Fidelity National Information Services Director David K. Hunt Unloads 20,000 Shares (FIS)
Fidelity National Information Services (NYSE:FIS) Director David K. Hunt unloaded 20,000 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $57.28, for a total value of $1,145,600.00. Following the sale, the director now directly owns 30,466 shares in the company, valued at approximately $1,745,092. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Fidelity National Information Services (NYSE:FIS) traded down 0.31% on Friday, hitting $57.14. 624,279 shares of the company’s stock traded hands. Fidelity National Information Services has a one year low of $44.06 and a one year high of $57.64. The stock has a 50-day moving average of $56.1 and a 200-day moving average of $54.40. The company has a market cap of $16.309 billion and a price-to-earnings ratio of 29.01.
Fidelity National Information Services (NYSE:FIS) last released its earnings data on Tuesday, July 29th. The company reported $0.75 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.74 by $0.01. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company posted $0.71 earnings per share. The company’s quarterly revenue was up 5.7% on a year-over-year basis. On average, analysts predict that Fidelity National Information Services will post $3.10 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, September 12th.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Fidelity National Information Services in a research note on Wednesday, August 13th. They now have a $63.00 price target on the stock, up previously from $57.00. Separately, analysts at Zacks downgraded shares of Fidelity National Information Services from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $58.00 price target on the stock. Finally, analysts at Monness Crespi & Hardt initiated coverage on shares of Fidelity National Information Services in a research note on Wednesday, August 6th. They set a “buy” rating and a $73.00 price target on the stock. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Fidelity National Information Services currently has an average rating of “Buy” and a consensus price target of $60.00.
Fidelity National Information Services, Inc (NYSE:FIS) is a global provider of banking and payments technologies.
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