Fidelity National Information Services, Inc. (NYSE:FIS) was the recipient of some unusual options trading on Thursday. Stock investors purchased 873 put options on the company. This represents an increase of approximately Infinity compared to the average daily volume of 0 put options.

In related news, COO Anthony M. Jabbour sold 100,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief operating officer now owns 282,689 shares in the company, valued at approximately $26,109,156.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James B. Stallings, Jr. sold 8,486 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $91.87, for a total value of $779,608.82. Following the completion of the sale, the director now owns 12,317 shares of the company’s stock, valued at approximately $1,131,562.79. The disclosure for this sale can be found here. In the last quarter, insiders have sold 167,033 shares of company stock valued at $15,433,548. Corporate insiders own 2.66% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. BB&T Investment Services Inc. purchased a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $103,000. WFG Advisors LP grew its stake in Fidelity National Information Services by 99.8% in the second quarter. WFG Advisors LP now owns 1,187 shares of the information technology services provider’s stock worth $101,000 after purchasing an additional 593 shares during the period. Motco grew its stake in Fidelity National Information Services by 12.3% in the second quarter. Motco now owns 1,192 shares of the information technology services provider’s stock worth $102,000 after purchasing an additional 131 shares during the period. IFP Advisors Inc grew its stake in Fidelity National Information Services by 6.8% in the second quarter. IFP Advisors Inc now owns 1,317 shares of the information technology services provider’s stock worth $112,000 after purchasing an additional 84 shares during the period. Finally, Rockefeller Financial Services Inc. purchased a new stake in Fidelity National Information Services in the third quarter worth $128,000. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on FIS shares. Cowen and Company restated a “buy” rating and issued a $97.00 target price on shares of Fidelity National Information Services in a research report on Thursday, August 3rd. Zacks Investment Research upgraded Fidelity National Information Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Robert W. Baird restated an “outperform” rating and issued a $108.00 target price (up previously from $102.00) on shares of Fidelity National Information Services in a research report on Tuesday, October 10th. BMO Capital Markets boosted their target price on Fidelity National Information Services from $92.00 to $104.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Finally, Stephens restated a “positive” rating and issued a $101.00 target price (up previously from $93.00) on shares of Fidelity National Information Services in a research report on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating, thirteen have issued 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 $99.20.

Shares of Fidelity National Information Services (NYSE:FIS) opened at $91.97 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.25 and a quick ratio of 1.25. Fidelity National Information Services has a 12-month low of $73.97 and a 12-month high of $96.67. The firm has a market capitalization of $30,740.00, a P/E ratio of 21.92, a price-to-earnings-growth ratio of 1.74 and a beta of 0.88.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, October 31st. The information technology services provider reported $1.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.12. Fidelity National Information Services had a return on equity of 14.05% and a net margin of 5.82%. The firm had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the previous year, the firm earned $1.00 earnings per share. The business’s revenue was down 4.8% compared to the same quarter last year. equities research analysts forecast that Fidelity National Information Services will post 4.41 EPS for the current fiscal year.

Fidelity National Information Services declared that its board has initiated a stock buyback 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 shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.29 per share. The ex-dividend date is Thursday, December 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.26%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 72.05%.

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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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