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Osborn Williams & Donohoe LLC Maintains Position in Fidelity National Information Services, Inc. (FIS)
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Several other large investors also recently modified their holdings of FIS. Financial Architects Inc raised its stake in shares of Fidelity National Information Services by 0.7% in the first quarter. Financial Architects Inc now owns 1,327 shares of the information technology services provider’s stock valued at $106,000 after buying an additional 9 shares during the last quarter. Guardian Life Insurance Co. of America raised its stake in shares of Fidelity National Information Services by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,266 shares of the information technology services provider’s stock valued at $101,000 after buying an additional 9 shares during the last quarter. Huntington National Bank raised its stake in shares of Fidelity National Information Services by 1.0% in the first quarter. Huntington National Bank now owns 1,950 shares of the information technology services provider’s stock valued at $155,000 after buying an additional 20 shares during the last quarter. Private Trust Co. NA raised its stake in shares of Fidelity National Information Services by 0.4% in the second quarter. Private Trust Co. NA now owns 4,986 shares of the information technology services provider’s stock valued at $425,000 after buying an additional 20 shares during the last quarter. Finally, Ronald Blue & Co. LLC raised its stake in shares of Fidelity National Information Services by 0.9% in the first quarter. Ronald Blue & Co. LLC now owns 4,188 shares of the information technology services provider’s stock valued at $333,000 after buying an additional 37 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.
Shares of Fidelity National Information Services, Inc. (NYSE:FIS) traded up 0.21% on Friday, reaching $90.00. 1,033,350 shares of the company’s stock traded hands. Fidelity National Information Services, Inc. has a 52-week low of $73.25 and a 52-week high of $90.27. The firm’s 50-day moving average is $86.49 and its 200-day moving average is $82.62. The stock has a market cap of $29.75 billion, a price-to-earnings ratio of 45.94 and a beta of 0.83.
Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, May 2nd. The information technology services provider reported $0.86 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.04. Fidelity National Information Services had a net margin of 6.99% and a return on equity of 13.14%. The business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the prior year, the company earned $0.79 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. Analysts anticipate that Fidelity National Information Services, Inc. will post $4.25 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.29%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 58.88%.
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Several equities research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Fidelity National Information Services from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Zacks Investment Research lowered shares of Fidelity National Information Services from a “hold” rating to a “sell” rating in a research note on Wednesday. Cantor Fitzgerald restated a “buy” rating and set a $89.00 price target on shares of Fidelity National Information Services in a research note on Tuesday, May 2nd. Royal Bank Of Canada restated a “buy” rating and set a $96.00 price target on shares of Fidelity National Information Services in a research note on Wednesday, July 12th. Finally, Barclays PLC restated a “buy” rating and set a $94.00 price target on shares of Fidelity National Information Services in a research note on Friday, May 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $89.67.
In other news, EVP Michael P. Oates sold 266,712 shares of the stock in a transaction on Friday, May 5th. The shares were sold at an average price of $82.79, for a total value of $22,081,086.48. Following the completion of the sale, the executive vice president now directly owns 312,828 shares of the company’s stock, valued at $25,899,030.12. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director James B. Stallings, Jr. sold 1,000 shares of the stock in a transaction on Friday, May 26th. The stock was sold at an average price of $85.39, for a total transaction of $85,390.00. Following the completion of the sale, the director now directly owns 14,498 shares of the company’s stock, valued at $1,237,984.22. The disclosure for this sale can be found here. Over the last three months, insiders sold 746,501 shares of company stock valued at $61,960,326. Corporate insiders own 2.66% of the company’s stock.
Fidelity National Information Services 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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