Jupiter Asset Management Ltd. grew its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 10.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 149,479 shares of the information technology services provider’s stock after acquiring an additional 13,613 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Fidelity National Information Servcs were worth $16,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janus Henderson Group PLC raised its stake in shares of Fidelity National Information Servcs by 2.6% during the 3rd quarter. Janus Henderson Group PLC now owns 3,293,441 shares of the information technology services provider’s stock worth $359,215,000 after purchasing an additional 83,645 shares during the period. AXA raised its stake in shares of Fidelity National Information Servcs by 40.3% during the 3rd quarter. AXA now owns 149,001 shares of the information technology services provider’s stock worth $16,252,000 after purchasing an additional 42,800 shares during the period. Alliancebernstein L.P. raised its stake in Fidelity National Information Servcs by 100.0% in the 3rd quarter. Alliancebernstein L.P. now owns 2,378,617 shares of the information technology services provider’s stock valued at $259,436,000 after acquiring an additional 1,189,590 shares during the period. Eagle Asset Management Inc. raised its stake in Fidelity National Information Servcs by 19.3% in the 3rd quarter. Eagle Asset Management Inc. now owns 4,937 shares of the information technology services provider’s stock valued at $538,000 after acquiring an additional 797 shares during the period. Finally, Jennison Associates LLC raised its stake in Fidelity National Information Servcs by 8.7% in the 3rd quarter. Jennison Associates LLC now owns 1,244,964 shares of the information technology services provider’s stock valued at $135,788,000 after acquiring an additional 99,922 shares during the period. 88.92% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Gregory G. Montana sold 50,354 shares of the business’s stock in a transaction dated Tuesday, November 13th. The stock was sold at an average price of $105.46, for a total transaction of $5,310,332.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephan A. James sold 23,922 shares of the business’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $108.97, for a total value of $2,606,780.34. Following the transaction, the director now directly owns 41,585 shares of the company’s stock, valued at approximately $4,531,517.45. The disclosure for this sale can be found here. Corporate insiders own 2.08% of the company’s stock.

Shares of FIS opened at $107.86 on Monday. Fidelity National Information Servcs Inc has a twelve month low of $91.33 and a twelve month high of $110.83. The stock has a market cap of $35.32 billion, a PE ratio of 24.40, a P/E/G ratio of 1.72 and a beta of 0.91. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.89.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, December 13th. Fidelity National Information Servcs’s dividend payout ratio is presently 28.96%.

A number of equities research analysts recently issued reports on FIS shares. Barclays started coverage on Fidelity National Information Servcs in a research note on Wednesday, November 14th. They issued an “overweight” rating and a $129.00 price objective on the stock. Cantor Fitzgerald boosted their price objective on Fidelity National Information Servcs from $117.00 to $122.00 and gave the company an “overweight” rating in a research note on Wednesday, October 31st. Citigroup lowered their price objective on Fidelity National Information Servcs from $124.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, October 31st. SunTrust Banks boosted their price objective on Fidelity National Information Servcs to $125.00 and gave the company a “buy” rating in a research note on Monday, September 24th. They noted that the move was a valuation call. Finally, ValuEngine upgraded Fidelity National Information Servcs from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Three investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $118.67.

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Fidelity National Information Servcs Company 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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