Camden National Bank Has $4.98 Million Holdings in Fidelity National Information Servcs Inc (NYSE:FIS)

Camden National Bank lifted its holdings in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,525 shares of the information technology services provider’s stock after purchasing an additional 964 shares during the period. Camden National Bank’s holdings in Fidelity National Information Servcs were worth $4,981,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. First PREMIER Bank acquired a new position in shares of Fidelity National Information Servcs during the third quarter worth $25,000. Redhawk Wealth Advisors Inc. acquired a new position in Fidelity National Information Servcs in the second quarter valued at $29,000. Doyle Wealth Management acquired a new position in Fidelity National Information Servcs in the second quarter valued at $32,000. Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its holdings in Fidelity National Information Servcs by 2,820.0% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 292 shares of the information technology services provider’s stock valued at $38,000 after buying an additional 282 shares during the period. Finally, Truvestments Capital LLC acquired a new position in Fidelity National Information Servcs in the third quarter valued at $40,000. Institutional investors own 92.69% of the company’s stock.

In other Fidelity National Information Servcs news, COO Stephanie Ferris sold 40,855 shares of Fidelity National Information Servcs stock in a transaction on Monday, September 9th. The shares were sold at an average price of $134.33, for a total value of $5,488,052.15. Following the completion of the sale, the chief operating officer now directly owns 60,054 shares of the company’s stock, valued at $8,067,053.82. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO James W. Woodall sold 100,499 shares of Fidelity National Information Servcs stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $133.76, for a total transaction of $13,442,746.24. Following the completion of the sale, the chief financial officer now directly owns 157,497 shares of the company’s stock, valued at $21,066,798.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 331,737 shares of company stock valued at $44,517,690. Insiders own 1.43% of the company’s stock.

FIS traded up $0.33 during midday trading on Friday, hitting $131.87. The company had a trading volume of 168,484 shares, compared to its average volume of 3,425,832. Fidelity National Information Servcs Inc has a 52 week low of $94.53 and a 52 week high of $141.35. The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 1.67. The company has a market capitalization of $79.46 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 2.48 and a beta of 0.64. The stock’s 50 day moving average price is $133.53 and its 200 day moving average price is $124.78.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share for the quarter, meeting the consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The firm had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the firm posted $1.23 earnings per share. The business’s revenue was up .3% compared to the same quarter last year. Research analysts predict that Fidelity National Information Servcs Inc will post 5.83 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.06%. The ex-dividend date was Thursday, September 12th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 26.77%.

Several equities analysts recently issued reports on the stock. Canaccord Genuity assumed coverage on shares of Fidelity National Information Servcs in a report on Thursday, September 12th. They issued a “buy” rating and a $151.00 target price on the stock. Citigroup boosted their target price on shares of Fidelity National Information Servcs from $142.00 to $152.00 and gave the company a “buy” rating in a report on Monday, September 9th. Robert W. Baird boosted their target price on shares of Fidelity National Information Servcs from $145.00 to $158.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Cantor Fitzgerald boosted their target price on shares of Fidelity National Information Servcs from $134.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Finally, SunTrust Banks set a $135.00 target price on shares of Fidelity National Information Servcs and gave the company a “hold” rating in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $148.53.

About Fidelity National Information Servcs

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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