Dynamic Advisor Solutions LLC Purchases 1,395 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Dynamic Advisor Solutions LLC increased its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 45.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,482 shares of the information technology services provider’s stock after acquiring an additional 1,395 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Fidelity National Information Services were worth $362,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC lifted its stake in shares of Fidelity National Information Services by 94.1% in the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 159 shares during the period. Kennebec Savings Bank bought a new position in Fidelity National Information Services in the third quarter worth approximately $28,000. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Fidelity National Information Services during the 2nd quarter worth $30,000. Groupama Asset Managment grew its position in shares of Fidelity National Information Services by 0.8% during the 3rd quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider’s stock valued at $35,000 after acquiring an additional 319 shares during the period. Finally, Concord Wealth Partners raised its holdings in Fidelity National Information Services by 50.2% in the 3rd quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock worth $37,000 after purchasing an additional 146 shares during the period. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

FIS has been the subject of a number of analyst reports. Keefe, Bruyette & Woods upped their price target on Fidelity National Information Services from $97.00 to $102.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Wells Fargo & Company began coverage on shares of Fidelity National Information Services in a research note on Tuesday, January 14th. They set an “equal weight” rating and a $88.00 target price on the stock. Robert W. Baird upped their price target on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Oppenheimer initiated coverage on shares of Fidelity National Information Services in a research report on Tuesday, October 1st. They set a “market perform” rating on the stock. Finally, UBS Group upped their target price on shares of Fidelity National Information Services from $80.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $92.00.

Fidelity National Information Services Trading Up 2.3 %

Shares of FIS opened at $81.08 on Tuesday. The firm has a market capitalization of $43.65 billion, a price-to-earnings ratio of 32.30, a PEG ratio of 0.60 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. Fidelity National Information Services, Inc. has a 1-year low of $60.39 and a 1-year high of $91.98. The company has a 50-day moving average of $82.18 and a 200 day moving average of $82.49.

Fidelity National Information Services (NYSE:FIS) last announced 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. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.56 billion. During the same quarter in the prior year, the firm earned $0.94 earnings per share. Fidelity National Information Services’s revenue was up 3.1% compared to the same quarter last year. On average, research analysts expect that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were issued a $0.36 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.78%. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

Insider Transactions at Fidelity National Information Services

In other news, EVP Lenore D. Williams sold 11,305 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $87.97, for a total value of $994,500.85. Following the sale, the executive vice president now directly owns 32,199 shares in the company, valued at approximately $2,832,546.03. This trade represents a 25.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey A. Goldstein acquired 701 shares of Fidelity National Information Services stock in a transaction that occurred on Wednesday, January 15th. The shares were purchased at an average price of $79.97 per share, with a total value of $56,058.97. Following the purchase, the director now owns 11,098 shares in the company, valued at $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.20% of the company’s stock.

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.