Cantillon Capital Management LLC lowered its holdings in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 6.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,255,326 shares of the information technology services provider’s stock after selling 284,124 shares during the quarter. Fidelity National Information Servcs makes up approximately 5.2% of Cantillon Capital Management LLC’s holdings, making the stock its 3rd biggest position. Cantillon Capital Management LLC’s holdings in Fidelity National Information Servcs were worth $464,128,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its holdings in Fidelity National Information Servcs by 15.6% in the 2nd quarter. BlackRock Inc. now owns 26,143,372 shares of the information technology services provider’s stock worth $2,771,982,000 after acquiring an additional 3,530,593 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Fidelity National Information Servcs by 4.4% in the 2nd quarter. Wells Fargo & Company MN now owns 4,671,821 shares of the information technology services provider’s stock worth $495,353,000 after acquiring an additional 196,434 shares in the last quarter. Voya Investment Management LLC increased its holdings in Fidelity National Information Servcs by 18.4% in the 2nd quarter. Voya Investment Management LLC now owns 4,524,231 shares of the information technology services provider’s stock worth $479,704,000 after acquiring an additional 701,796 shares in the last quarter. Boston Partners increased its holdings in Fidelity National Information Servcs by 2.2% in the 2nd quarter. Boston Partners now owns 3,994,347 shares of the information technology services provider’s stock worth $423,521,000 after acquiring an additional 86,862 shares in the last quarter. Finally, Findlay Park Partners LLP increased its holdings in Fidelity National Information Servcs by 9.0% in the 3rd quarter. Findlay Park Partners LLP now owns 3,950,000 shares of the information technology services provider’s stock worth $430,827,000 after acquiring an additional 325,000 shares in the last quarter. 88.92% of the stock is owned by institutional investors.

Shares of FIS opened at $107.86 on Monday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.89. Fidelity National Information Servcs Inc has a 1 year low of $91.33 and a 1 year high of $110.83. The company has a market cap of $35.32 billion, a price-to-earnings ratio of 21.53, a P/E/G ratio of 1.72 and a beta of 0.91.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings data on Tuesday, October 30th. The information technology services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.03. Fidelity National Information Servcs had a net margin of 17.89% and a return on equity of 15.78%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the firm posted $1.18 EPS. The company’s revenue was down .6% on a year-over-year basis. Analysts forecast that Fidelity National Information Servcs Inc will post 5.22 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, December 13th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 28.96%.

Several research firms recently issued reports on FIS. ValuEngine lowered shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a report on Tuesday, July 31st. Wood & Company increased their target price on shares of Fidelity National Information Servcs to $117.00 and gave the stock a “hold” rating in a report on Thursday, September 27th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a report on Monday, August 6th. SunTrust Banks increased their target price on shares of Fidelity National Information Servcs to $125.00 and gave the stock a “buy” rating in a report on Monday, September 24th. They noted that the move was a valuation call. Finally, Citigroup reduced their target price on shares of Fidelity National Information Servcs from $124.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, October 31st. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Fidelity National Information Servcs currently has an average rating of “Buy” and a consensus target price of $118.67.

In other Fidelity National Information Servcs news, Director Stephan A. James sold 23,922 shares of the stock in a transaction that occurred on Wednesday, September 19th. The shares were sold at an average price of $108.97, for a total transaction of $2,606,780.34. Following the completion of the sale, the director now directly owns 41,585 shares of the company’s stock, valued at approximately $4,531,517.45. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Gregory G. Montana sold 50,354 shares of the stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $105.46, for a total transaction of $5,310,332.84. The disclosure for this sale can be found here. Company insiders own 2.08% of the company’s stock.

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Fidelity National Information Servcs Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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

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