Capitolis Liquid Global Markets LLC bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 937,000 shares of the information technology services provider’s stock, valued at approximately $62,273,000.
Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC grew its stake in shares of Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in shares of Fidelity National Information Services in the third quarter worth about $29,000. GoalVest Advisory LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Fidelity National Information Services by 251.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after buying an additional 362 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new stake in Fidelity National Information Services in the fourth quarter worth about $42,000. 96.23% of the stock is owned by institutional investors.
Fidelity National Information Services Price Performance
Shares of NYSE FIS opened at $38.61 on Thursday. Fidelity National Information Services, Inc. has a twelve month low of $37.91 and a twelve month high of $82.74. The firm has a market cap of $19.96 billion, a P/E ratio of 7.48, a PEG ratio of 0.39 and a beta of 0.78. The company has a 50 day moving average of $43.76 and a 200 day moving average of $52.29. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05.
Fidelity National Information Services Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is 34.11%.
Wall Street Analysts Forecast Growth
Several analysts have commented on FIS shares. UBS Group lowered their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Wolfe Research lowered their price objective on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Royal Bank Of Canada lowered their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Finally, Stephens lowered their price objective on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and an average price target of $61.33.
Check Out Our Latest Stock Analysis on Fidelity National Information Services
About Fidelity National Information Services
Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.
FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.
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