Natixis Advisors LLC Has $50.10 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Natixis Advisors LLC decreased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 3.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 598,158 shares of the information technology services provider’s stock after selling 22,766 shares during the quarter. Natixis Advisors LLC owned approximately 0.11% of Fidelity National Information Services worth $50,095,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kennebec Savings Bank bought a new position in Fidelity National Information Services during the third quarter valued at about $28,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Fidelity National Information Services in the 2nd quarter worth approximately $30,000. Concord Wealth Partners boosted its position in Fidelity National Information Services by 50.2% during the third 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. Family Firm Inc. acquired a new position in Fidelity National Information Services during the second quarter valued at approximately $35,000. Finally, EdgeRock Capital LLC acquired a new stake in shares of Fidelity National Information Services during the 2nd quarter worth approximately $35,000. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on FIS. TD Cowen increased 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 research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft boosted their target price on Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Oppenheimer started coverage on Fidelity National Information Services in a research report on Tuesday, October 1st. They issued a “market perform” rating for the company. Robert W. Baird increased their target price on Fidelity National Information Services from $92.00 to $94.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Finally, Susquehanna lifted their price target on Fidelity National Information Services from $88.00 to $103.00 and gave the company a “positive” rating in a report on Tuesday, November 5th. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.68.

Fidelity National Information Services Stock Down 0.7 %

NYSE:FIS opened at $87.82 on Friday. The stock has a 50-day simple moving average of $86.67 and a 200 day simple moving average of $80.09. Fidelity National Information Services, Inc. has a 52-week low of $53.76 and a 52-week high of $91.98. The company has a market cap of $47.28 billion, a PE ratio of 34.99, a PEG ratio of 0.75 and a beta of 1.06. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11. Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same period last year, the company earned $0.94 earnings per share. The firm’s revenue was up 3.1% compared to the same quarter last year. On average, sell-side 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 business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.44 annualized dividend and a yield of 1.64%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 57.37%.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 626 shares of the stock in a transaction dated Tuesday, October 15th. The shares were bought at an average cost of $88.25 per share, for a total transaction of $55,244.50. Following the purchase, the director now directly owns 10,397 shares of the company’s stock, valued at approximately $917,535.25. This trade represents a 6.41 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.