Fidelity National Information Services Inc. (NYSE:FIS) EVP Gregory G. Montana sold 1,488 shares of the firm’s stock in a transaction dated Friday, November 4th. The stock was sold at an average price of $74.90, for a total transaction of $111,451.20. Following the transaction, the executive vice president now owns 17,355 shares of the company’s stock, valued at approximately $1,299,889.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fidelity National Information Services Inc. (NYSE:FIS) opened at 76.90 on Thursday. The firm has a market cap of $25.21 billion, a price-to-earnings ratio of 52.56 and a beta of 0.88. The stock has a 50 day moving average of $76.31 and a 200 day moving average of $75.69. Fidelity National Information Services Inc. has a one year low of $55.11 and a one year high of $81.67.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, November 1st. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.02. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.41 billion. Fidelity National Information Services had a net margin of 5.38% and a return on equity of 12.15%. The firm’s revenue for the quarter was up 46.2% on a year-over-year basis. During the same quarter last year, the business posted $0.90 EPS. Equities research analysts predict that Fidelity National Information Services Inc. will post $3.83 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Fidelity National Information Services (NYSE:FIS)

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Friday, December 16th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, December 14th. Fidelity National Information Services’s payout ratio is 71.72%.

A number of brokerages have commented on FIS. Wedbush began coverage on shares of Fidelity National Information Services in a research note on Thursday, September 8th. They set an “outperform” rating and a $92.00 price target for the company. Deutsche Bank AG lifted their target price on shares of Fidelity National Information Services from $72.00 to $80.00 and gave the company a “hold” rating in a research note on Wednesday, July 27th. Zacks Investment Research upgraded shares of Fidelity National Information Services from a “sell” rating to a “hold” rating and set a $84.00 target price for the company in a research note on Wednesday, November 2nd. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $85.00 target price (up previously from $80.00) on shares of Fidelity National Information Services in a research note on Monday, July 25th. Finally, Royal Bank Of Canada lifted their target price on shares of Fidelity National Information Services from $80.00 to $89.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $85.79.

Institutional investors have recently modified their holdings of the stock. Financial Architects Inc increased its position in shares of Fidelity National Information Services by 30.2% in the third quarter. Financial Architects Inc now owns 1,359 shares of the company’s stock valued at $104,000 after buying an additional 315 shares during the last quarter. Daiwa SB Investments Ltd. increased its position in shares of 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 valued at $107,000 after buying an additional 110 shares during the last quarter. Ropes Wealth Advisors LLC bought a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $130,000. Point72 Asia Hong Kong Ltd increased its position in shares of Fidelity National Information Services by 800.0% in the second quarter. Point72 Asia Hong Kong Ltd now owns 1,800 shares of the company’s stock valued at $133,000 after buying an additional 1,600 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. increased its position in shares of Fidelity National Information Services by 18.1% in the second quarter. NN Investment Partners Holdings N.V. now owns 1,961 shares of the company’s stock valued at $144,000 after buying an additional 300 shares during the last quarter. 87.31% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services Company Profile

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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