US Bancorp DE Has $4.65 Million Stake in Fidelity National Information Services, Inc. (NYSE:FIS)

US Bancorp DE decreased its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 0.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,590 shares of the information technology services provider’s stock after selling 240 shares during the quarter. US Bancorp DE’s holdings in Fidelity National Information Services were worth $4,652,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Larson Financial Group LLC boosted its stake 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 in the last quarter. Kennebec Savings Bank acquired a new position in Fidelity National Information Services in the third quarter worth $28,000. R Squared Ltd acquired a new position in Fidelity National Information Services in the fourth quarter worth $30,000. Groupama Asset Managment boosted its stake in Fidelity National Information Services by 0.8% in the third quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider’s stock worth $35,000 after purchasing an additional 319 shares in the last quarter. Finally, Morse Asset Management Inc acquired a new position in Fidelity National Information Services in the third quarter worth $37,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

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 stock was purchased at an average cost of $79.97 per share, with a total value of $56,058.97. Following the completion of the transaction, the director now owns 11,098 shares of the company’s stock, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is owned by insiders.

Fidelity National Information Services Stock Down 0.3 %

Shares of Fidelity National Information Services stock opened at $69.67 on Thursday. 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 has a market capitalization of $36.91 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 1.23 and a beta of 1.11. The business has a 50-day moving average of $76.80 and a two-hundred day moving average of $82.16. Fidelity National Information Services, Inc. has a 1 year low of $66.72 and a 1 year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same quarter in the previous year, the company earned $0.94 earnings per share. As a group, equities analysts predict 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 disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be given a dividend of $0.40 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio is currently 61.30%.

Analyst Upgrades and Downgrades

FIS has been the topic of a number of recent analyst reports. UBS Group reduced their price objective on Fidelity National Information Services from $94.00 to $81.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 12th. Stephens dropped their target price on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. BNP Paribas downgraded Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 20th. Keefe, Bruyette & Woods dropped their price objective on Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Finally, Morgan Stanley dropped their price objective on Fidelity National Information Services from $92.00 to $86.00 and set an “equal weight” rating for the company in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $88.65.

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.