Fidelity National Information Services Inc. (NYSE:FIS)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $77.84 and last traded at $77.72, with a volume of 520,724 shares. The stock had previously closed at $77.16.

Several research firms recently commented on FIS. Zacks Investment Research lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Friday, May 6th. Goldman Sachs Group Inc. increased their target price on shares of Fidelity National Information Services from $76.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, May 3rd. Oppenheimer Holdings Inc. reaffirmed a “buy” rating and set a $80.00 target price on shares of Fidelity National Information Services in a report on Monday, April 11th. Royal Bank Of Canada increased their target price on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the company an “outperform” rating in a report on Wednesday, May 4th. Finally, Sterne Agee CRT raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $85.00 target price on the stock 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 assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $78.41.

The stock’s 50-day moving average price is $74.38 and its 200 day moving average price is $66.23. The firm has a market capitalization of $25.42 billion and a P/E ratio of 40.49.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.04. The firm earned $2.20 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the business posted $0.65 EPS. 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 earnings per share for the current year.

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

In other Fidelity National Information Services news, CFO James W. Woodall sold 30,918 shares of the firm’s stock in a transaction on Monday, June 27th. The stock was sold at an average price of $69.10, for a total value of $2,136,433.80. Following the transaction, the chief financial officer now owns 125,840 shares in the company, valued at approximately $8,695,544. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael P. Oates sold 86,571 shares of the firm’s stock in a transaction on Tuesday, June 21st. The shares were 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 owns 198,585 shares in the company, valued at approximately $14,548,337.10. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth $1,020,000. Brown Advisory Inc. raised 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 in the last quarter. BOKF NA raised 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 in the last quarter. Advantus Capital Management Inc raised 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 in the last quarter. Finally, CAM Group Holding A S raised its position in Fidelity National Information Services by 154.1% in the fourth quarter. CAM Group Holding A S now owns 28,200 shares of the company’s stock valued at $1,709,000 after buying an additional 17,100 shares in 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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