Traders sold shares of Fidelity National Information Services Inc. (NYSE:FIS) on strength during trading hours on Tuesday. $79.54 million flowed into the stock on the tick-up and $146.08 million flowed out of the stock on the tick-down, for a money net flow of $66.54 million out of the stock. Of all stocks tracked, Fidelity National Information Services had the 0th highest net out-flow for the day. Fidelity National Information Services traded up $2.94 for the day and closed at $80.84

FIS has been the subject of several analyst reports. Goldman Sachs Group Inc. upgraded Fidelity National Information Services from a “neutral” rating to a “buy” rating and upped their target price for the company from $68.00 to $76.00 in a research note on Friday, April 1st. They noted that the move was a valuation call. Oppenheimer Holdings Inc. restated a “buy” rating and set a $80.00 price target on shares of Fidelity National Information Services in a research note on Monday, April 11th. Jefferies Group dropped their price target on Fidelity National Information Services to $72.00 and set a “hold” rating for the company in a research note on Tuesday, April 12th. Compass Point initiated coverage on Fidelity National Information Services in a research note on Friday, April 15th. They set a “buy” rating and a $72.00 price target for the company. Finally, Royal Bank Of Canada upped their price target on Fidelity National Information Services from $78.00 to $80.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 4th. Three analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $80.29.

The firm has a market capitalization of $26.39 billion and a PE ratio of 42.04. The company’s 50-day moving average price is $74.90 and its 200 day moving average price is $66.93.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, July 26th. The company reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.03. The business earned $2.30 billion during the quarter, compared to analyst estimates of $2.33 billion. The business’s quarterly revenue was up 49.0% on a year-over-year basis. During the same period last year, the business earned $0.74 EPS. On average, analysts forecast that Fidelity National Information Services Inc. will post $3.80 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $1.04 dividend on an annualized basis and a yield of 1.29%.

In related news, Director James B. Stallings, Jr. sold 1,038 shares of Fidelity National Information Services stock in a transaction on Wednesday, June 29th. The stock was sold at an average price of $72.26, for a total transaction of $75,005.88. Following the completion of the sale, the director now owns 7,771 shares of the company’s stock, valued at $561,532.46. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Michael P. Oates sold 86,571 shares of Fidelity National Information Services 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 sale, the executive vice president now directly owns 198,585 shares of the company’s stock, valued at approximately $14,548,337.10. The disclosure for this sale can be found here.

Other hedge funds have recently added to or reduced their stakes in the company. Jennison Associates LLC purchased a new stake in Fidelity National Information Services during the fourth quarter worth about $1,020,000. Brown Advisory Inc. boosted its stake 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 worth $1,322,000 after buying an additional 126 shares during the last quarter. BOKF NA boosted its stake in 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 last quarter. Advantus Capital Management Inc boosted its stake 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 worth $1,619,000 after buying an additional 323 shares during the last quarter. Finally, Whitebox Advisors LLC purchased a new stake in 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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