Mondrian Investment Partners LTD Has $856,000 Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Mondrian Investment Partners LTD lessened its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 46.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,506 shares of the information technology services provider’s stock after selling 8,938 shares during the quarter. Mondrian Investment Partners LTD’s holdings in Fidelity National Information Services were worth $856,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC raised its stake in Fidelity National Information Services by 94.1% during the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock worth $27,000 after buying an additional 159 shares during the period. R Squared Ltd acquired a new stake in Fidelity National Information Services during the 4th quarter worth $30,000. Groupama Asset Managment raised its stake in Fidelity National Information Services by 0.8% during the 3rd quarter. Groupama Asset Managment now owns 42,342 shares of the information technology services provider’s stock worth $35,000 after buying an additional 319 shares during the period. Morse Asset Management Inc acquired a new stake in Fidelity National Information Services during the 3rd quarter worth $37,000. Finally, OFI Invest Asset Management acquired a new stake in Fidelity National Information Services during the 4th quarter worth $40,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 701 shares of Fidelity National Information Services stock in a transaction dated Wednesday, January 15th. The stock was bought at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now directly owns 11,098 shares in the company, valued at approximately $887,507.06. The trade was a 6.74 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FIS. Keefe, Bruyette & Woods dropped their price objective on Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Compass Point dropped their price target on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. BNP Paribas downgraded Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 20th. UBS Group dropped their price target 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. Finally, Stephens dropped their price target on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $88.65.

Fidelity National Information Services Trading Up 2.4 %

Fidelity National Information Services stock opened at $69.76 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $66.51 and a 52 week high of $91.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $36.95 billion, a P/E ratio of 26.73, a PEG ratio of 1.23 and a beta of 1.10. The stock has a 50-day simple moving average of $75.47 and a 200 day simple moving average of $81.76.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates 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. Analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.29%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 61.30%.

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.