Janus Henderson Group PLC Sells 2,438,375 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Janus Henderson Group PLC trimmed its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 85.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 425,217 shares of the information technology services provider's stock after selling 2,438,375 shares during the quarter. Janus Henderson Group PLC owned 0.08% of Fidelity National Information Services worth $34,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Capital Research Global Investors boosted its holdings in Fidelity National Information Services by 3.8% during the fourth quarter. Capital Research Global Investors now owns 29,433,286 shares of the information technology services provider's stock valued at $2,377,325,000 after purchasing an additional 1,082,929 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Fidelity National Information Services by 1.6% during 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 purchasing an additional 208,127 shares in the last quarter. Boston Partners boosted its holdings in Fidelity National Information Services by 3.9% during 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 purchasing an additional 446,544 shares in the last quarter. Norges Bank acquired a new stake in Fidelity National Information Services during the fourth quarter valued at approximately $635,202,000. Finally, Invesco Ltd. boosted its holdings in Fidelity National Information Services by 9.1% during the fourth quarter. Invesco Ltd. now owns 7,573,133 shares of the information technology services provider's stock valued at $611,682,000 after purchasing an additional 632,328 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. UBS Group boosted their target price on Fidelity National Information Services from $81.00 to $84.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Susquehanna downgraded Fidelity National Information Services from a "positive" rating to a "neutral" rating and reduced their target price for the stock from $103.00 to $81.00 in a report on Wednesday, February 12th. Royal Bank of Canada reduced their target price on Fidelity National Information Services from $95.00 to $93.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Finally, TD Cowen raised Fidelity National Information Services from a "hold" rating to a "buy" rating and set a $92.00 price objective on the stock in a report on Monday, April 21st. One 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. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $91.11.

Fidelity National Information Services Price Performance

FIS opened at $77.82 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. Fidelity National Information Services, Inc. has a 12 month low of $66.51 and a 12 month high of $91.98. The company has a fifty day simple moving average of $74.31 and a 200 day simple moving average of $78.54. The stock has a market cap of $40.89 billion, a P/E ratio of 29.82, a P/E/G ratio of 1.23 and a beta of 1.08.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released 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. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. The business had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the prior year, the company earned $1.33 EPS. The firm's quarterly revenue was up 2.6% on a year-over-year basis. On average, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS 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 given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Tuesday, June 10th. Fidelity National Information Services's dividend payout ratio is currently 105.96%.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 844 shares of Fidelity National Information Services stock in a transaction that occurred on Tuesday, April 15th. The stock was purchased 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 in the company, 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 Securities & Exchange Commission, which can be accessed through this link. 0.20% of the stock is owned by corporate insiders.

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.

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