Bp Plc held its position in Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,000 shares of the information technology services provider’s stock at the end of the second quarter. Bp Plc’s holdings in Fidelity National Information Services were worth $3,501,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FIS. National Pension Service increased its position in Fidelity National Information Services by 10.0% in the first quarter. National Pension Service now owns 263,688 shares of the information technology services provider’s stock worth $21,108,000 after buying an additional 23,897 shares in the last quarter. Private Trust Co. NA increased its position in Fidelity National Information Services by 18.6% in the first quarter. Private Trust Co. NA now owns 4,966 shares of the information technology services provider’s stock worth $395,000 after buying an additional 778 shares in the last quarter. Barometer Capital Management Inc. bought a new position in Fidelity National Information Services during the first quarter worth $637,000. Shell Asset Management Co. increased its position in Fidelity National Information Services by 110.3% in the second quarter. Shell Asset Management Co. now owns 75,284 shares of the information technology services provider’s stock worth $6,429,000 after buying an additional 39,483 shares in the last quarter. Finally, Achmea Investment Management B.V. bought a new position in Fidelity National Information Services during the first quarter worth $225,000. 86.70% of the stock is currently owned by institutional investors.

Shares of Fidelity National Information Services, Inc. (NYSE:FIS) opened at 89.39 on Thursday. Fidelity National Information Services, Inc. has a 52-week low of $73.25 and a 52-week high of $92.78. The firm has a market cap of $29.50 billion, a price-to-earnings ratio of 44.81 and a beta of 0.84. The stock has a 50 day moving average of $88.40 and a 200 day moving average of $83.83.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Wednesday, August 2nd. The information technology services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.05. Fidelity National Information Services had a net margin of 7.08% and a return on equity of 13.49%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the prior year, the company posted $0.90 EPS. The company’s revenue was up 1.6% compared to the same quarter last year. Equities analysts predict that Fidelity National Information Services, Inc. will post $4.28 EPS for the current fiscal year.

Fidelity National Information Services declared that its board has initiated a share repurchase plan on Wednesday, August 2nd that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to repurchase up to 13.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.16 dividend on an annualized basis and a yield of 1.30%. Fidelity National Information Services’s payout ratio is presently 58.00%.

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A number of equities analysts have weighed in on FIS shares. BidaskClub downgraded shares of Fidelity National Information Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th. Deutsche Bank AG reaffirmed a “hold” rating and set a $89.00 price target (up previously from $80.00) on shares of Fidelity National Information Services in a research note on Wednesday, May 3rd. Zacks Investment Research raised shares of Fidelity National Information Services from a “sell” rating to a “hold” rating in a research note on Thursday, May 4th. Barclays PLC reaffirmed a “buy” rating and set a $94.00 price target on shares of Fidelity National Information Services in a research note on Monday, May 15th. Finally, Cowen and Company reaffirmed an “outperform” rating and set a $92.00 price target (up previously from $90.00) on shares of Fidelity National Information Services in a research note on Monday, July 10th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $92.20.

In other Fidelity National Information Services news, Director James B. Stallings, Jr. sold 2,181 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $90.32, for a total transaction of $196,987.92. Following the transaction, the director now directly owns 12,317 shares in the company, valued at approximately $1,112,471.44. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frank R. Martire sold 400,000 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $90.34, for a total transaction of $36,136,000.00. Following the transaction, the director now owns 202,517 shares in the company, valued at $18,295,385.78. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 403,181 shares of company stock worth $36,418,378. Corporate insiders own 2.66% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

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Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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