Blair William & Co. IL Boosts Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Blair William & Co. IL lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 406,420 shares of the information technology services provider’s stock after buying an additional 9,772 shares during the period. Blair William & Co. IL owned approximately 0.08% of Fidelity National Information Services worth $32,827,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Fidelity National Information Services in the fourth quarter worth $451,458,000. KBC Group NV increased its holdings in Fidelity National Information Services by 1,390.5% in the 4th quarter. KBC Group NV now owns 1,180,258 shares of the information technology services provider’s stock valued at $95,330,000 after purchasing an additional 1,101,072 shares in the last quarter. Nordea Investment Management AB raised its position in Fidelity National Information Services by 1,304.8% in the fourth quarter. Nordea Investment Management AB now owns 605,237 shares of the information technology services provider’s stock valued at $48,927,000 after purchasing an additional 562,154 shares during the period. Boston Partners boosted its position in shares of Fidelity National Information Services by 3.9% in the fourth quarter. Boston Partners now owns 11,999,052 shares of the information technology services provider’s stock worth $968,326,000 after buying an additional 446,544 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Fidelity National Information Services by 41.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 895,208 shares of the information technology services provider’s stock valued at $72,306,000 after buying an additional 264,209 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Susquehanna downgraded shares of Fidelity National Information Services from a “positive” rating to a “neutral” rating and lowered their price objective for the company from $103.00 to $81.00 in a research report on Wednesday, February 12th. Compass Point dropped their price target on shares of Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Raymond James cut shares of Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the company from $115.00 to $101.00 in a research report on Monday, January 6th. Stephens dropped their target price on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods lowered their price objective on Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $88.65.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services stock in a transaction on Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the transaction, the director now owns 11,098 shares of the company’s stock, valued at $887,507.06. The trade was a 6.74 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.

Fidelity National Information Services Trading Up 0.8 %

NYSE:FIS opened at $75.17 on Friday. Fidelity National Information Services, Inc. has a 12-month low of $66.51 and a 12-month high of $91.98. 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 business has a 50 day simple moving average of $74.44 and a 200 day simple moving average of $81.19. The firm has a market capitalization of $39.82 billion, a P/E ratio of 28.80, a P/E/G ratio of 1.23 and a beta of 1.10.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. During the same quarter last year, the company earned $0.94 earnings per share. Equities research analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 2.13%. Fidelity National Information Services’s payout ratio is currently 61.30%.

About Fidelity National Information Services

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.