Fidelity National Information Services, Inc. (FIS) Shares Bought by New York State Teachers Retirement System

New York State Teachers Retirement System increased its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 0.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 525,193 shares of the information technology services provider’s stock after buying an additional 34 shares during the period. New York State Teachers Retirement System’s holdings in Fidelity National Information Services were worth $41,816,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Guardian Life Insurance Co. of America raised its stake in shares of Fidelity National Information Services by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,266 shares of the information technology services provider’s stock worth $101,000 after buying an additional 9 shares during the last quarter. Morgan Dempsey Capital Management LLC raised its stake in shares of Fidelity National Information Services by 3.6% in the first quarter. Morgan Dempsey Capital Management LLC now owns 1,301 shares of the information technology services provider’s stock worth $104,000 after buying an additional 45 shares during the last quarter. Financial Architects Inc raised its stake in shares of Fidelity National Information Services by 0.7% in the first quarter. Financial Architects Inc now owns 1,327 shares of the information technology services provider’s stock worth $106,000 after buying an additional 9 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Fidelity National Information Services by 21.6% in the fourth quarter. Bessemer Group Inc. now owns 1,329 shares of the information technology services provider’s stock worth $100,000 after buying an additional 236 shares during the last quarter. Finally, North Star Investment Management Corp. raised its stake in shares of Fidelity National Information Services by 5.4% in the first quarter. North Star Investment Management Corp. now owns 1,457 shares of the information technology services provider’s stock worth $116,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

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

Fidelity National Information Services, Inc. (FIS) opened at 84.84 on Monday. Fidelity National Information Services, Inc. has a 12 month low of $68.03 and a 12 month high of $87.32. The company has a market cap of $28.05 billion, a P/E ratio of 43.31 and a beta of 0.83. The stock has a 50 day moving average of $84.56 and a 200-day moving average of $81.03.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, May 2nd. The information technology services provider reported $0.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.04. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.26 billion. Fidelity National Information Services had a net margin of 6.99% and a return on equity of 13.14%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.79 earnings per share. Equities research analysts expect that Fidelity National Information Services, Inc. will post $4.24 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Friday, June 16th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.37%. Fidelity National Information Services’s dividend payout ratio is currently 58.88%.

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A number of brokerages recently commented on FIS. BMO Capital Markets restated an “outperform” rating and set a $94.00 price objective (up from $92.00) on shares of Fidelity National Information Services in a report on Friday, June 16th. Guggenheim started coverage on shares of Fidelity National Information Services in a research note on Thursday, March 30th. They issued a “buy” rating and a $90.00 price target on the stock. Deutsche Bank AG reiterated a “hold” rating and issued a $89.00 price target (up from $80.00) on shares of Fidelity National Information Services in a research note on Wednesday, May 3rd. William Blair reiterated an “outperform” rating on shares of Fidelity National Information Services in a research note on Tuesday, March 28th. Finally, Barclays PLC reiterated a “buy” rating and issued a $94.00 price target on shares of Fidelity National Information Services in a research note on Friday, May 5th. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Fidelity National Information Services has an average rating of “Buy” and a consensus price target of $88.47.

In other news, insider Gary Norcross sold 250,000 shares of the stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $83.06, for a total value of $20,765,000.00. Following the completion of the sale, the insider now owns 557,699 shares in the company, valued at $46,322,478.94. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Michael P. Oates sold 266,712 shares of the stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $82.79, for a total transaction of $22,081,086.48. Following the completion of the sale, the executive vice president now owns 312,828 shares of the company’s stock, valued at approximately $25,899,030.12. The disclosure for this sale can be found here. In the last quarter, insiders sold 746,501 shares of company stock valued at $61,960,326. 2.66% of the stock is currently owned by corporate insiders.

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.

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