Longview Partners Guernsey LTD Acquires 260,420 Shares of Fidelity National Information Servcs Inc (FIS)

Longview Partners Guernsey LTD increased its holdings in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 2.6% during the 4th quarter, HoldingsChannel reports. The fund owned 10,286,362 shares of the information technology services provider’s stock after acquiring an additional 260,420 shares during the period. Fidelity National Information Servcs accounts for about 5.1% of Longview Partners Guernsey LTD’s portfolio, making the stock its 10th largest position. Longview Partners Guernsey LTD’s holdings in Fidelity National Information Servcs were worth $967,844,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Ameritas Investment Partners Inc. boosted its position in shares of Fidelity National Information Servcs by 0.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 7,626 shares of the information technology services provider’s stock valued at $651,000 after acquiring an additional 63 shares in the last quarter. Hermes Investment Management Ltd. boosted its position in shares of Fidelity National Information Servcs by 7.4% during the 4th quarter. Hermes Investment Management Ltd. now owns 7,527 shares of the information technology services provider’s stock valued at $708,000 after acquiring an additional 516 shares in the last quarter. WASHINGTON TRUST Co boosted its position in shares of Fidelity National Information Servcs by 0.6% during the 4th quarter. WASHINGTON TRUST Co now owns 88,960 shares of the information technology services provider’s stock valued at $8,371,000 after acquiring an additional 518 shares in the last quarter. Nippon Life Insurance Co. boosted its position in shares of Fidelity National Information Servcs by 3.1% during the 3rd quarter. Nippon Life Insurance Co. now owns 17,889 shares of the information technology services provider’s stock valued at $1,671,000 after acquiring an additional 530 shares in the last quarter. Finally, BB&T Corp boosted its position in shares of Fidelity National Information Servcs by 14.6% during the 4th quarter. BB&T Corp now owns 4,338 shares of the information technology services provider’s stock valued at $408,000 after acquiring an additional 554 shares in the last quarter. Institutional investors and hedge funds own 87.62% of the company’s stock.

In related news, EVP Gregory G. Montana sold 58,547 shares of Fidelity National Information Servcs stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $92.54, for a total transaction of $5,417,939.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David K. Hunt sold 17,000 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $94.53, for a total transaction of $1,607,010.00. Following the completion of the transaction, the director now directly owns 19,154 shares of the company’s stock, valued at $1,810,627.62. The disclosure for this sale can be found here. Insiders have sold a total of 79,147 shares of company stock valued at $7,366,481 over the last three months. 2.66% of the stock is currently owned by insiders.

Several analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $108.00 target price on the stock in a research report on Friday. BMO Capital Markets lifted their target price on shares of Fidelity National Information Servcs from $104.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday. They noted that the move was a valuation call. Royal Bank of Canada reiterated a “buy” rating and set a $116.00 target price on shares of Fidelity National Information Servcs in a research report on Wednesday. Robert W. Baird lifted their target price on shares of Fidelity National Information Servcs from $108.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. Finally, Oppenheimer lifted their target price on shares of Fidelity National Information Servcs from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $102.47.

Fidelity National Information Servcs Inc (NYSE FIS) opened at $92.74 on Friday. Fidelity National Information Servcs Inc has a 1-year low of $78.89 and a 1-year high of $103.65. The stock has a market cap of $32,308.45, a PE ratio of 23.66, a P/E/G ratio of 1.56 and a beta of 0.90. The company has a current ratio of 0.92, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings results on Tuesday, February 6th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.02. Fidelity National Information Servcs had a net margin of 14.46% and a return on equity of 14.46%. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the firm posted $1.14 EPS. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. equities analysts predict that Fidelity National Information Servcs Inc will post 5.18 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be issued a dividend of $0.32 per share. This is an increase from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. This represents a $1.28 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, March 15th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 29.59%.

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Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

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Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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