Universal Beteiligungs und Servicegesellschaft mbH Invests $31.91 Million in Fidelity National Information Services, Inc. (NYSE:FIS)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 395,009 shares of the information technology services provider's stock, valued at approximately $31,905,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Fidelity National Information Services at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brooklyn FI LLC acquired a new position in Fidelity National Information Services in the fourth quarter valued at about $505,000. Jefferies Financial Group Inc. bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $2,130,000. Heck Capital Advisors LLC bought a new stake in Fidelity National Information Services in the fourth quarter valued at approximately $2,593,000. Ascent Group LLC boosted its holdings in Fidelity National Information Services by 8.9% in the fourth quarter. Ascent Group LLC now owns 6,102 shares of the information technology services provider's stock valued at $493,000 after acquiring an additional 501 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in Fidelity National Information Services by 6.5% in the fourth quarter. Mackenzie Financial Corp now owns 508,272 shares of the information technology services provider's stock valued at $41,053,000 after acquiring an additional 31,146 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 844 shares of the firm's stock in a transaction on 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 transaction, the director now directly owns 11,942 shares of the company's stock, valued at approximately $860,301.68. This trade represents a 7.60% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

FIS has been the topic of a number of research analyst reports. Susquehanna cut Fidelity National Information Services from a "positive" rating to a "neutral" rating and cut their price target for the stock from $103.00 to $81.00 in a report on Wednesday, February 12th. 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 research report on Monday, April 21st. Oppenheimer raised 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 report on Wednesday, April 23rd. Wells Fargo & Company cut their price target on 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 cut their price target on Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $91.11.

Fidelity National Information Services Stock Up 1.5%

Fidelity National Information Services stock traded up $1.21 during trading on Friday, reaching $79.48. 5,576,856 shares of the company's stock were exchanged, compared to its average volume of 3,486,580. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. The company's 50-day moving average is $76.05 and its two-hundred day moving average is $77.76. The firm has a market cap of $41.76 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 1.23 and a beta of 1.08. Fidelity National Information Services, Inc. has a 52-week low of $66.51 and a 52-week high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.01. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter last year, the company posted $1.33 earnings per share. Fidelity National Information Services's revenue was up 2.6% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Investors 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 dividend payout ratio is 105.96%.

Fidelity National Information Services Company 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.