111 Capital Purchases Shares of 13,333 Fidelity National Information Services, Inc. (NYSE:FIS)

111 Capital acquired a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 13,333 shares of the information technology services provider's stock, valued at approximately $1,077,000.

Several other large investors also recently added to or reduced their stakes in FIS. Bradley Foster & Sargent Inc. CT grew its position in Fidelity National Information Services by 4.7% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,869 shares of the information technology services provider's stock valued at $232,000 after purchasing an additional 128 shares in the last quarter. Modera Wealth Management LLC grew its holdings in shares of Fidelity National Information Services by 4.8% during the 4th quarter. Modera Wealth Management LLC now owns 2,990 shares of the information technology services provider's stock valued at $242,000 after acquiring an additional 137 shares in the last quarter. Center for Financial Planning Inc. increased its stake in shares of Fidelity National Information Services by 3.8% in the fourth quarter. Center for Financial Planning Inc. now owns 3,755 shares of the information technology services provider's stock worth $303,000 after acquiring an additional 138 shares during the last quarter. SageView Advisory Group LLC raised its holdings in shares of Fidelity National Information Services by 1.5% during the fourth quarter. SageView Advisory Group LLC now owns 11,185 shares of the information technology services provider's stock worth $903,000 after acquiring an additional 160 shares in the last quarter. Finally, Gotham Asset Management LLC boosted its position in Fidelity National Information Services by 6.5% during the fourth quarter. Gotham Asset Management LLC now owns 2,693 shares of the information technology services provider's stock valued at $218,000 after purchasing an additional 164 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Jeffrey A. Goldstein purchased 844 shares of the business's stock in a transaction dated Tuesday, April 15th. The shares were bought at an average cost of $72.04 per share, for a total transaction of $60,801.76. Following the completion of the acquisition, the director now directly owns 11,942 shares in the company, valued at approximately $860,301.68. This trade represents a 7.60% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.20% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on FIS. Robert W. Baird boosted their price target on Fidelity National Information Services from $80.00 to $82.00 and gave the company a "neutral" rating in a research note on Friday, April 4th. Citigroup raised shares of Fidelity National Information Services from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $79.00 to $86.00 in a research report on Monday, April 21st. William Blair restated an "outperform" rating on shares of Fidelity National Information Services in a report on Tuesday, February 18th. Wells Fargo & Company reduced their price objective on shares of Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 12th. Finally, Morgan Stanley lowered their target price on shares of Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $91.11.

Fidelity National Information Services Trading Up 1.5%

Shares of FIS stock traded up $1.21 on Friday, hitting $79.48. The stock had a trading volume of 5,576,856 shares, compared to its average volume of 3,470,998. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62. Fidelity National Information Services, Inc. has a twelve month low of $66.51 and a twelve month high of $91.98. The company has a fifty day moving average price of $76.05 and a two-hundred day moving average price of $77.61. The firm has a market cap of $41.76 billion, a P/E ratio of 30.45, a PEG ratio of 1.23 and a beta of 1.08.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.01. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the company earned $1.33 earnings per share. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. As a group, analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Tuesday, June 10th. Fidelity National Information Services's payout ratio is currently 105.96%.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.