One Wealth Advisors LLC Buys 5,708 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

One Wealth Advisors LLC lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 56.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,849 shares of the information technology services provider's stock after acquiring an additional 5,708 shares during the quarter. One Wealth Advisors LLC's holdings in Fidelity National Information Services were worth $1,184,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Retirement Wealth Solutions LLC boosted its stake in shares of Fidelity National Information Services by 3.7% during the 1st quarter. Retirement Wealth Solutions LLC now owns 4,140 shares of the information technology services provider's stock worth $309,000 after acquiring an additional 146 shares in the last quarter. Stonebrook Private Inc. boosted its stake in Fidelity National Information Services by 0.6% during the 1st quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider's stock valued at $1,824,000 after purchasing an additional 146 shares during the period. Integrated Advisors Network LLC boosted its stake in Fidelity National Information Services by 4.7% during the 1st quarter. Integrated Advisors Network LLC now owns 3,284 shares of the information technology services provider's stock valued at $245,000 after purchasing an additional 147 shares during the period. Private Trust Co. NA boosted its stake in Fidelity National Information Services by 9.9% during the 1st quarter. Private Trust Co. NA now owns 1,660 shares of the information technology services provider's stock valued at $124,000 after purchasing an additional 149 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Fidelity National Information Services by 8.2% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,013 shares of the information technology services provider's stock valued at $150,000 after purchasing an additional 153 shares during the period. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Price Performance

FIS stock traded up $1.51 during midday trading on Friday, reaching $81.92. 2,694,227 shares of the company's stock traded hands, compared to its average volume of 2,280,698. The company has a 50-day simple moving average of $80.36 and a two-hundred day simple moving average of $76.89. Fidelity National Information Services, Inc. has a 1-year low of $66.51 and a 1-year high of $91.98. The company has a market cap of $43.04 billion, a price-to-earnings ratio of 54.25 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.57.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.20 by $0.01. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Fidelity National Information Services had a return on equity of 18.15% and a net margin of 8.10%. The business's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $1.33 EPS. On average, analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th were given a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, June 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.95%. Fidelity National Information Services's payout ratio is 105.96%.

Analysts Set New Price Targets

FIS has been the subject of several recent analyst reports. Oppenheimer upgraded Fidelity National Information Services from a "market perform" rating to an "outperform" rating and set a $94.00 target price for the company in a research note on Wednesday, April 23rd. Royal Bank Of Canada cut their price target on Fidelity National Information Services from $95.00 to $93.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. TD Cowen raised Fidelity National Information Services from a "hold" rating to a "buy" rating and set a $92.00 price target for the company in a report on Monday, April 21st. Stephens upped their price target on Fidelity National Information Services from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Finally, UBS Group upped their price target on Fidelity National Information Services from $81.00 to $84.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $91.00.

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.