Fidelity National Information Services Inc. (NYSE:FIS) hit a new 52-week high during trading on Friday . The stock traded as high as $76.18 and last traded at $75.95, with a volume of 1,081,802 shares changing hands. The stock had previously closed at $74.76.

FIS has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Friday, May 6th. Deutsche Bank AG reiterated a “hold” rating and set a $66.00 price target on shares of Fidelity National Information Services in a research report on Tuesday, March 15th. Goldman Sachs Group Inc. upped their price target on shares of Fidelity National Information Services from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, May 3rd. Royal Bank Of Canada upped their price target on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 4th. Finally, Oppenheimer Holdings Inc. reiterated a “buy” rating and set a $80.00 price target on shares of Fidelity National Information Services in a research report on Monday, April 11th. Three equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $77.94.

The stock has a 50 day moving average price of $73.65 and a 200-day moving average price of $65.29. The firm has a market capitalization of $24.79 billion and a price-to-earnings ratio of 39.49.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, May 3rd. The company reported $0.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.04. The firm earned $2.20 billion during the quarter, compared to analysts’ expectations of $2.25 billion. The business’s quarterly revenue was up 40.3% on a year-over-year basis. During the same quarter last year, the business earned $0.65 earnings per share. Equities analysts anticipate that Fidelity National Information Services Inc. will post $3.80 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Thursday, June 16th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $1.04 annualized dividend and a yield of 1.39%.

In related news, CFO James W. Woodall sold 30,918 shares of Fidelity National Information Services stock in a transaction on Monday, June 27th. The stock was sold at an average price of $69.10, for a total transaction of $2,136,433.80. Following the transaction, the chief financial officer now directly owns 125,840 shares in the company, valued at $8,695,544. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David K. Hunt sold 10,133 shares of Fidelity National Information Services stock in a transaction on Monday, June 6th. The shares were sold at an average price of $75.30, for a total value of $763,014.90. Following the transaction, the director now owns 45,100 shares in the company, valued at $3,396,030. The disclosure for this sale can be found here.

A number of institutional investors recently added to or reduced their stakes in FIS. Brown Advisory Securities LLC increased its position in Fidelity National Information Services by 0.3% in the fourth quarter. Brown Advisory Securities LLC now owns 18,091 shares of the company’s stock valued at $1,096,000 after buying an additional 59 shares during the period. Brown Advisory Inc. increased its position in Fidelity National Information Services by 0.6% in the fourth quarter. Brown Advisory Inc. now owns 21,804 shares of the company’s stock valued at $1,322,000 after buying an additional 126 shares during the period. Advantus Capital Management Inc increased its position in Fidelity National Information Services by 1.2% in the fourth quarter. Advantus Capital Management Inc now owns 26,716 shares of the company’s stock valued at $1,619,000 after buying an additional 323 shares during the period. Johnson Financial Group Inc. increased its position in Fidelity National Information Services by 1.0% in the fourth quarter. Johnson Financial Group Inc. now owns 63,895 shares of the company’s stock valued at $3,872,000 after buying an additional 631 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in Fidelity National Information Services by 5.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 37,336 shares of the company’s stock valued at $2,263,000 after buying an additional 1,828 shares during the period.

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury and insurance, as well as providing financial consulting and outsourcing services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.