Vise Technologies Inc. Purchases 7,335 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Vise Technologies Inc. grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 159.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,930 shares of the information technology services provider's stock after acquiring an additional 7,335 shares during the quarter. Vise Technologies Inc.'s holdings in Fidelity National Information Services were worth $964,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FIS. Capital Research Global Investors lifted its stake in shares of 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 during the period. Geode Capital Management LLC lifted its holdings in shares of Fidelity National Information Services by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 13,051,569 shares of the information technology services provider's stock valued at $1,052,819,000 after buying an additional 208,127 shares during the period. Boston Partners lifted its holdings in shares of Fidelity National Information Services by 3.9% in the fourth quarter. Boston Partners now owns 11,999,052 shares of the information technology services provider's stock valued at $968,326,000 after buying an additional 446,544 shares during the period. Norges Bank acquired a new stake in Fidelity National Information Services in the 4th quarter valued at about $635,202,000. Finally, Invesco Ltd. lifted its holdings in Fidelity National Information Services by 9.1% in the 4th quarter. Invesco Ltd. now owns 7,573,133 shares of the information technology services provider's stock valued at $611,682,000 after acquiring an additional 632,328 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Insider Activity

In related news, Director Jeffrey A. Goldstein acquired 844 shares of the business's stock in a transaction that occurred on 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 purchase, the director now owns 11,942 shares of the company's stock, valued at approximately $860,301.68. The trade was a 7.60% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.20% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Oppenheimer raised shares of 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. Robert W. Baird upped their target price on Fidelity National Information Services from $80.00 to $82.00 and gave the company a "neutral" rating in a report on Friday, April 4th. Wells Fargo & Company reduced their target price on Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating for the company in a report on Wednesday, February 12th. Barclays reduced their price objective on shares of Fidelity National Information Services from $102.00 to $85.00 and set an "overweight" rating for the company in a research note on Tuesday, February 18th. Finally, Susquehanna lowered shares of Fidelity National Information Services from a "positive" rating to a "neutral" rating and reduced their price objective for the company from $103.00 to $81.00 in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.11.

Fidelity National Information Services Stock Down 0.0%

Shares of NYSE:FIS traded down $0.00 during midday trading on Wednesday, hitting $79.96. 2,609,848 shares of the stock were exchanged, compared to its average volume of 3,476,551. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. Fidelity National Information Services, Inc. has a 52-week low of $66.51 and a 52-week high of $91.98. The business's fifty day simple moving average is $75.73 and its two-hundred day simple moving average is $77.88. The company has a market capitalization of $42.01 billion, a PE ratio of 30.63, a P/E/G ratio of 1.23 and a beta of 1.08.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $1.20 by $0.01. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. The business's quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the business earned $1.33 EPS. As a group, research 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.00%. Fidelity National Information Services's dividend payout ratio is currently 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.