Dorsey & Whitney Trust CO LLC Acquires 206 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Dorsey & Whitney Trust CO LLC increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FISGet Rating) by 6.4% during the second quarter, Holdings Channel.com reports. The firm owned 3,413 shares of the information technology services provider’s stock after buying an additional 206 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Fidelity National Information Services were worth $314,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FIS. Ameritas Advisory Services LLC raised its position in Fidelity National Information Services by 1.4% in the first quarter. Ameritas Advisory Services LLC now owns 7,154 shares of the information technology services provider’s stock valued at $718,000 after purchasing an additional 100 shares during the period. Laurel Wealth Advisors Inc. increased its position in shares of Fidelity National Information Services by 1.5% during the first quarter. Laurel Wealth Advisors Inc. now owns 7,529 shares of the information technology services provider’s stock valued at $756,000 after acquiring an additional 111 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of Fidelity National Information Services by 3.8% in the 1st quarter. EP Wealth Advisors LLC now owns 3,098 shares of the information technology services provider’s stock valued at $311,000 after acquiring an additional 112 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in shares of Fidelity National Information Services by 1.7% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 6,849 shares of the information technology services provider’s stock worth $700,000 after acquiring an additional 117 shares during the last quarter. Finally, Trust Asset Management LLC boosted its position in shares of Fidelity National Information Services by 2.0% during the 1st quarter. Trust Asset Management LLC now owns 6,123 shares of the information technology services provider’s stock worth $615,000 after purchasing an additional 119 shares during the period. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fidelity National Information Services news, CFO James W. Woodall sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $90.07, for a total transaction of $7,205,600.00. Following the sale, the chief financial officer now directly owns 131,598 shares of the company’s stock, valued at approximately $11,853,031.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Fidelity National Information Services news, CFO James W. Woodall sold 80,000 shares of Fidelity National Information Services stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $90.07, for a total value of $7,205,600.00. Following the transaction, the chief financial officer now owns 131,598 shares in the company, valued at approximately $11,853,031.86. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gary Norcross sold 39,403 shares of the stock in a transaction on Monday, September 12th. The stock was sold at an average price of $93.20, for a total value of $3,672,359.60. Following the completion of the transaction, the chief executive officer now directly owns 846,643 shares in the company, valued at $78,907,127.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 199,403 shares of company stock worth $18,149,160. Insiders own 0.68% of the company’s stock.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $65.93 on Thursday. The business has a 50 day moving average price of $74.49 and a 200 day moving average price of $89.04. The company has a market capitalization of $39.12 billion, a P/E ratio of 43.09, a PEG ratio of 0.82 and a beta of 0.86. Fidelity National Information Services, Inc. has a 1-year low of $56.53 and a 1-year high of $122.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.77 and a quick ratio of 0.77.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 23rd. Investors of record on Friday, December 9th will be given a $0.47 dividend. The ex-dividend date is Thursday, December 8th. This represents a $1.88 annualized dividend and a dividend yield of 2.85%. Fidelity National Information Services’s dividend payout ratio is presently 122.88%.

Analyst Upgrades and Downgrades

FIS has been the subject of several research analyst reports. Keefe, Bruyette & Woods lowered their price target on Fidelity National Information Services from $98.00 to $90.00 in a research report on Monday, October 10th. StockNews.com started coverage on shares of Fidelity National Information Services in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. Royal Bank of Canada lowered their price objective on shares of Fidelity National Information Services from $114.00 to $95.00 and set an “outperform” rating for the company in a research note on Friday, November 4th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Fidelity National Information Services from $116.00 to $90.00 and set a “hold” rating on the stock in a research note on Friday, September 23rd. Finally, Mizuho dropped their price target on shares of Fidelity National Information Services from $120.00 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, October 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.46.

Fidelity National Information Services Profile

(Get Rating)

Fidelity National Information Services, Inc provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions.

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

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