Machina Capital S.A.S. Acquires New Holdings in Fidelity National Information Services, Inc. $FIS

Machina Capital S.A.S. acquired a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 46,658 shares of the information technology services provider’s stock, valued at approximately $3,077,000.

Other large investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC boosted its stake in shares of Fidelity National Information Services by 5.2% during the third quarter. Ashton Thomas Private Wealth LLC now owns 10,636 shares of the information technology services provider’s stock valued at $701,000 after acquiring an additional 527 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in Fidelity National Information Services by 8.4% in the 3rd quarter. Penserra Capital Management LLC now owns 172,492 shares of the information technology services provider’s stock valued at $11,372,000 after purchasing an additional 13,390 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in shares of Fidelity National Information Services by 4.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 38,359 shares of the information technology services provider’s stock worth $2,529,000 after purchasing an additional 1,805 shares during the last quarter. AGF Management Ltd. purchased a new stake in shares of Fidelity National Information Services during the third quarter worth about $3,096,000. Finally, Jones Financial Companies Lllp raised its position in shares of Fidelity National Information Services by 38.3% in the third quarter. Jones Financial Companies Lllp now owns 8,750 shares of the information technology services provider’s stock valued at $563,000 after buying an additional 2,425 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock opened at $50.90 on Wednesday. The business’s fifty day moving average price is $64.22 and its 200 day moving average price is $67.10. Fidelity National Information Services, Inc. has a twelve month low of $50.85 and a twelve month high of $83.97. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $26.36 billion, a P/E ratio of 188.51, a PEG ratio of 0.83 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Wednesday, November 5th. The information technology services provider reported $1.51 EPS for the quarter, topping the consensus estimate of $1.48 by $0.03. The company had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.65 billion. Fidelity National Information Services had a return on equity of 19.76% and a net margin of 1.45%.The firm’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.40 earnings per share. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a yield of 3.5%. Fidelity National Information Services’s dividend payout ratio is currently 592.59%.

Analysts Set New Price Targets

FIS has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $70.00 target price on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Stephens lowered their price objective on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Compass Point dropped their target price on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Jefferies Financial Group decreased their price target on Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating on the stock in a research note on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lowered their price target on Fidelity National Information Services from $85.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Hold” and a consensus price target of $79.53.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of Fidelity National Information Services stock in a transaction on Thursday, January 15th. The shares were purchased at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the transaction, the director directly owned 14,529 shares in the company, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.21% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.