Fidelity National Information Services, Inc. (NYSE:FIS) Shares Purchased by Natixis

Natixis lifted its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 22.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,135 shares of the information technology services provider's stock after acquiring an additional 17,336 shares during the quarter. Natixis' holdings in Fidelity National Information Services were worth $7,765,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FIS. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of Fidelity National Information Services by 4.7% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,869 shares of the information technology services provider's stock worth $232,000 after buying an additional 128 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in Fidelity National Information Services by 2.2% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider's stock valued at $480,000 after purchasing an additional 129 shares during the period. Old Port Advisors raised its stake in shares of Fidelity National Information Services by 4.9% in the fourth quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider's stock worth $232,000 after buying an additional 135 shares during the period. Modera Wealth Management LLC increased its holdings in Fidelity National Information Services by 4.8% in the 4th quarter. Modera Wealth Management LLC now owns 2,990 shares of the information technology services provider's stock worth $242,000 after acquiring an additional 137 shares in the last quarter. Finally, Center for Financial Planning Inc. raised its stake in Fidelity National Information Services by 3.8% during the 4th quarter. Center for Financial Planning Inc. now owns 3,755 shares of the information technology services provider's stock worth $303,000 after acquiring an additional 138 shares during the period. Hedge funds and other institutional investors own 96.23% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Raymond James downgraded shares of Fidelity National Information Services from a "strong-buy" rating to an "outperform" rating and decreased their price objective for the company from $115.00 to $101.00 in a research report on Monday, January 6th. Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $102.00 to $92.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. TD Cowen upgraded shares of Fidelity National Information Services from a "hold" rating to a "buy" rating and set a $92.00 price objective on the stock in a research report on Monday, April 21st. UBS Group cut their target price on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating for the company in a research note on Wednesday, February 12th. Finally, Oppenheimer upgraded Fidelity National Information Services from a "market perform" rating to an "outperform" rating and set a $94.00 price objective for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $89.29.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 844 shares of Fidelity National Information Services stock in a transaction on Tuesday, April 15th. The stock was bought at an average cost of $72.04 per share, for a total transaction of $60,801.76. Following the completion of the transaction, 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 position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.20% of the company's stock.

Fidelity National Information Services Stock Down 0.6 %

Shares of NYSE:FIS traded down $0.48 during trading hours on Friday, hitting $79.39. The company's stock had a trading volume of 4,097,959 shares, compared to its average volume of 3,539,487. The company has a market capitalization of $42.05 billion, a price-to-earnings ratio of 30.42, a P/E/G ratio of 1.23 and a beta of 1.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick 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 firm's fifty day moving average price is $72.27 and its 200 day moving average price is $79.54.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same period in the previous year, the firm earned $0.94 earnings per share. As a group, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were paid a $0.40 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.02%. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.36. Fidelity National Information Services's dividend payout ratio is presently 61.30%.

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.