North Star Asset Management Inc. decreased its position in shares of Fidelity National Information Services Inc. (NYSE:FIS) by 1.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,654 shares of the company’s stock after selling 2,447 shares during the period. Fidelity National Information Services comprises 1.2% of North Star Asset Management Inc.’s investment portfolio, making the stock its 22nd largest position. North Star Asset Management Inc.’s holdings in Fidelity National Information Services were worth $10,835,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in 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 during the period. JPMorgan Chase & Co. boosted its stake in 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 during the period. BlackRock Institutional Trust Company N.A. boosted its stake in Fidelity National Information Services by 6.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 7,699,874 shares of the company’s stock worth $567,327,000 after buying an additional 454,849 shares during the period. BlackRock Fund Advisors boosted its stake in Fidelity National Information Services by 14.7% in the second quarter. BlackRock Fund Advisors now owns 5,948,568 shares of the company’s stock worth $438,290,000 after buying an additional 760,777 shares during the period. Finally, Winslow Capital Management LLC bought a new stake in Fidelity National Information Services during the second quarter worth approximately $375,957,000. Institutional investors and hedge funds own 87.64% of the company’s stock.

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

Fidelity National Information Services Inc. (NYSE:FIS) traded up 0.48% on Wednesday, reaching $75.10. 1,442,311 shares of the company’s stock traded hands. The stock has a market cap of $24.65 billion, a price-to-earnings ratio of 52.01 and a beta of 0.88. The stock has a 50 day moving average price of $76.16 and a 200 day moving average price of $76.05. Fidelity National Information Services Inc. has a 12-month low of $55.11 and a 12-month high of $81.67.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, November 1st. The company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm earned $2.31 billion during 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%. Fidelity National Information Services’s revenue was up 46.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.90 EPS. Analysts forecast that Fidelity National Information Services Inc. will post $3.83 EPS for the current year.

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 paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $1.04 annualized dividend and a dividend yield of 1.38%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 71.72%.

A number of equities research analysts have issued reports on FIS shares. Cantor Fitzgerald started coverage on shares of Fidelity National Information Services in a report on Friday, October 7th. They set a “buy” rating and a $89.00 target price on the stock. Wedbush assumed coverage on shares of Fidelity National Information Services in a research report on Thursday, September 8th. They set an “outperform” rating and a $92.00 price target for the company. Zacks Investment Research lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th. Barclays PLC boosted their price target on shares of Fidelity National Information Services from $88.00 to $96.00 and gave the company an “overweight” rating in a research report on Monday, September 26th. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $85.00 target price (up from $80.00) on shares of Fidelity National Information Services in a research report on Monday, July 25th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $85.79.

In related news, COO Anthony M. Jabbour sold 145,000 shares of the business’s stock in a transaction that occurred 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 transaction, the chief operating officer now owns 301,754 shares in the company, valued at approximately $22,900,111.06. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Gregory G. Montana sold 15,904 shares of the business’s stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of $73.77, for a total transaction of $1,173,238.08. Following the transaction, the executive vice president now owns 34,335 shares of the company’s stock, valued at approximately $2,532,892.95. The disclosure for this sale can be found here. Corporate insiders own 2.29% of the company’s stock.

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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