Fidelity National Information Services, Inc. (NYSE:FIS) Director James B. Stallings, Jr. sold 2,181 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $90.32, for a total transaction of $196,987.92. Following the completion of the sale, the director now directly owns 12,317 shares of the company’s stock, valued at $1,112,471.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Fidelity National Information Services, Inc. (NYSE FIS) traded up 0.20% on Monday, hitting $90.55. 2,385,506 shares of the stock were exchanged. The firm’s 50 day moving average price is $87.57 and its 200 day moving average price is $83.41. The firm has a market cap of $29.88 billion, a price-to-earnings ratio of 45.39 and a beta of 0.84. Fidelity National Information Services, Inc. has a one year low of $73.25 and a one year high of $91.90.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Wednesday, August 2nd. The information technology services provider reported $1.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Fidelity National Information Services had a net margin of 7.08% and a return on equity of 13.49%. Fidelity National Information Services’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.90 EPS. Equities analysts anticipate that Fidelity National Information Services, Inc. will post $4.28 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a $0.29 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.16 annualized dividend and a yield of 1.28%. Fidelity National Information Services’s dividend payout ratio is presently 58.00%.

Fidelity National Information Services announced that its Board of Directors has authorized a stock buyback plan on Wednesday, August 2nd that permits the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization permits the information technology services provider to purchase up to 13.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

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A number of equities research analysts recently weighed in on FIS shares. Royal Bank Of Canada reissued a “buy” rating and issued a $96.00 price target on shares of Fidelity National Information Services in a research report on Wednesday, July 12th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $89.00 target price on shares of Fidelity National Information Services in a report on Tuesday, May 2nd. Credit Suisse Group reaffirmed a “buy” rating and issued a $88.00 target price on shares of Fidelity National Information Services in a report on Thursday, April 27th. BidaskClub raised shares of Fidelity National Information Services from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. Finally, Barclays PLC reaffirmed a “buy” rating and issued a $94.00 target price on shares of Fidelity National Information Services in a report on Monday, May 15th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $92.20.

Hedge funds have recently modified their holdings of the stock. Guardian Life Insurance Co. of America increased its stake in shares of Fidelity National Information Services by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,266 shares of the information technology services provider’s stock valued at $101,000 after buying an additional 9 shares in the last quarter. Morgan Dempsey Capital Management LLC increased its stake in shares of Fidelity National Information Services by 3.6% in the first quarter. Morgan Dempsey Capital Management LLC now owns 1,301 shares of the information technology services provider’s stock valued at $104,000 after buying an additional 45 shares in the last quarter. Financial Architects Inc increased its stake in shares of Fidelity National Information Services by 0.7% in the first quarter. Financial Architects Inc now owns 1,327 shares of the information technology services provider’s stock valued at $106,000 after buying an additional 9 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Fidelity National Information Services by 6.8% in the second quarter. IFP Advisors Inc now owns 1,317 shares of the information technology services provider’s stock valued at $112,000 after buying an additional 84 shares in the last quarter. Finally, North Star Investment Management Corp. increased its stake in shares of Fidelity National Information Services by 5.4% in the first quarter. North Star Investment Management Corp. now owns 1,457 shares of the information technology services provider’s stock valued at $116,000 after buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 86.70% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

Insider Buying and Selling by Quarter for Fidelity National Information Services (NYSE:FIS)

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