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

Several equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Monday, July 11th. Monness Crespi & Hardt increased their price objective on Fidelity National Information Services from $76.00 to $84.00 and gave the company a “buy” rating in a report on Monday, July 11th. 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. Robert W. Baird reissued a “buy” rating on shares of Fidelity National Information Services in a report on Monday, May 16th. Finally, Compass Point increased their price objective on Fidelity National Information Services from $72.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, May 4th. Three equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Fidelity National Information Services has an average rating of “Buy” and a consensus price target of $78.41.

The firm’s 50-day moving average price is $74.58 and its 200 day moving average price is $66.39. The stock has a market capitalization of $25.41 billion and a price-to-earnings ratio of 40.47.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly 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 quarter last year, the firm posted $0.65 earnings per share. The firm earned $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. Fidelity National Information Services’s revenue was up 40.3% compared to the same quarter last year. On average, equities analysts forecast that Fidelity National Information Services Inc. will post $3.80 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Thursday, June 16th were paid a dividend of $0.26 per share. The ex-dividend date was Tuesday, June 14th. This represents a $1.04 dividend on an annualized basis and a yield of 1.34%.

In related news, CFO James W. Woodall sold 30,918 shares of the company’s 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 completion of the transaction, the chief financial officer now directly owns 125,840 shares in the company, valued at approximately $8,695,544. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director David K. Hunt sold 10,133 shares of the company’s stock in a transaction on Monday, June 6th. The stock was 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 of the company’s stock, valued at $3,396,030. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have made changes to their positions in the company. Jennison Associates LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth about $1,020,000. Brown Advisory Inc. raised its position in shares of Fidelity National Information Services by 0.6% in the fourth quarter. Brown Advisory Inc. now owns 21,804 shares of the company’s stock worth $1,322,000 after buying an additional 126 shares during the period. BOKF NA raised its position in shares of Fidelity National Information Services by 14.2% in the fourth quarter. BOKF NA now owns 23,239 shares of the company’s stock worth $1,409,000 after buying an additional 2,888 shares during the period. Advantus Capital Management Inc raised its position in shares of 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 worth $1,619,000 after buying an additional 323 shares during the period. Finally, Whitebox Advisors LLC acquired a new position in shares of Fidelity National Information Services during the fourth quarter worth about $1,982,000.

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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