Aptus Capital Advisors LLC Has $308,000 Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Aptus Capital Advisors LLC boosted its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 3.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,679 shares of the information technology services provider’s stock after purchasing an additional 137 shares during the period. Aptus Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $308,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Kennebec Savings Bank bought a new position in shares of Fidelity National Information Services during the 3rd quarter worth about $28,000. University of Texas Texas AM Investment Management Co. bought a new position in Fidelity National Information Services in the 2nd quarter worth approximately $30,000. EdgeRock Capital LLC bought a new position in Fidelity National Information Services in the 2nd quarter worth approximately $35,000. Family Firm Inc. bought a new position in Fidelity National Information Services in the 2nd quarter valued at $35,000. Finally, Concord Wealth Partners boosted 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 valued at $37,000 after purchasing an additional 146 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 0.7 %

Shares of FIS stock opened at $87.82 on Friday. Fidelity National Information Services, Inc. has a 12 month low of $53.76 and a 12 month high of $91.98. The stock has a market cap of $47.28 billion, a P/E ratio of 34.99, a P/E/G ratio of 0.75 and a beta of 1.06. 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 company has a 50 day simple moving average of $86.67 and a two-hundred day simple moving average of $80.01.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Monday, November 4th. The information technology services provider reported $1.40 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 business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. During the same period in the prior year, the company earned $0.94 earnings per share. The firm’s revenue was up 3.1% on a year-over-year basis. On average, research analysts expect that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be paid a $0.36 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.64%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 57.37%.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 626 shares of Fidelity National Information Services stock in a transaction dated Tuesday, October 15th. The stock was purchased at an average cost of $88.25 per share, with a total value of $55,244.50. Following the completion of the purchase, the director now directly owns 10,397 shares in the company, valued at approximately $917,535.25. This trade represents a 6.41 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of research analyst reports. Bank of America lifted their price objective on shares of Fidelity National Information Services from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. Robert W. Baird boosted their price objective on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Barclays boosted their price objective on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Fidelity National Information Services from $70.00 to $73.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Ten research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $89.68.

Fidelity National Information Services Company 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.