UBS Asset Management Americas Inc. lifted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 11.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,147,690 shares of the information technology services provider’s stock after acquiring an additional 118,801 shares during the quarter. UBS Asset Management Americas Inc. owned 0.35% of Fidelity National Information Services worth $98,013,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Polaris Greystone Financial Group LLC lifted its holdings in shares of Fidelity National Information Services by 1.7% in the 2nd quarter. Polaris Greystone Financial Group LLC now owns 229,356 shares of the information technology services provider’s stock worth $19,587,000 after acquiring an additional 3,867 shares during the last quarter. Shell Asset Management Co. lifted its holdings in shares of Fidelity National Information Services by 110.3% in the 2nd quarter. Shell Asset Management Co. now owns 75,284 shares of the information technology services provider’s stock worth $6,429,000 after acquiring an additional 39,483 shares during the last quarter. Commerce Bank lifted its holdings in shares of Fidelity National Information Services by 0.9% in the 2nd quarter. Commerce Bank now owns 398,692 shares of the information technology services provider’s stock worth $34,048,000 after acquiring an additional 3,476 shares during the last quarter. Motco lifted its holdings in shares of Fidelity National Information Services by 12.3% in the 2nd quarter. Motco now owns 1,192 shares of the information technology services provider’s stock worth $102,000 after acquiring an additional 131 shares during the last quarter. Finally, Achmea Investment Management B.V. bought a new stake in shares of Fidelity National Information Services in the 1st quarter worth approximately $225,000. Hedge funds and other institutional investors own 86.71% of the company’s stock.

A number of brokerages have recently weighed in on FIS. Robert W. Baird restated a “buy” rating and issued a $102.00 price objective on shares of Fidelity National Information Services in a report on Friday, September 8th. BidaskClub upgraded shares of Fidelity National Information Services from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 24th. Cowen and Company restated a “buy” rating and issued a $97.00 price objective on shares of Fidelity National Information Services in a report on Thursday, August 3rd. Stephens restated a “positive” rating and issued a $101.00 price objective (up from $93.00) on shares of Fidelity National Information Services in a report on Thursday, August 3rd. Finally, BMO Capital Markets boosted their price objective on shares of Fidelity National Information Services from $92.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, August 3rd. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $92.87.

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Fidelity National Information Services, Inc. (NYSE FIS) opened at 92.72 on Friday. The company has a 50 day moving average of $91.46 and a 200 day moving average of $86.04. Fidelity National Information Services, Inc. has a 52 week low of $73.25 and a 52 week high of $93.73. The stock has a market capitalization of $30.82 billion, a P/E ratio of 46.48 and a beta of 0.84.

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

Fidelity National Information Services announced that its board has authorized a stock repurchase program on Wednesday, August 2nd that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the information technology services provider to purchase up to 13.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a $0.29 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.16 dividend on an annualized basis and a yield of 1.25%. Fidelity National Information Services’s dividend payout ratio is presently 58.00%.

In other news, Director Stephan A. James sold 18,368 shares of Fidelity National Information Services stock in a transaction on Monday, August 14th. The stock was sold at an average price of $90.14, for a total transaction of $1,655,691.52. Following the completion of the sale, the director now directly owns 43,231 shares in the company, valued at $3,896,842.34. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Anthony M. Jabbour sold 100,000 shares of Fidelity National Information Services stock in a transaction on Friday, September 8th. The stock was sold at an average price of $92.36, for a total value of $9,236,000.00. Following the sale, the chief operating officer now owns 282,689 shares of the company’s stock, valued at $26,109,156.04. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 520,549 shares of company stock valued at $47,224,679. 2.66% of the stock is owned by corporate insiders.

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.

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

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