Fidelity National Information Servcs Inc (NYSE:FIS) insider Gary Norcross sold 293,333 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $94.30, for a total transaction of $27,661,301.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Fidelity National Information Servcs Inc (FIS) opened at $96.00 on Thursday. The firm has a market cap of $31,767.59, a P/E ratio of 24.49, a P/E/G ratio of 1.53 and a beta of 0.90. The company has a current ratio of 0.92, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. Fidelity National Information Servcs Inc has a 52-week low of $78.89 and a 52-week high of $103.65.

Fidelity National Information Servcs (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 6th. The information technology services provider reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.02. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. Fidelity National Information Servcs had a net margin of 14.46% and a return on equity of 14.46%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.14 earnings per share. equities analysts expect that Fidelity National Information Servcs Inc will post 5.18 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, March 15th. This is a positive change from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. Fidelity National Information Servcs’s dividend payout ratio (DPR) is presently 29.59%.

A number of analysts have recently issued reports on the stock. Robert W. Baird increased their price target on shares of Fidelity National Information Servcs from $108.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. KeyCorp reissued a “buy” rating on shares of Fidelity National Information Servcs in a research report on Wednesday, November 1st. BMO Capital Markets increased their price target on shares of Fidelity National Information Servcs from $104.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. They noted that the move was a valuation call. Royal Bank of Canada reissued a “buy” rating and issued a $116.00 price target on shares of Fidelity National Information Servcs in a research report on Wednesday, February 7th. Finally, Barclays increased their price target on shares of Fidelity National Information Servcs from $102.00 to $110.00 and gave the stock an “overweight” rating in a research report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $102.47.

Institutional investors and hedge funds have recently modified their holdings of the stock. WFG Advisors LP raised its position in Fidelity National Information Servcs by 99.8% during the second quarter. WFG Advisors LP now owns 1,187 shares of the information technology services provider’s stock valued at $101,000 after acquiring an additional 593 shares in the last quarter. Calton & Associates Inc. bought a new position in Fidelity National Information Servcs during the fourth quarter valued at approximately $123,000. Cerebellum GP LLC bought a new position in Fidelity National Information Servcs during the fourth quarter valued at approximately $126,000. Rockefeller Financial Services Inc. bought a new position in Fidelity National Information Servcs during the third quarter valued at approximately $128,000. Finally, Thompson Investment Management Inc. bought a new position in Fidelity National Information Servcs during the third quarter valued at approximately $201,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

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Fidelity National Information Servcs 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.

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

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