Fidelity National Information Services, Inc. (NYSE:FIS) Shares Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 2.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,829 shares of the information technology services provider’s stock after acquiring an additional 247 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Fidelity National Information Services were worth $875,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FIS. Fifth Third Wealth Advisors LLC increased its holdings in shares of Fidelity National Information Services by 2.2% in 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 last quarter. Graypoint LLC raised its position in shares of Fidelity National Information Services by 4.6% during the 3rd quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock valued at $253,000 after buying an additional 132 shares during the period. Atomi Financial Group Inc. grew its position in Fidelity National Information Services by 3.4% in the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after acquiring an additional 135 shares during the period. Old Port Advisors raised its position in 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 valued at $232,000 after purchasing an additional 135 shares during the period. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Fidelity National Information Services by 3.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock worth $308,000 after purchasing an additional 137 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Fidelity National Information Services news, EVP Lenore D. Williams sold 11,305 shares of Fidelity National Information Services 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 owns 32,199 shares in the company, valued at approximately $2,832,546.03. The trade was a 25.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey A. Goldstein acquired 701 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, with a total value of $56,058.97. Following the transaction, the director now directly owns 11,098 shares in the company, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.20% of the stock is owned by company insiders.

Fidelity National Information Services Trading Up 2.3 %

Shares of NYSE:FIS opened at $81.08 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a 12-month low of $60.39 and a 12-month high of $91.98. The firm has a fifty day moving average of $82.18 and a two-hundred day moving average of $82.49. The firm has a market capitalization of $43.65 billion, a P/E ratio of 32.30, a price-to-earnings-growth ratio of 0.60 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the prior year, the company posted $0.94 EPS. The firm’s revenue was up 3.1% on a year-over-year basis. On average, 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 declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were paid a dividend of $0.36 per share. The ex-dividend date was Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.78%. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

Analyst Ratings Changes

A number of brokerages have issued reports on FIS. Susquehanna boosted their target price on Fidelity National Information Services from $88.00 to $103.00 and gave the company a “positive” rating in a research report on Tuesday, November 5th. BNP Paribas lowered Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 20th. TD Cowen raised their price objective on shares of Fidelity National Information Services from $78.00 to $86.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Robert W. Baird raised their price target on Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Finally, Wells Fargo & Company started coverage on Fidelity National Information Services in a report on Tuesday, January 14th. They issued an “equal weight” rating and a $88.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

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.