Siemens Fonds Invest GmbH Grows Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Siemens Fonds Invest GmbH boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 611.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,964 shares of the information technology services provider's stock after acquiring an additional 54,113 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Fidelity National Information Services were worth $5,086,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of FIS. Norges Bank purchased a new stake in shares of Fidelity National Information Services during the fourth quarter valued at $635,202,000. Raymond James Financial Inc. bought a new stake in Fidelity National Information Services during the 4th quarter valued at about $451,458,000. Arrowstreet Capital Limited Partnership lifted its holdings in Fidelity National Information Services by 100.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,231,856 shares of the information technology services provider's stock valued at $261,037,000 after buying an additional 1,616,146 shares in the last quarter. KBC Group NV boosted its position in Fidelity National Information Services by 1,390.5% in the 4th quarter. KBC Group NV now owns 1,180,258 shares of the information technology services provider's stock valued at $95,330,000 after buying an additional 1,101,072 shares during the period. Finally, Capital Research Global Investors grew its stake in Fidelity National Information Services by 3.8% in the 4th quarter. Capital Research Global Investors now owns 29,433,286 shares of the information technology services provider's stock worth $2,377,325,000 after acquiring an additional 1,082,929 shares in the last quarter. Institutional investors own 96.23% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Robert W. Baird lifted their price target on shares of 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. Susquehanna lowered Fidelity National Information Services from a "positive" rating to a "neutral" rating and decreased their target price for the company from $103.00 to $81.00 in a research report on Wednesday, February 12th. Stephens increased their price target on Fidelity National Information Services from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 7th. Oppenheimer upgraded Fidelity National Information Services from a "market perform" rating to an "outperform" rating and set a $94.00 price target on the stock in a research note on Wednesday, April 23rd. Finally, UBS Group upped their price objective on shares of Fidelity National Information Services from $81.00 to $84.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $91.11.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 844 shares of the business's stock in a transaction dated Tuesday, April 15th. The shares were acquired at an average cost of $72.04 per share, with a total value of $60,801.76. Following the completion of the acquisition, the director now owns 11,942 shares of the company's stock, valued at approximately $860,301.68. This trade represents a 7.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.20% of the stock is currently owned by company insiders.

Fidelity National Information Services Stock Up 1.5%

Shares of FIS stock traded up $1.21 during trading hours on Friday, reaching $79.48. 5,576,856 shares of the company's stock were exchanged, compared to its average volume of 3,484,976. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62. The company has a market cap of $41.76 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 1.23 and a beta of 1.08. Fidelity National Information Services, Inc. has a fifty-two week low of $66.51 and a fifty-two week high of $91.98. The stock's 50 day moving average is $75.94 and its 200-day moving average is $77.82.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the company posted $1.33 EPS. The firm's quarterly revenue was up 2.6% compared to the same quarter last year. Analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

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

Fidelity National Information Services Profile

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.