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. The stock had previously closed at $77.14.

Several brokerages recently weighed in on FIS. Royal Bank Of Canada increased their price target on Fidelity National Information Services from $78.00 to $80.00 and gave the stock an “outperform” rating in a report on Wednesday, May 4th. Avondale Partners reaffirmed a “buy” rating and set a $75.00 price target on shares of Fidelity National Information Services in a report on Sunday, March 20th. Monness Crespi & Hardt increased their price target on Fidelity National Information Services from $76.00 to $84.00 and gave the stock a “buy” rating in a report on Monday, July 11th. Compass Point increased their price target 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 target for the company in a report on Wednesday, May 11th. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $78.41.

The stock has a 50 day moving average price of $74.23 and a 200 day moving average price of $65.96. The firm has a market cap of $24.99 billion and a PE ratio of 39.80.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, May 3rd. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.04. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. The firm’s revenue for the quarter was up 40.3% on a year-over-year basis. During the same period last year, the firm earned $0.65 earnings per share. On average, equities research analysts predict 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. Stockholders 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 dividend yield of 1.36%. 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 transaction of $1,069,094.52. Following the sale, the director now directly owns 49,705 shares of the company’s stock, valued at $3,605,600.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephan A. James sold 24,323 shares of the business’s stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $73.65, for a total value of $1,791,388.95. Following the sale, the director now directly owns 47,819 shares in the company, valued at $3,521,869.35. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have bought and sold shares of the company. 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. Victory Capital Management Inc. raised its position in Fidelity National Information Services by 3.0% in the fourth quarter. Victory Capital Management Inc. now owns 2,121,209 shares of the company’s stock valued at $128,545,000 after buying an additional 61,215 shares during the last quarter. 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. 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. Finally, Atlantic Trust Group LLC raised its position in Fidelity National Information Services by 8.8% in the fourth quarter. Atlantic Trust Group LLC now owns 1,101,142 shares of the company’s stock valued at $66,728,000 after buying an additional 89,240 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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