North Star Asset Management Inc. decreased its position in Fidelity National Information Services Inc. (NYSE:FIS) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 143,101 shares of the company’s stock after selling 2,535 shares during the period. Fidelity National Information Services makes up approximately 1.2% of North Star Asset Management Inc.’s investment portfolio, making the stock its 20th largest position. North Star Asset Management Inc.’s holdings in Fidelity National Information Services were worth $10,544,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Daiwa SB Investments Ltd. increased its position in Fidelity National Information Services by 8.1% in the second quarter. Daiwa SB Investments Ltd. now owns 1,470 shares of the company’s stock worth $107,000 after buying an additional 110 shares in the last quarter. NN Investment Partners Holdings N.V. acquired a new position in Fidelity National Information Services during the first quarter worth approximately $105,000. Quadrant Capital Group LLC increased its position in Fidelity National Information Services by 5.7% in the second quarter. Quadrant Capital Group LLC now owns 2,165 shares of the company’s stock worth $155,000 after buying an additional 116 shares in the last quarter. Citizens Financial Group Inc RI increased its position in Fidelity National Information Services by 49.5% in the first quarter. Citizens Financial Group Inc RI now owns 2,464 shares of the company’s stock worth $156,000 after buying an additional 816 shares in the last quarter. Finally, Norman Fields Gottscho Capital Management LLC acquired a new position in Fidelity National Information Services during the second quarter worth approximately $213,000. Institutional investors own 86.65% of the company’s stock.

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

Fidelity National Information Services Inc. (NYSE:FIS) traded down 0.78% on Thursday, reaching $76.59. 731,214 shares of the company’s stock traded hands. The company’s 50 day moving average is $77.82 and its 200-day moving average is $74.07. Fidelity National Information Services Inc. has a 52-week low of $55.11 and a 52-week high of $81.67. The stock has a market cap of $25.11 billion, a price-to-earnings ratio of 52.35 and a beta of 0.82.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.03. Fidelity National Information Services had a net margin of 5.75% and a return on equity of 12.37%. The firm earned $2.30 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same period in the previous year, the firm posted $0.74 earnings per share. The business’s revenue was up 49.0% compared to the same quarter last year. Equities analysts expect that Fidelity National Information Services Inc. will post $3.82 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 16th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.35%. The ex-dividend date was Wednesday, September 14th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 68.87%.

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Fidelity National Information Services from $79.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 27th. RBC Capital Markets restated an “outperform” rating and set a $89.00 price objective (up from $80.00) on shares of Fidelity National Information Services in a research note on Wednesday, July 27th. Monness Crespi & Hardt increased their price objective on shares of Fidelity National Information Services from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, July 27th. Compass Point increased their price objective on shares of Fidelity National Information Services from $78.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, July 27th. Finally, Zacks Investment Research downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Monday, July 11th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. Fidelity National Information Services presently has an average rating of “Buy” and an average target price of $86.11.

In other Fidelity National Information Services news, Director Keith W. Hughes sold 10,133 shares of Fidelity National Information Services stock in a transaction on Monday, August 15th. The shares were sold at an average price of $80.05, for a total value of $811,146.65. Following the completion of the sale, the director now directly owns 33,158 shares of the company’s stock, valued at $2,654,297.90. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Anthony M. Jabbour sold 145,000 shares of Fidelity National Information Services stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $75.89, for a total transaction of $11,004,050.00. Following the completion of the sale, the chief operating officer now directly owns 301,754 shares of the company’s stock, valued at $22,900,111.06. The disclosure for this sale can be found here. 2.29% of the stock is currently owned by company insiders.

About Fidelity National Information Services

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury and insurance, as well as providing financial consulting and outsourcing services.

5 Day Chart for NYSE:FIS

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