Macquarie Group Ltd. Boosts Position in Fidelity National Information Servcs Inc (FIS)

Macquarie Group Ltd. lifted its holdings in Fidelity National Information Servcs Inc (NYSE:FIS) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,987 shares of the information technology services provider’s stock after buying an additional 562 shares during the quarter. Macquarie Group Ltd.’s holdings in Fidelity National Information Servcs were worth $15,176,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FIS. Lunia Capital LP purchased a new stake in shares of Fidelity National Information Servcs during the 4th quarter valued at about $20,720,000. Oregon Public Employees Retirement Fund increased its holdings in Fidelity National Information Servcs by 10,029.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,666,778 shares of the information technology services provider’s stock worth $36,000 after acquiring an additional 3,630,580 shares in the last quarter. California Public Employees Retirement System increased its holdings in Fidelity National Information Servcs by 39.4% in the 4th quarter. California Public Employees Retirement System now owns 1,810,266 shares of the information technology services provider’s stock worth $185,643,000 after acquiring an additional 512,052 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in Fidelity National Information Servcs by 28.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,815,007 shares of the information technology services provider’s stock worth $186,129,000 after acquiring an additional 401,093 shares in the last quarter. Finally, Park Presidio Capital LLC purchased a new stake in Fidelity National Information Servcs during the 4th quarter valued at approximately $39,995,000. 90.23% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:FIS traded down $0.76 on Wednesday, hitting $112.04. 2,351,000 shares of the company’s stock were exchanged, compared to its average volume of 2,791,806. Fidelity National Information Servcs Inc has a 12 month low of $93.87 and a 12 month high of $115.56. The company has a market cap of $35.76 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 1.25 and a beta of 0.74. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.85.

Fidelity National Information Servcs (NYSE:FIS) last released its earnings results on Tuesday, February 12th. The information technology services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.02. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.22 billion. Fidelity National Information Servcs had a return on equity of 16.71% and a net margin of 10.06%. The business’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.36 earnings per share. As a group, equities research analysts predict that Fidelity National Information Servcs Inc will post 7.42 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.35 per share. The ex-dividend date is Thursday, June 13th. This represents a $1.40 annualized dividend and a dividend yield of 1.25%. Fidelity National Information Servcs’s dividend payout ratio is currently 26.77%.

A number of equities research analysts have issued reports on FIS shares. Zacks Investment Research lowered shares of Fidelity National Information Servcs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 16th. SunTrust Banks lowered shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating and set a $106.54 price objective for the company. in a report on Tuesday, March 19th. Guggenheim increased their price objective on shares of Fidelity National Information Servcs to $135.00 and gave the company a “buy” rating in a report on Friday, March 22nd. Barclays increased their target price on Fidelity National Information Servcs from $129.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Finally, Raymond James assumed coverage on Fidelity National Information Servcs in a research report on Friday, April 12th. They set a “strong-buy” rating and a $131.00 target price for the company. Four research 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 stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $125.54.

In related news, Director Alexandar Navab, Jr. bought 5,075 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were bought at an average price of $107.22 per share, for a total transaction of $544,141.50. Following the completion of the purchase, the director now directly owns 5,075 shares of the company’s stock, valued at $544,141.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary Norcross sold 160,000 shares of Fidelity National Information Servcs stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $108.81, for a total value of $17,409,600.00. Following the completion of the transaction, the chief executive officer now owns 249,434 shares in the company, valued at approximately $27,140,913.54. The disclosure for this sale can be found here. Company insiders own 1.43% 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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