Siemens Fonds Invest GmbH Boosts Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Siemens Fonds Invest GmbH boosted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 611.4% during the 4th quarter, HoldingsChannel reports. The firm owned 62,964 shares of the information technology services provider’s stock after purchasing an additional 54,113 shares during the period. Siemens Fonds Invest GmbH’s holdings in Fidelity National Information Services were worth $5,086,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in FIS. Heck Capital Advisors LLC purchased a new position in shares of Fidelity National Information Services in the fourth quarter worth approximately $2,593,000. Raymond James Financial Inc. purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $451,458,000. Avanza Fonder AB purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $3,227,000. Princeton Global Asset Management LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $2,313,000. Finally, Csenge Advisory Group raised its holdings in Fidelity National Information Services by 44.4% in the 4th quarter. Csenge Advisory Group now owns 13,446 shares of the information technology services provider’s stock worth $1,086,000 after purchasing an additional 4,134 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein acquired 844 shares of the business’s stock in a transaction on Tuesday, April 15th. The shares were acquired at an average price of $72.04 per share, for a total transaction of $60,801.76. Following the completion of the transaction, the director now directly owns 11,942 shares of the company’s stock, valued at approximately $860,301.68. The trade was a 7.60% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $78.68 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $41.34 billion, a price-to-earnings ratio of 30.15, a PEG ratio of 1.23 and a beta of 1.08. Fidelity National Information Services, Inc. has a 1 year low of $66.51 and a 1 year high of $91.98. The stock’s 50 day simple moving average is $74.46 and its two-hundred day simple moving average is $78.46.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 EPS for the quarter, beating the consensus estimate of $1.20 by $0.01. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the business earned $1.33 earnings per share. Fidelity National Information Services’s quarterly revenue was up 2.6% compared to the same quarter last year. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Investors of record on Tuesday, June 10th will be given a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.60 annualized dividend and a yield of 2.03%. Fidelity National Information Services’s dividend payout ratio is currently 105.96%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. TD Cowen raised Fidelity National Information Services from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a report on Monday, April 21st. Royal Bank of Canada cut their price objective on Fidelity National Information Services from $95.00 to $93.00 and set an “outperform” rating for the company in a research note on Wednesday, May 7th. Susquehanna cut shares of Fidelity National Information Services from a “positive” rating to a “neutral” rating and decreased their target price for the stock from $103.00 to $81.00 in a research note on Wednesday, February 12th. Wells Fargo & Company lowered their price target on shares of Fidelity National Information Services from $88.00 to $80.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 12th. Finally, William Blair reissued an “outperform” rating on shares of Fidelity National Information Services in a research note on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and a consensus target price of $91.11.

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.