9,004 Shares in Fidelity National Information Services, Inc. (NYSE:FIS) Bought by Quantessence Capital LLC

Quantessence Capital LLC acquired a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,004 shares of the information technology services provider's stock, valued at approximately $727,000.

Several other institutional investors have also recently made changes to their positions in the business. R Squared Ltd bought a new position in shares of Fidelity National Information Services in the fourth quarter worth about $30,000. Morse Asset Management Inc purchased a new stake in Fidelity National Information Services in the 3rd quarter worth approximately $37,000. OFI Invest Asset Management bought a new stake in Fidelity National Information Services during the 4th quarter worth approximately $40,000. Grove Bank & Trust lifted its holdings in Fidelity National Information Services by 341.0% during the fourth quarter. Grove Bank & Trust now owns 516 shares of the information technology services provider's stock valued at $42,000 after purchasing an additional 399 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its position in shares of Fidelity National Information Services by 70.2% in the fourth quarter. Sound Income Strategies LLC now owns 606 shares of the information technology services provider's stock worth $49,000 after purchasing an additional 250 shares during the period. Institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Trading Down 0.6 %

FIS traded down $0.48 on Friday, reaching $79.39. 4,097,959 shares of the company traded hands, compared to its average volume of 3,538,595. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. The company has a market cap of $42.05 billion, a P/E ratio of 30.42, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06. The firm has a fifty day simple moving average of $72.27 and a two-hundred day simple moving average of $79.49. Fidelity National Information Services, Inc. has a one year low of $66.51 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (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 last year, the business earned $0.94 earnings per share. As a group, equities research analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.60 annualized dividend 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 (DPR) is currently 61.30%.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 844 shares of the business's stock in a transaction on Tuesday, April 15th. The shares were acquired at an average price of $72.04 per share, with a total value of $60,801.76. Following the transaction, 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 position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

FIS has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. Oppenheimer upgraded 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. UBS Group reduced their price target on shares of Fidelity National Information Services from $94.00 to $81.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 12th. Compass Point lowered their price objective on shares of Fidelity National Information Services from $126.00 to $113.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. Finally, Robert W. Baird boosted their target price on shares of Fidelity National Information Services from $80.00 to $82.00 and gave the stock a "neutral" rating in a report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $89.29.

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.