Traders bought shares of Fidelity National Information Services Inc. (NYSE:FIS) on weakness during trading hours on Thursday. $36.79 million flowed into the stock on the tick-up and $22.98 million flowed out of the stock on the tick-down, for a money net flow of $13.81 million into the stock. Of all companies tracked, Fidelity National Information Services had the 20th highest net in-flow for the day. Fidelity National Information Services traded down ($0.25) for the day and closed at $76.89

Several analysts have recently commented on the company. Avondale Partners reissued a “buy” rating and issued a $75.00 price target on shares of Fidelity National Information Services in a report on Sunday, March 20th. Royal Bank Of Canada raised their price target on Fidelity National Information Services from $78.00 to $80.00 and gave the company an “outperform” rating in a report on Wednesday, May 4th. Monness Crespi & Hardt lifted their price objective on Fidelity National Information Services from $76.00 to $84.00 and gave the stock a “buy” rating in a report on Monday. Compass Point lifted their price objective on Fidelity National Information Services from $72.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, May 4th. Finally, Sterne Agee CRT raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $85.00 price objective for the company in a report on Wednesday, May 11th. Three research 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’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $78.41.

The firm has a 50-day moving average of $74.16 and a 200-day moving average of $65.84. The company has a market capitalization of $25.10 billion and a P/E ratio of 39.98.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, May 3rd. The company reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.04. The company earned $2.20 billion during the quarter, compared to analyst estimates of $2.25 billion. The company’s revenue was up 40.3% compared to the same quarter last year. During the same period last year, the company posted $0.65 earnings per share. On average, analysts forecast that Fidelity National Information Services Inc. will post $3.80 EPS for the current fiscal year.

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

In other Fidelity National Information Services news, Director James B. Stallings, Jr. sold 1,038 shares of the stock in a transaction on Wednesday, June 29th. The shares were sold at an average price of $72.26, for a total transaction of $75,005.88. Following the transaction, the director now directly owns 7,771 shares of the company’s stock, valued at $561,532.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael P. Oates sold 86,571 shares of the stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $73.26, for a total transaction of $6,342,191.46. Following the transaction, the executive vice president now directly owns 198,585 shares in the company, valued at $14,548,337.10. The disclosure for this sale can be found here.

A number of institutional investors have bought and sold shares of the company. Jennison Associates LLC acquired a new position in Fidelity National Information Services during the fourth quarter valued at approximately $1,020,000. 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 last quarter. 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 last quarter. BOKF NA increased its position in Fidelity National Information Services by 14.2% in the fourth quarter. BOKF NA now owns 23,239 shares of the company’s stock valued at $1,409,000 after buying an additional 2,888 shares during the last quarter. Finally, 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 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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