Keybank National Association OH cut its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 34.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,344 shares of the information technology services provider’s stock after selling 2,275 shares during the quarter. Keybank National Association OH’s holdings in Fidelity National Information Services were worth $236,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Korea Investment CORP raised its stake in shares of Fidelity National Information Services by 9.3% during the fourth quarter. Korea Investment CORP now owns 236,690 shares of the information technology services provider’s stock worth $16,059,000 after acquiring an additional 20,115 shares in the last quarter. Archford Capital Strategies LLC increased its stake in shares of Fidelity National Information Services by 41.4% in the first quarter. Archford Capital Strategies LLC now owns 15,754 shares of the information technology services provider’s stock worth $846,000 after buying an additional 4,613 shares during the period. Brookstone Capital Management increased its stake in shares of Fidelity National Information Services by 1,294.7% in the first quarter. Brookstone Capital Management now owns 64,143 shares of the information technology services provider’s stock worth $3,723,000 after buying an additional 59,544 shares during the period. IFP Advisors Inc increased its stake in shares of Fidelity National Information Services by 125.3% in the first quarter. IFP Advisors Inc now owns 19,069 shares of the information technology services provider’s stock worth $1,969,000 after buying an additional 10,606 shares during the period. Finally, Machina Capital S.A.S. increased its stake in shares of Fidelity National Information Services by 13.2% in the first quarter. Machina Capital S.A.S. now owns 7,310 shares of the information technology services provider’s stock worth $397,000 after buying an additional 850 shares during the period. 90.21% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Fidelity National Information Services news, CFO Erik D. Hoag sold 3,451 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $54.15, for a total value of $186,871.65. Following the completion of the transaction, the chief financial officer now owns 19,887 shares of the company’s stock, valued at approximately $1,076,881.05. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Fidelity National Information Services news, Director Ellen R. Alemany bought 760 shares of the firm’s stock in a transaction on Monday, July 17th. The stock was acquired at an average price of $58.82 per share, with a total value of $44,703.20. Following the transaction, the director now owns 3,743 shares in the company, valued at $220,163.26. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Erik D. Hoag sold 3,451 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $54.15, for a total value of $186,871.65. Following the completion of the transaction, the chief financial officer now directly owns 19,887 shares of the company’s stock, valued at approximately $1,076,881.05. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on FIS
Fidelity National Information Services Stock Performance
Shares of FIS stock opened at $55.26 on Friday. The company’s fifty day moving average price is $57.46 and its 200-day moving average price is $57.66. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.67. The stock has a market cap of $32.74 billion, a PE ratio of -1.39, a price-to-earnings-growth ratio of 0.89 and a beta of 0.83. Fidelity National Information Services, Inc. has a 12 month low of $48.57 and a 12 month high of $96.67.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 2nd. The information technology services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. The firm had revenue of $3.75 billion during the quarter, compared to analyst estimates of $3.71 billion. Fidelity National Information Services had a positive return on equity of 12.54% and a negative net margin of 161.74%. Fidelity National Information Services’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.73 EPS. On average, equities analysts expect that Fidelity National Information Services, Inc. will post 6.02 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 Friday, September 22nd. Stockholders of record on Friday, September 8th will be given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend is Thursday, September 7th. Fidelity National Information Services’s dividend payout ratio is presently -5.23%.
Fidelity National Information Services Profile
Fidelity National Information Services, Inc provides technology solutions for financial institutions and businesses worldwide. It operates through Banking Solutions, Merchant Solutions, and Capital Market Solutions segments. The Banking Solutions segment provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; electronic funds transfer and network; card and retail payment; wealth and retirement; and item processing and output solutions.
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