Raiffeisen Bank International AG Makes New $804,000 Investment in Fidelity National Information Services, Inc. (NYSE:FIS)

Raiffeisen Bank International AG acquired a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,979 shares of the information technology services provider's stock, valued at approximately $804,000.

A number of other large investors also recently bought and sold shares of the company. Bradley Foster & Sargent Inc. CT raised its position in Fidelity National Information Services by 4.7% during the 4th 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 increased its holdings in shares of Fidelity National Information Services by 2.2% in the 4th 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 in the last quarter. Modera Wealth Management LLC increased its holdings in shares of 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 valued at $242,000 after purchasing an additional 137 shares in the last quarter. Center for Financial Planning Inc. increased its holdings in shares of Fidelity National Information Services by 3.8% in the 4th quarter. Center for Financial Planning Inc. now owns 3,755 shares of the information technology services provider's stock valued at $303,000 after purchasing an additional 138 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Fidelity National Information Services by 5.4% in the 4th quarter. UMB Bank n.a. now owns 2,827 shares of the information technology services provider's stock valued at $228,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 844 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The shares were purchased at an average price of $72.04 per share, for a total transaction of $60,801.76. Following the completion of the acquisition, the director now owns 11,942 shares of the company's stock, valued at approximately $860,301.68. This represents a 7.60% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $79.75 on Friday. Fidelity National Information Services, Inc. has a 12-month low of $66.51 and a 12-month high of $91.98. The stock has a market capitalization of $41.90 billion, a P/E ratio of 30.56, a P/E/G ratio of 1.23 and a beta of 1.08. The firm's 50-day moving average is $74.69 and its two-hundred day moving average is $78.39. 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 (NYSE:FIS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.01. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. The company's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.33 EPS. Equities analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 24th. Investors of record on Tuesday, June 10th will be issued a $0.40 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $1.60 annualized dividend and a yield of 2.01%. Fidelity National Information Services's payout ratio is 105.96%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FIS. UBS Group increased their price target on shares of Fidelity National Information Services from $81.00 to $84.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Citigroup upgraded shares of Fidelity National Information Services from a "neutral" rating to a "buy" rating and increased their price target for the company from $79.00 to $86.00 in a report on Monday, April 21st. Susquehanna downgraded shares of Fidelity National Information Services from a "positive" rating to a "neutral" rating and cut their price target for the company from $103.00 to $81.00 in a report on Wednesday, February 12th. William Blair reiterated an "outperform" rating on shares of Fidelity National Information Services in a report on Tuesday, February 18th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $91.11.

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.

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