financial Group Inc. raised its stake in Fidelity National Information Services by 3.4% during the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock valued at $349,000 after buying an additional 135 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in Fidelity National Information Services by 3.9% during the third quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock valued at $308,000 after buying an additional 137 shares in the last quarter. Concord Wealth Partners raised its stake in Fidelity National Information Services by 50.2% during the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock valued at $37,000 after buying an additional 146 shares in the last quarter. Finally, Moody National Bank Trust Division grew its holdings in shares of Fidelity National Information Services by 2.4% during the second quarter. Moody National Bank Trust Division now owns 7,117 shares of the information technology services provider’s stock valued at $536,000 after purchasing an additional 169 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

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 on Tuesday, October 15th. The shares were purchased at an average price of $88.25 per share, with a total value of $55,244.50. Following the acquisition, the director now directly owns 10,397 shares in the company, valued at $917,535.25. The trade was a 6.41 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $2,832,546.03. This represents a 25.99 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.

Fidelity National Information Services Stock Up 0.7 %

NYSE FIS opened at $86.08 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a 50-day simple moving average of $86.96 and a 200 day simple moving average of $80.60. Fidelity National Information Services, Inc. has a twelve month low of $54.65 and a twelve month high of $91.98. The stock has a market cap of $46.34 billion, a PE ratio of 34.29, a PEG ratio of 0.73 and a beta of 1.06.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. During the same quarter last year, the company earned $0.94 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. On average, research analysts forecast that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors 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 1.67%. The ex-dividend date of this dividend is Monday, December 9th. Fidelity National Information Services’s payout ratio is presently 57.37%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports 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 report on Friday, October 18th. Mizuho increased their price target on Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Morgan Stanley increased their price objective on Fidelity National Information Services from $80.00 to $87.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 5th. Compass Point began coverage on Fidelity National Information Services in a report on Wednesday. They issued a “buy” rating and a $126.00 target price for the company. Finally, Bank of America upped their price target on shares of Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average target price of $91.50.

Fidelity National Information Services Profile

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.