Fidelity National Information Services, Inc. (NYSE:FIS) Shares Bought by Nilsine Partners LLC

Nilsine Partners LLC grew its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 13.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,075 shares of the information technology services provider’s stock after purchasing an additional 371 shares during the quarter. Nilsine Partners LLC’s holdings in Fidelity National Information Services were worth $248,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Larson Financial Group LLC raised its stake in Fidelity National Information Services by 94.1% during the third quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 159 shares in the last quarter. Kennebec Savings Bank bought a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at approximately $28,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at approximately $30,000. Concord Wealth Partners boosted its holdings in Fidelity National Information Services by 50.2% in the third quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock worth $37,000 after purchasing an additional 146 shares during the period. Finally, Morse Asset Management Inc bought a new stake in Fidelity National Information Services during the third quarter valued at $37,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

NYSE FIS opened at $80.74 on Thursday. The stock has a market capitalization of $43.46 billion, a P/E ratio of 32.17, a P/E/G ratio of 0.60 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.18 and a current ratio of 1.18. The business’s fifty day moving average is $81.92 and its two-hundred day moving average is $82.56. Fidelity National Information Services, Inc. has a 1 year low of $60.39 and a 1 year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.29 by $0.11. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. Fidelity National Information Services’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.94 earnings per share. On average, research analysts forecast that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Stephens raised their price target on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Wells Fargo & Company initiated coverage on Fidelity National Information Services in a research note on Tuesday, January 14th. They issued an “equal weight” rating and a $88.00 target price for the company. Mizuho increased their price target on Fidelity National Information Services from $91.00 to $104.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Keefe, Bruyette & Woods boosted their price objective on Fidelity National Information Services from $97.00 to $102.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. increased their target price on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.00.

Insider Transactions at Fidelity National Information Services

In other news, EVP Lenore D. Williams sold 11,305 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the sale, the executive vice president now directly owns 32,199 shares of the company’s stock, valued at $2,832,546.03. This represents a 25.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey A. Goldstein acquired 701 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were bought at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the transaction, the director now directly owns 11,098 shares of the company’s stock, valued at $887,507.06. This represents a 6.74 % increase in their position. The disclosure for this purchase can be found here. 0.20% of the stock is currently owned by insiders.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.