Fidelity National Information Servcs Inc (FIS) Shares Bought by Macquarie Group Ltd.

Macquarie Group Ltd. lifted its stake in Fidelity National Information Servcs Inc (NYSE:FIS) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 147,987 shares of the information technology services provider’s stock after buying an additional 562 shares during the quarter. Macquarie Group Ltd.’s holdings in Fidelity National Information Servcs were worth $15,176,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Whittier Trust Co. lifted its holdings in Fidelity National Information Servcs by 5.4% in the 4th quarter. Whittier Trust Co. now owns 1,843 shares of the information technology services provider’s stock valued at $189,000 after purchasing an additional 95 shares in the last quarter. Keybank National Association OH raised its stake in Fidelity National Information Servcs by 2.7% during the 4th quarter. Keybank National Association OH now owns 4,457 shares of the information technology services provider’s stock valued at $457,000 after acquiring an additional 118 shares in the last quarter. Annex Advisory Services LLC raised its stake in Fidelity National Information Servcs by 1.1% during the 4th quarter. Annex Advisory Services LLC now owns 10,668 shares of the information technology services provider’s stock valued at $1,094,000 after acquiring an additional 119 shares in the last quarter. Cornerstone Advisors Inc. raised its stake in Fidelity National Information Servcs by 64.4% during the 3rd quarter. Cornerstone Advisors Inc. now owns 319 shares of the information technology services provider’s stock valued at $35,000 after acquiring an additional 125 shares in the last quarter. Finally, Wetherby Asset Management Inc. raised its stake in Fidelity National Information Servcs by 1.7% during the 4th quarter. Wetherby Asset Management Inc. now owns 7,603 shares of the information technology services provider’s stock valued at $780,000 after acquiring an additional 125 shares in the last quarter. 90.23% of the stock is owned by hedge funds and other institutional investors.

Shares of FIS stock opened at $113.78 on Tuesday. Fidelity National Information Servcs Inc has a 1 year low of $93.71 and a 1 year high of $114.01. The firm has a market cap of $36.74 billion, a PE ratio of 21.76, a PEG ratio of 1.27 and a beta of 0.74. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.19 and a current ratio of 1.19.

Fidelity National Information Servcs (NYSE:FIS) last issued its quarterly earnings results on Tuesday, February 12th. The information technology services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.02. Fidelity National Information Servcs had a return on equity of 16.71% and a net margin of 10.06%. The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period last year, the firm earned $1.36 EPS. The firm’s revenue for the quarter was down 7.0% on a year-over-year basis. As a group, research analysts expect that Fidelity National Information Servcs Inc will post 7.43 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, March 14th. This is a boost from Fidelity National Information Servcs’s previous quarterly dividend of $0.32. This represents a $1.40 annualized dividend and a dividend yield of 1.23%. Fidelity National Information Servcs’s dividend payout ratio (DPR) is 26.77%.

Several analysts have weighed in on the company. Guggenheim lifted their target price on Fidelity National Information Servcs to $135.00 and gave the company a “buy” rating in a research note on Friday, March 22nd. Zacks Investment Research raised Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research note on Friday, February 15th. William Blair reaffirmed an “outperform” rating on shares of Fidelity National Information Servcs in a research note on Tuesday, February 12th. Wedbush lifted their target price on Fidelity National Information Servcs from $110.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, March 22nd. Finally, ValuEngine downgraded Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Fidelity National Information Servcs has an average rating of “Buy” and an average target price of $121.96.

In related news, EVP Marc M. Mayo sold 34,826 shares of Fidelity National Information Servcs stock in a transaction on Tuesday, January 15th. The stock was sold at an average price of $105.00, for a total value of $3,656,730.00. Following the transaction, the executive vice president now directly owns 24,594 shares in the company, valued at approximately $2,582,370. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alexandar Navab, Jr. bought 5,075 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The stock was bought at an average price of $107.22 per share, for a total transaction of $544,141.50. Following the completion of the acquisition, the director now directly owns 5,075 shares in the company, valued at $544,141.50. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 282,842 shares of company stock worth $30,621,347. 2.08% of the stock is owned by insiders.

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About Fidelity National Information Servcs

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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

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