WealthShield Partners LLC Has $2.22 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

WealthShield Partners LLC raised its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 27.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,500 shares of the information technology services provider’s stock after acquiring an additional 5,913 shares during the quarter. WealthShield Partners LLC’s holdings in Fidelity National Information Services were worth $2,221,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp lifted its stake in Fidelity National Information Services by 0.9% in the third quarter. State Street Corp now owns 24,722,275 shares of the information technology services provider’s stock valued at $2,070,491,000 after acquiring an additional 211,787 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Fidelity National Information Services by 13.8% in the third quarter. The Manufacturers Life Insurance Company now owns 4,433,946 shares of the information technology services provider’s stock valued at $371,343,000 after acquiring an additional 538,514 shares during the last quarter. FMR LLC lifted its stake in Fidelity National Information Services by 6.7% in the third quarter. FMR LLC now owns 2,794,215 shares of the information technology services provider’s stock valued at $234,015,000 after acquiring an additional 174,673 shares during the last quarter. Franklin Resources Inc. lifted its stake in Fidelity National Information Services by 9.2% in the third quarter. Franklin Resources Inc. now owns 1,339,235 shares of the information technology services provider’s stock valued at $117,571,000 after acquiring an additional 112,842 shares during the last quarter. Finally, Fernbridge Capital Management LP lifted its stake in shares of Fidelity National Information Services by 11.5% in the third quarter. Fernbridge Capital Management LP now owns 1,286,173 shares of the information technology services provider’s stock worth $107,717,000 after buying an additional 133,039 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FIS. Raymond James cut shares of Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the stock from $115.00 to $101.00 in a research note on Monday, January 6th. Susquehanna cut shares of Fidelity National Information Services from a “positive” rating to a “neutral” rating and reduced their price objective for the stock from $103.00 to $81.00 in a research note on Wednesday, February 12th. William Blair restated an “outperform” rating on shares of Fidelity National Information Services in a research note on Tuesday, February 18th. BNP Paribas cut shares of Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 20th. Finally, Barclays reduced their price objective on shares of Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, Fidelity National Information Services has an average rating of “Hold” and a consensus price target of $87.36.

Fidelity National Information Services Trading Up 0.1 %

Shares of Fidelity National Information Services stock opened at $69.95 on Monday. The firm has a market capitalization of $37.05 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. The company’s fifty day moving average price is $78.69 and its two-hundred day moving average price is $82.62. Fidelity National Information Services, Inc. has a 52-week low of $62.63 and a 52-week high of $91.98.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. During the same period last year, the firm posted $0.94 EPS. On average, analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be issued a $0.40 dividend. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 annualized dividend and a dividend yield of 2.29%. Fidelity National Information Services’s dividend payout ratio is presently 61.30%.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services stock in a transaction that occurred on Wednesday, January 15th. The shares were acquired at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the transaction, the director now directly owns 11,098 shares in the company, valued at approximately $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.20% of the stock is owned by insiders.

About Fidelity National Information Services

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.