One Wealth Advisors LLC Grows Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

One Wealth Advisors LLC boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 27.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,141 shares of the information technology services provider’s stock after purchasing an additional 2,210 shares during the period. One Wealth Advisors LLC’s holdings in Fidelity National Information Services were worth $819,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FIS. Avanza Fonder AB bought a new position in shares of Fidelity National Information Services in the fourth quarter worth about $3,227,000. CENTRAL TRUST Co increased its stake in Fidelity National Information Services by 757.9% in the 3rd quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock worth $991,000 after buying an additional 10,452 shares in the last quarter. Brighton Jones LLC bought a new stake in Fidelity National Information Services during the fourth quarter valued at about $347,000. Franklin Resources Inc. lifted its position in shares of Fidelity National Information Services by 9.2% in the third quarter. Franklin Resources Inc. now owns 1,339,235 shares of the information technology services provider’s stock valued at $117,571,000 after acquiring an additional 112,842 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Fidelity National Information Services by 51.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,747 shares of the information technology services provider’s stock worth $6,344,000 after acquiring an additional 25,701 shares during the period. 96.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FIS shares. Barclays lifted their target price on Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Royal Bank of Canada restated an “outperform” rating and set a $104.00 target price on shares of Fidelity National Information Services in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods lifted their price target on shares of Fidelity National Information Services from $97.00 to $102.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. JPMorgan Chase & Co. increased their price objective on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Finally, Jefferies Financial Group lifted their target price on Fidelity National Information Services from $80.00 to $90.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.00.

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $81.44 on Monday. The stock has a 50 day moving average price of $81.65 and a 200 day moving average price of $82.66. The firm has a market capitalization of $43.84 billion, a P/E ratio of 32.44, a P/E/G ratio of 0.62 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. Fidelity National Information Services, Inc. has a 52-week low of $60.39 and a 52-week high of $91.98.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.56 billion. During the same period in the prior year, the business posted $0.94 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, sell-side analysts predict that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be issued a $0.40 dividend. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.96%. Fidelity National Information Services’s payout ratio is presently 57.37%.

Insider Buying and Selling

In related news, EVP Lenore D. Williams sold 11,305 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the sale, the executive vice president now directly owns 32,199 shares in the company, valued at $2,832,546.03. This represents a 25.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jeffrey A. Goldstein acquired 701 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was purchased at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the transaction, the director now owns 11,098 shares in the company, valued at approximately $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.20% of the stock is owned by insiders.

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.