Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lessened its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 24.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 218,686 shares of the information technology services provider’s stock after selling 68,876 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Fidelity National Information Services were worth $18,315,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its holdings in Fidelity National Information Services by 2.8% in the 1st quarter. Bessemer Group Inc. now owns 12,806 shares of the information technology services provider’s stock worth $950,000 after acquiring an additional 348 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of Fidelity National Information Services by 16.1% during the 1st quarter. Canada Pension Plan Investment Board now owns 326,318 shares of the information technology services provider’s stock worth $24,206,000 after purchasing an additional 45,154 shares during the last quarter. LRI Investments LLC purchased a new position in Fidelity National Information Services in the 1st quarter valued at about $46,000. Price T Rowe Associates Inc. MD boosted its holdings in Fidelity National Information Services by 1.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 812,874 shares of the information technology services provider’s stock worth $60,300,000 after buying an additional 11,655 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC purchased a new stake in Fidelity National Information Services during the 1st quarter worth approximately $437,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

FIS has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. lifted their target price on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Robert W. Baird increased their target price on shares of Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Susquehanna upped their price objective on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the company a “positive” rating in a research note on Tuesday, November 5th. Finally, Jefferies Financial Group raised their target price on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $91.50.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein bought 626 shares of the stock in a transaction on Tuesday, October 15th. The shares were bought at an average cost of $88.25 per share, for a total transaction of $55,244.50. Following the purchase, the director now owns 10,397 shares of the company’s stock, valued at $917,535.25. This trade represents a 6.41 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $87.97, for a total transaction of $994,500.85. Following the completion of the sale, the executive vice president now owns 32,199 shares of the company’s stock, valued at $2,832,546.03. This trade represents a 25.99 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.

Fidelity National Information Services Stock Up 0.7 %

Shares of NYSE:FIS opened at $86.08 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market capitalization of $46.34 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 0.73 and a beta of 1.06. The firm’s 50-day moving average is $86.96 and its two-hundred day moving average is $80.60. Fidelity National Information Services, Inc. has a 1 year low of $54.65 and a 1 year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Monday, November 4th. The information technology services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. During the same period in the previous year, the firm posted $0.94 EPS. Fidelity National Information Services’s revenue for the quarter was up 3.1% on a year-over-year basis. Analysts predict that Fidelity National Information Services, Inc. will post 5.18 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Monday, December 9th. Fidelity National Information Services’s dividend payout ratio is presently 57.37%.

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.