Nomura Holdings Inc. grew its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 348.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,960 shares of the information technology services provider’s stock after acquiring an additional 19,398 shares during the quarter. Nomura Holdings Inc.’s holdings in Fidelity National Information Services were worth $2,133,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of FIS. Guardian Life Insurance Co. of America increased its holdings in shares of Fidelity National Information Services by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,266 shares of the information technology services provider’s stock valued at $101,000 after acquiring an additional 9 shares during the last quarter. Motco increased its holdings in shares of Fidelity National Information Services by 12.3% in the 2nd quarter. Motco now owns 1,192 shares of the information technology services provider’s stock valued at $102,000 after acquiring an additional 131 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Fidelity National Information Services by 6.8% in the 2nd quarter. IFP Advisors Inc now owns 1,317 shares of the information technology services provider’s stock valued at $112,000 after acquiring an additional 84 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Fidelity National Information Services by 77.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,439 shares of the information technology services provider’s stock valued at $123,000 after acquiring an additional 626 shares during the last quarter. Finally, Balentine LLC increased its holdings in shares of Fidelity National Information Services by 32.2% in the 2nd quarter. Balentine LLC now owns 1,567 shares of the information technology services provider’s stock valued at $134,000 after acquiring an additional 382 shares during the last quarter. Institutional investors and hedge funds own 86.71% of the company’s stock.

Shares of Fidelity National Information Services, Inc. (FIS) traded up 0.37% on Friday, reaching $94.96. The company’s stock had a trading volume of 1,043,485 shares. The stock has a 50-day moving average of $93.05 and a 200 day moving average of $87.53. Fidelity National Information Services, Inc. has a 52 week low of $73.25 and a 52 week high of $95.14. The stock has a market capitalization of $31.57 billion, a price-to-earnings ratio of 47.60 and a beta of 0.85.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Wednesday, August 2nd. The information technology services provider reported $1.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.05. Fidelity National Information Services had a return on equity of 13.49% and a net margin of 7.08%. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period last year, the firm posted $0.90 EPS. The business’s revenue was up 1.6% on a year-over-year basis. On average, analysts expect that Fidelity National Information Services, Inc. will post $4.28 EPS for the current year.

Fidelity National Information Services announced that its board has authorized a share buyback plan on Wednesday, August 2nd that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the information technology services provider to repurchase up to 13.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a dividend of $0.29 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.16 dividend on an annualized basis and a yield of 1.22%. Fidelity National Information Services’s dividend payout ratio is 58.00%.

A number of research firms recently issued reports on FIS. BidaskClub lowered Fidelity National Information Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th. Royal Bank Of Canada restated a “buy” rating and set a $96.00 price objective on shares of Fidelity National Information Services in a research report on Wednesday, July 12th. Cowen and Company restated a “buy” rating and set a $97.00 price objective on shares of Fidelity National Information Services in a research report on Thursday, August 3rd. Robert W. Baird restated a “buy” rating and set a $102.00 price objective on shares of Fidelity National Information Services in a research report on Friday, September 8th. Finally, Zacks Investment Research upgraded Fidelity National Information Services from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a research report on Tuesday, October 3rd. Three investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Fidelity National Information Services presently has an average rating of “Buy” and a consensus price target of $94.67.

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In related news, Director Stephan A. James sold 18,368 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $90.14, for a total transaction of $1,655,691.52. Following the completion of the sale, the director now directly owns 43,231 shares of the company’s stock, valued at approximately $3,896,842.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frank R. Martire sold 400,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $90.34, for a total value of $36,136,000.00. Following the sale, the director now directly owns 202,517 shares of the company’s stock, valued at $18,295,385.78. The disclosure for this sale can be found here. Insiders have sold a total of 520,549 shares of company stock valued at $47,224,679 over the last ninety days. Insiders own 2.66% 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 operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

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

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