Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. trimmed its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,256 shares of the information technology services provider’s stock after selling 269 shares during the quarter. Nicolet Bankshares Inc.’s holdings in Fidelity National Information Services were worth $667,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Sterling Capital Management LLC raised its position in Fidelity National Information Services by 107.9% during the 4th quarter. Sterling Capital Management LLC now owns 56,306 shares of the information technology services provider’s stock worth $4,548,000 after buying an additional 29,224 shares during the last quarter. Argent Trust Co raised its holdings in Fidelity National Information Services by 10.4% during the fourth quarter. Argent Trust Co now owns 10,251 shares of the information technology services provider’s stock worth $828,000 after purchasing an additional 966 shares in the last quarter. CenterBook Partners LP lifted its position in Fidelity National Information Services by 14.1% in the fourth quarter. CenterBook Partners LP now owns 48,857 shares of the information technology services provider’s stock valued at $3,946,000 after purchasing an additional 6,044 shares during the period. APG Asset Management N.V. acquired a new position in Fidelity National Information Services during the 4th quarter worth approximately $23,283,000. Finally, Renaissance Technologies LLC acquired a new position in Fidelity National Information Services during the fourth quarter worth $35,074,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 4.2 %

Shares of FIS opened at $72.41 on Friday. The firm has a market cap of $38.35 billion, a PE ratio of 27.74, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. The company’s fifty day moving average is $72.29 and its two-hundred day moving average is $80.11. Fidelity National Information Services, Inc. has a fifty-two week low of $66.51 and a fifty-two 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 EPS 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 last year, the firm earned $0.94 earnings per share. Analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were issued a dividend of $0.40 per share. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, March 11th. This represents a $1.60 annualized dividend and a dividend yield of 2.21%. Fidelity National Information Services’s payout ratio is presently 61.30%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. William Blair reissued an “outperform” rating on shares of Fidelity National Information Services in a report on Tuesday, February 18th. Susquehanna cut Fidelity National Information Services from a “positive” rating to a “neutral” rating and lowered their price target for the stock from $103.00 to $81.00 in a report on Wednesday, February 12th. Stephens reduced their price objective on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Raymond James cut Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and dropped their price target for the company from $115.00 to $101.00 in a research report on Monday, January 6th. Finally, Barclays decreased their price objective on shares of Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has an average rating of “Hold” and a consensus target price of $88.89.

Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein bought 701 shares of Fidelity National Information Services stock in a transaction dated Wednesday, January 15th. The shares were acquired 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 in the company, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is owned by corporate 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.