Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Centaurus Financial Inc.

Centaurus Financial Inc. trimmed its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 17.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,889 shares of the information technology services provider’s stock after selling 410 shares during the quarter. Centaurus Financial Inc.’s holdings in Fidelity National Information Services were worth $158,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIS. Boston Partners lifted its position in shares of Fidelity National Information Services by 642.7% during the 1st quarter. Boston Partners now owns 4,470,605 shares of the information technology services provider’s stock worth $331,047,000 after buying an additional 3,868,683 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Fidelity National Information Services by 982.6% in the second quarter. The Manufacturers Life Insurance Company now owns 3,895,432 shares of the information technology services provider’s stock valued at $293,560,000 after acquiring an additional 3,535,596 shares during the last quarter. Raymond James & Associates boosted its stake in Fidelity National Information Services by 449.8% in the third quarter. Raymond James & Associates now owns 4,103,793 shares of the information technology services provider’s stock valued at $343,693,000 after acquiring an additional 3,357,329 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new position in shares of Fidelity National Information Services during the second quarter worth about $83,562,000. Finally, Zurich Insurance Group Ltd FI acquired a new stake in shares of Fidelity National Information Services during the second quarter worth about $40,029,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FIS shares. Morgan Stanley raised their price target on Fidelity National Information Services from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 5th. Barclays raised their target price on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Keefe, Bruyette & Woods upped their price target on shares of Fidelity National Information Services from $97.00 to $102.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Finally, Oppenheimer started coverage on shares of Fidelity National Information Services in a report on Tuesday, October 1st. They issued a “market perform” rating for the company. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.50.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 626 shares of the stock in a transaction on Tuesday, October 15th. The shares were purchased at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the acquisition, the director now owns 10,397 shares in the company, valued at $917,535.25. This represents a 6.41 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the transaction, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. This trade represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.

Fidelity National Information Services Price Performance

FIS stock opened at $85.55 on Thursday. The firm has a 50 day moving average of $86.97 and a 200-day moving average of $80.87. The company has a market cap of $46.06 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 0.71 and a beta of 1.06. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a 12-month low of $55.98 and a 12-month high of $91.98.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.11. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. Fidelity National Information Services’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share. As a group, equities analysts expect that Fidelity National Information Services, Inc. will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be paid a $0.36 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.68%. Fidelity National Information Services’s payout ratio is 57.37%.

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.