Thompson Siegel & Walmsley LLC Sells 98,816 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Thompson Siegel & Walmsley LLC lessened its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 16.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 496,798 shares of the information technology services provider’s stock after selling 98,816 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.09% of Fidelity National Information Services worth $37,439,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FIS. Rise Advisors LLC bought a new position in shares of Fidelity National Information Services in the first quarter worth $29,000. Delta Asset Management LLC TN grew its position in Fidelity National Information Services by 600.0% during the fourth quarter. Delta Asset Management LLC TN now owns 525 shares of the information technology services provider’s stock worth $32,000 after buying an additional 450 shares in the last quarter. EdgeRock Capital LLC bought a new position in Fidelity National Information Services in the 2nd quarter worth about $35,000. Family Firm Inc. purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $35,000. Finally, Palisade Asset Management LLC bought a new stake in shares of Fidelity National Information Services during the 1st quarter valued at about $37,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 719 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were acquired at an average price of $76.81 per share, for a total transaction of $55,226.39. Following the completion of the acquisition, the director now directly owns 9,771 shares in the company, valued at approximately $750,510.51. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.20% of the stock is owned by corporate insiders.

Fidelity National Information Services Trading Down 0.1 %

Shares of FIS opened at $84.14 on Friday. The stock has a market capitalization of $45.90 billion, a P/E ratio of -8.22, a PEG ratio of 0.82 and a beta of 1.08. Fidelity National Information Services, Inc. has a twelve month low of $46.91 and a twelve month high of $84.77. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.62. The firm has a fifty day simple moving average of $78.22 and a two-hundred day simple moving average of $74.99.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, August 6th. The information technology services provider reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.13. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The company had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same period in the prior year, the business posted $1.55 earnings per share. Fidelity National Information Services’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.08 EPS for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 10th will be paid a dividend of $0.36 per share. The ex-dividend date is Tuesday, September 10th. This represents a $1.44 annualized dividend and a dividend yield of 1.71%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently -14.08%.

Analyst Ratings Changes

Several research firms recently weighed in on FIS. UBS Group upped their price objective on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Morgan Stanley cut shares of Fidelity National Information Services from an “overweight” rating to an “equal weight” rating and set a $79.00 price objective on the stock. in a research report on Monday, July 22nd. Barclays upped their target price on shares of Fidelity National Information Services from $88.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft raised their price target on Fidelity National Information Services from $70.00 to $73.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Finally, Keefe, Bruyette & Woods lifted their price target on Fidelity National Information Services from $85.00 to $88.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $80.65.

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.