Executive Wealth Management LLC Has $89,000 Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

Executive Wealth Management LLC boosted its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 36.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 726 shares of the information technology services provider’s stock after buying an additional 194 shares during the quarter. Executive Wealth Management LLC’s holdings in Fidelity National Information Servcs were worth $89,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Chicago Partners Investment Group LLC boosted its holdings in Fidelity National Information Servcs by 2.1% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 4,125 shares of the information technology services provider’s stock valued at $541,000 after purchasing an additional 83 shares during the period. Global Retirement Partners LLC boosted its holdings in Fidelity National Information Servcs by 46.6% in the 1st quarter. Global Retirement Partners LLC now owns 283 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 90 shares during the period. Tdam USA Inc. boosted its holdings in Fidelity National Information Servcs by 0.7% in the 1st quarter. Tdam USA Inc. now owns 12,802 shares of the information technology services provider’s stock valued at $1,448,000 after purchasing an additional 90 shares during the period. Intrust Bank NA boosted its holdings in Fidelity National Information Servcs by 0.6% in the 1st quarter. Intrust Bank NA now owns 16,003 shares of the information technology services provider’s stock valued at $1,810,000 after purchasing an additional 91 shares during the period. Finally, AdvisorNet Financial Inc boosted its holdings in Fidelity National Information Servcs by 12.7% in the 2nd quarter. AdvisorNet Financial Inc now owns 819 shares of the information technology services provider’s stock valued at $100,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 93.03% of the company’s stock.

In related news, Director Gary L. Lauer sold 9,981 shares of Fidelity National Information Servcs stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $135.77, for a total transaction of $1,355,120.37. Following the completion of the transaction, the director now directly owns 18,621 shares of the company’s stock, valued at approximately $2,528,173.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James B. Stallings, Jr. sold 1,240 shares of Fidelity National Information Servcs stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $122.55, for a total transaction of $151,962.00. Following the transaction, the director now directly owns 8,370 shares of the company’s stock, valued at $1,025,743.50. The disclosure for this sale can be found here. Company insiders own 1.43% of the company’s stock.

FIS has been the subject of a number of research reports. Bank of America increased their price target on shares of Fidelity National Information Servcs from $139.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. Robert W. Baird increased their price target on shares of Fidelity National Information Servcs from $134.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, July 12th. Cantor Fitzgerald raised their price objective on shares of Fidelity National Information Servcs from $134.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 8th. Wedbush set a $150.00 price objective on shares of Fidelity National Information Servcs and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Finally, Goldman Sachs Group assumed coverage on shares of Fidelity National Information Servcs in a report on Thursday, July 25th. They set a “buy” rating and a $154.00 price objective for the company. Four analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $143.61.

Shares of NYSE:FIS traded up $2.89 during midday trading on Thursday, reaching $133.57. 115,295 shares of the company’s stock were exchanged, compared to its average volume of 8,227,597. The business has a 50 day moving average price of $129.86. The stock has a market cap of $42.91 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 2.53 and a beta of 0.64. Fidelity National Information Servcs Inc has a 12 month low of $94.53 and a 12 month high of $137.24. The company has a debt-to-equity ratio of 1.67, a current ratio of 3.00 and a quick ratio of 3.00.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The firm had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the firm posted $1.23 EPS. The firm’s quarterly revenue was up .3% on a year-over-year basis. As a group, equities research analysts expect that Fidelity National Information Servcs Inc will post 5.86 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, September 12th. Fidelity National Information Servcs’s dividend payout ratio is currently 26.77%.

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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