Fidelity National Information Services Inc. (NYSE:FIS) hit a new 52-week high on Thursday . The stock traded as high as $77.75 and last traded at $77.35, with a volume of 637,522 shares changing hands. The stock had previously closed at $77.14.

Several brokerages have recently weighed in on FIS. Zacks Investment Research cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Monday. Monness Crespi & Hardt upped their price target on Fidelity National Information Services from $76.00 to $84.00 and gave the company a “buy” rating in a research report on Monday. Sterne Agee CRT upgraded Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $85.00 price target on the stock in a research report on Thursday, May 26th. Robert W. Baird reiterated a “buy” rating on shares of Fidelity National Information Services in a research report on Monday, May 16th. Finally, Jefferies Group upgraded Fidelity National Information Services from a “hold” rating to a “buy” rating and upped their price target for the company from $72.00 to $84.00 in a research report on Monday, May 9th. Three investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $78.41.

The stock has a 50-day moving average of $74.06 and a 200 day moving average of $65.76. The stock has a market cap of $25.15 billion and a price-to-earnings ratio of 40.065.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Thursday, June 16th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date was Tuesday, June 14th.

In other news, Director David K. Hunt sold 14,738 shares of the business’s stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $72.54, for a total value of $1,069,094.52. Following the completion of the transaction, the director now directly owns 49,705 shares of the company’s stock, valued at approximately $3,605,600.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Michael P. Oates sold 86,571 shares of the business’s stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $73.26, for a total value of $6,342,191.46. Following the completion of the transaction, the executive vice president now directly owns 198,585 shares of the company’s stock, valued at $14,548,337.10. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently added to or reduced their stakes in FIS. Wells Fargo & Company MN raised its position in Fidelity National Information Services by 65.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,917,762 shares of the company’s stock valued at $116,218,000 after buying an additional 760,849 shares during the last quarter. Vanguard Group Inc. raised its position in Fidelity National Information Services by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 24,041,790 shares of the company’s stock valued at $1,456,932,000 after buying an additional 685,971 shares during the last quarter. Morgan Stanley raised its position in Fidelity National Information Services by 99.0% in the fourth quarter. Morgan Stanley now owns 1,131,803 shares of the company’s stock valued at $68,588,000 after buying an additional 563,182 shares during the last quarter. Edge Asset Management Inc. raised its position in Fidelity National Information Services by 295.8% in the fourth quarter. Edge Asset Management Inc. now owns 178,374 shares of the company’s stock valued at $10,810,000 after buying an additional 133,304 shares during the last quarter. Finally, First Trust Advisors LP raised its position in Fidelity National Information Services by 104.1% in the fourth quarter. First Trust Advisors LP now owns 238,213 shares of the company’s stock valued at $14,436,000 after buying an additional 121,490 shares during the last quarter.

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.

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