Fidelity National Information Services Inc. (NYSE:FIS) Director James B. Stallings, Jr. sold 10,487 shares of the stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $76.99, for a total transaction of $807,394.13. Following the completion of the transaction, the director now owns 19,858 shares of the company’s stock, valued at $1,528,867.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Fidelity National Information Services Inc. (NYSE:FIS) opened at 74.74 on Wednesday. Fidelity National Information Services Inc. has a 12-month low of $55.11 and a 12-month high of $81.67. The company has a market cap of $24.53 billion, a P/E ratio of 51.76 and a beta of 0.88. The stock’s 50 day moving average is $76.16 and its 200-day moving average is $76.05.

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

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Friday, December 16th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Wednesday, December 14th. Fidelity National Information Services’s dividend payout ratio is currently 71.72%.

A number of analysts recently weighed in on the stock. Barclays PLC raised their target price on shares of Fidelity National Information Services from $83.00 to $88.00 and gave the stock an “overweight” rating in a report on Wednesday, July 27th. Citigroup Inc. raised their target price on shares of Fidelity National Information Services from $79.00 to $91.00 and gave the stock a “buy” rating in a report on Wednesday, July 27th. Zacks Investment Research upgraded shares of Fidelity National Information Services from a “sell” rating to a “buy” rating and set a $90.00 target price for the company in a report on Thursday, July 28th. RBC Capital Markets restated an “outperform” rating and set a $89.00 target price (up from $80.00) on shares of Fidelity National Information Services in a report on Wednesday, July 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Fidelity National Information Services from $79.00 to $84.00 and gave the stock an “overweight” rating in a report on Wednesday, July 27th. Three 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 company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $85.79.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Fidelity National Information Services by 13.4% in the second quarter. Vanguard Group Inc. now owns 28,049,156 shares of the company’s stock worth $2,066,662,000 after buying an additional 3,317,292 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Fidelity National Information Services by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 17,040,873 shares of the company’s stock worth $1,255,571,000 after buying an additional 1,370,146 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Fidelity National Information Services by 11.9% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 8,617,722 shares of the company’s stock worth $663,823,000 after buying an additional 917,848 shares in the last quarter. BlackRock Fund Advisors boosted its position in shares of Fidelity National Information Services by 9.3% in the third quarter. BlackRock Fund Advisors now owns 6,502,392 shares of the company’s stock worth $500,879,000 after buying an additional 553,824 shares in the last quarter. Finally, Winslow Capital Management LLC purchased a new position in shares of Fidelity National Information Services during the second quarter worth about $375,957,000. Hedge funds and other institutional investors own 87.64% of the company’s stock.

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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