Stifel Financial Corp lowered its holdings in Fidelity National Information Servcs Inc (NYSE:FIS) by 2.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 247,159 shares of the information technology services provider’s stock after selling 6,116 shares during the period. Stifel Financial Corp owned about 0.07% of Fidelity National Information Servcs worth $23,078,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in FIS. Strs Ohio grew its position in Fidelity National Information Servcs by 10.1% in the second quarter. Strs Ohio now owns 15,696 shares of the information technology services provider’s stock valued at $1,340,000 after purchasing an additional 1,445 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Fidelity National Information Servcs by 0.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 23,018 shares of the information technology services provider’s stock valued at $1,966,000 after acquiring an additional 93 shares during the period. Bbva Compass Bancshares Inc. grew its position in shares of Fidelity National Information Servcs by 5.2% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 2,303 shares of the information technology services provider’s stock valued at $197,000 after acquiring an additional 114 shares during the period. Rothschild Asset Management Inc. grew its position in shares of Fidelity National Information Servcs by 2.5% in the 2nd quarter. Rothschild Asset Management Inc. now owns 6,074 shares of the information technology services provider’s stock valued at $519,000 after acquiring an additional 148 shares during the period. Finally, Korea Investment CORP grew its position in shares of Fidelity National Information Servcs by 17.6% in the 2nd quarter. Korea Investment CORP now owns 145,584 shares of the information technology services provider’s stock valued at $12,433,000 after acquiring an additional 21,789 shares during the period. 87.89% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Servcs Inc (NYSE:FIS) traded up $1.54 during midday trading on Wednesday, hitting $95.17. 2,017,100 shares of the stock were exchanged, compared to its average volume of 1,522,296. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The firm has a market cap of $31,260.11, a PE ratio of 22.29, a PEG ratio of 1.77 and a beta of 0.89. Fidelity National Information Servcs Inc has a one year low of $73.97 and a one year high of $96.67.

Fidelity National Information Servcs (NYSE:FIS) last posted its earnings results on Tuesday, October 31st. The information technology services provider reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.12. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.22 billion. Fidelity National Information Servcs had a net margin of 5.82% and a return on equity of 14.05%. Fidelity National Information Servcs’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.00 EPS. equities analysts anticipate that Fidelity National Information Servcs Inc will post 4.41 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, December 14th. Fidelity National Information Servcs’s dividend payout ratio is presently 71.60%.

A number of research analysts have recently commented on the stock. Cantor Fitzgerald reissued a “buy” rating and issued a $108.00 price objective on shares of Fidelity National Information Servcs in a research report on Sunday. KeyCorp reissued a “buy” rating on shares of Fidelity National Information Servcs in a research report on Wednesday, November 1st. Oppenheimer lifted their price objective on shares of Fidelity National Information Servcs from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. J P Morgan Chase & Co decreased their price objective on shares of Fidelity National Information Servcs from $106.00 to $103.00 and set an “overweight” rating for the company in a research report on Wednesday, November 1st. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $108.00 price objective (up previously from $100.00) on shares of Fidelity National Information Servcs in a research report on Wednesday, November 1st. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $99.20.

In other news, Director James B. Stallings, Jr. sold 8,486 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $91.87, for a total transaction of $779,608.82. Following the completion of the sale, the director now owns 12,317 shares in the company, valued at approximately $1,131,562.79. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Gregory G. Montana sold 58,547 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $92.54, for a total transaction of $5,417,939.38. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 167,033 shares of company stock valued at $15,433,548. 2.66% of the stock is currently owned by corporate insiders.

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About Fidelity National Information Servcs

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.

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

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