Catalyst Financial Partners LLC Sells 232 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Catalyst Financial Partners LLC trimmed its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 4.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,531 shares of the information technology services provider’s stock after selling 232 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Fidelity National Information Services were worth $366,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Heck Capital Advisors LLC bought a new stake in Fidelity National Information Services during the 4th quarter worth approximately $2,593,000. Avanza Fonder AB bought a new stake in Fidelity National Information Services during the 4th quarter worth approximately $3,227,000. Princeton Global Asset Management LLC bought a new stake in Fidelity National Information Services during the 4th quarter worth approximately $2,313,000. CENTRAL TRUST Co grew its stake in shares of Fidelity National Information Services by 757.9% during the 3rd quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock worth $991,000 after acquiring an additional 10,452 shares in the last quarter. Finally, Brighton Jones LLC bought a new position in shares of Fidelity National Information Services during the 4th quarter worth approximately $347,000. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Down 2.4 %

FIS stock opened at $68.84 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $62.17 and a 52 week high of $91.98. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63. The business has a 50-day simple moving average of $80.53 and a 200 day simple moving average of $82.78. The company has a market cap of $37.06 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 0.63 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. During the same period in the previous year, the firm earned $0.94 EPS. Sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.18 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Tuesday, March 11th. Fidelity National Information Services’s payout ratio is 61.30%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on FIS shares. Robert W. Baird raised their price target on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Wells Fargo & Company decreased their price target on shares of Fidelity National Information Services from $88.00 to $80.00 and set an “equal weight” rating for the company in a research note on Wednesday. Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating for the company in a research note on Wednesday. Royal Bank of Canada decreased their price target on shares of Fidelity National Information Services from $104.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Morgan Stanley decreased their target price on shares of Fidelity National Information Services from $92.00 to $86.00 and set an “equal weight” rating for the company in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $87.95.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 701 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were bought at an average cost of $79.97 per share, with a total value of $56,058.97. Following the completion of the purchase, the director now directly owns 11,098 shares in the company, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.20% of the company’s stock.

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.