Hilltop National Bank Has $1.51 Million Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Hilltop National Bank lifted its position in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 5.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,743 shares of the information technology services provider’s stock after acquiring an additional 1,031 shares during the period. Hilltop National Bank’s holdings in Fidelity National Information Services were worth $1,514,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC raised its holdings in Fidelity National Information Services by 94.1% in the third 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 stake in shares of Fidelity National Information Services in the 3rd quarter valued at $28,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Fidelity National Information Services during the 2nd quarter worth $30,000. Concord Wealth Partners lifted its holdings 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 acquiring an additional 146 shares in the last quarter. Finally, Morse Asset Management Inc acquired a new position in Fidelity National Information Services in the third quarter valued at about $37,000. Institutional investors own 96.23% of the company’s stock.

Insiders Place Their Bets

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 626 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was acquired at an average price 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 $917,535.25. This trade represents a 6.41 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Lenore D. Williams sold 11,305 shares of Fidelity National Information Services stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the sale, the executive vice president now owns 32,199 shares of the company’s stock, valued at approximately $2,832,546.03. The trade was a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of FIS traded down $2.09 during midday trading on Friday, reaching $77.26. The stock had a trading volume of 689,749 shares, compared to its average volume of 2,160,425. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. The firm has a 50 day simple moving average of $84.25 and a 200-day simple moving average of $82.11. The firm has a market cap of $41.59 billion, a PE ratio of 30.78, a P/E/G ratio of 0.72 and a beta of 1.04. Fidelity National Information Services, Inc. has a one year low of $58.24 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FISGet Free Report) last announced its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the previous year, the business earned $0.94 earnings per share. The business’s revenue was up 3.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders 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 yield of 1.86%. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

Wall Street Analyst Weigh In

FIS has been the topic of several recent analyst reports. Jefferies Financial Group lifted their price objective on Fidelity National Information Services from $80.00 to $90.00 and gave the company a “hold” rating in a report on Wednesday, October 16th. Mizuho lifted their price target on shares of Fidelity National Information Services from $91.00 to $104.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Royal Bank of Canada increased their price objective on shares of Fidelity National Information Services from $95.00 to $104.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Morgan Stanley boosted their price objective on shares of Fidelity National Information Services from $87.00 to $92.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 18th. Finally, Bank of America increased their target price on Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.19.

Get Our Latest Research Report on FIS

Fidelity National Information Services Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

Receive News & Ratings for Fidelity National Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Services and related companies with MarketBeat.com's FREE daily email newsletter.