Mizuho Securities USA LLC Acquires 15,647 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Mizuho Securities USA LLC lifted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 44.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 51,024 shares of the information technology services provider’s stock after purchasing an additional 15,647 shares during the period. Mizuho Securities USA LLC’s holdings in Fidelity National Information Services were worth $4,121,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Virtu Financial LLC bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth $799,000. Sciencast Management LP grew its holdings in shares of Fidelity National Information Services by 32.9% during the fourth quarter. Sciencast Management LP now owns 37,694 shares of the information technology services provider’s stock worth $3,045,000 after purchasing an additional 9,338 shares during the last quarter. iA Global Asset Management Inc. grew its holdings in shares of Fidelity National Information Services by 20.3% during the fourth quarter. iA Global Asset Management Inc. now owns 27,731 shares of the information technology services provider’s stock worth $2,240,000 after purchasing an additional 4,686 shares during the last quarter. Magnetar Financial LLC bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth $616,000. Finally, Teacher Retirement System of Texas grew its holdings in shares of Fidelity National Information Services by 763.9% during the fourth quarter. Teacher Retirement System of Texas now owns 32,181 shares of the information technology services provider’s stock worth $2,599,000 after purchasing an additional 28,456 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 1.4 %

Shares of Fidelity National Information Services stock opened at $73.38 on Monday. Fidelity National Information Services, Inc. has a 1 year low of $66.51 and a 1 year high of $91.98. The business has a 50-day moving average of $74.76 and a two-hundred day moving average of $81.39. The company has a market capitalization of $38.87 billion, a P/E ratio of 28.11, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same period in the prior year, the company earned $0.94 earnings per share. As a group, equities analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.18%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 61.30%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FIS. William Blair reaffirmed an “outperform” rating on shares of Fidelity National Information Services in a research note on Tuesday, February 18th. Stephens cut their price target on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Keefe, Bruyette & Woods cut their price target on Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Susquehanna lowered Fidelity National Information Services from a “positive” rating to a “neutral” rating and cut their price target for the company from $103.00 to $81.00 in a research note on Wednesday, February 12th. Finally, Compass Point cut their price target on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $88.65.

Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein acquired 701 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now owns 11,098 shares in the company, valued at $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by corporate insiders.

Fidelity National Information Services Company 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.