News headlines about Fidelity National Information Servcs (NYSE:FIS) have trended somewhat positive this week, AlphaOne reports. The research group, a subsidiary of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fidelity National Information Servcs earned a coverage optimism score of 0.05 on AlphaOne’s scale. AlphaOne also assigned news stories about the company an impact score of 15 out of 100, meaning that recent news coverage is very unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Alpha One Sentiment’s scoring:
- Fidelity National Information Servcs Inc (FIS) Expected to Post Earnings of $0.82 Per Share (americanbankingnews.com)
- Next Support Level for Fidelity National Information Services (FIS) is $79.45 (mysmartrend.com)
- Fidelity National Information Services, Inc. (FIS) Delivers Clear Picture With Technicals – NY Stock News (nystocknews.com)
- Inaugural FIS Impact Awards Recognize Client Innovation and Operational Excellence (finance.yahoo.com)
- Fidelity National Information Services, Inc. closed with a change of 0.13% in the Previous Trading Session – Free Observer (freeobserver.com)
Several research analysts have recently issued reports on the stock. BMO Capital Markets assumed coverage on shares of Fidelity National Information Servcs in a report on Thursday, January 5th. They issued an “outperform” rating and a $92.00 target price on the stock. Barclays PLC assumed coverage on shares of Fidelity National Information Servcs in a report on Wednesday, February 8th. They issued an “overweight” rating and a $91.00 target price on the stock. Guggenheim assumed coverage on shares of Fidelity National Information Servcs in a report on Thursday, March 30th. They issued a “buy” rating and a $90.00 target price on the stock. William Blair restated an “outperform” rating on shares of Fidelity National Information Servcs in a report on Tuesday, March 28th. Finally, Zacks Investment Research cut shares of Fidelity National Information Servcs from a “hold” rating to a “sell” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eighteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $87.68.
Shares of Fidelity National Information Servcs (NYSE:FIS) traded down 0.45% during mid-day trading on Thursday, hitting $80.16. 1,057,989 shares of the stock were exchanged. The stock’s 50 day moving average is $81.28 and its 200 day moving average is $78.37. The firm has a market cap of $26.36 billion, a P/E ratio of 46.52 and a beta of 0.84. Fidelity National Information Servcs has a 12 month low of $63.92 and a 12 month high of $83.86.
Fidelity National Information Servcs (NYSE:FIS) last released its quarterly earnings results on Tuesday, February 7th. The company reported $1.14 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.14. Fidelity National Information Servcs had a return on equity of 13.03% and a net margin of 6.15%. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the prior year, the firm posted $0.93 EPS. Fidelity National Information Servcs’s quarterly revenue was up 30.4% compared to the same quarter last year. Analysts expect that Fidelity National Information Servcs will post $4.25 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Friday, March 17th were paid a $0.29 dividend. This is a positive change from Fidelity National Information Servcs’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, March 15th. This represents a $1.16 dividend on an annualized basis and a yield of 1.45%. Fidelity National Information Servcs’s dividend payout ratio (DPR) is presently 60.12%.
In other Fidelity National Information Servcs news, Director Frank R. Martire sold 219,017 shares of the stock in a transaction on Monday, March 27th. The stock was sold at an average price of $80.02, for a total value of $17,525,740.34. Following the sale, the director now owns 219,272 shares in the company, valued at $17,546,145.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Kathleen T. Thompson sold 3,200 shares of the stock in a transaction on Tuesday, March 14th. The stock was sold at an average price of $82.21, for a total value of $263,072.00. Following the completion of the sale, the senior vice president now owns 8,573 shares in the company, valued at approximately $704,786.33. The disclosure for this sale can be found here. In the last quarter, insiders sold 637,398 shares of company stock worth $51,730,186. Insiders own 2.29% of the company’s stock.
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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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