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

Calamos Advisors LLC lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 0.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 128,623 shares of the information technology services provider’s stock after purchasing an additional 1,070 shares during the period. Calamos Advisors LLC’s holdings in Fidelity National Information Services were worth $10,389,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Larson Financial Group LLC boosted its position in shares of Fidelity National Information Services by 94.1% in the 3rd quarter. Larson Financial Group LLC now owns 328 shares of the information technology services provider’s stock worth $27,000 after buying an additional 159 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of Fidelity National Information Services in the third quarter valued at about $28,000. R Squared Ltd acquired a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $30,000. Concord Wealth Partners raised its position in shares of Fidelity National Information Services by 50.2% during the 3rd 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 last quarter. Finally, Morse Asset Management Inc purchased a new stake in Fidelity National Information Services in the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Buying and Selling at Fidelity National Information Services

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

Fidelity National Information Services Stock Performance

NYSE FIS opened at $81.59 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.18 and a quick ratio of 1.18. Fidelity National Information Services, Inc. has a 1-year low of $60.39 and a 1-year high of $91.98. The firm has a market capitalization of $43.92 billion, a P/E ratio of 32.50, a P/E/G ratio of 0.62 and a beta of 1.04. The business’s 50-day simple moving average is $81.60 and its 200-day simple moving average is $82.70.

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

Fidelity National Information Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be issued a $0.40 dividend. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 1.96%. The ex-dividend date is Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

Analyst Upgrades and Downgrades

FIS has been the subject of several recent research reports. Robert W. Baird raised their price target on Fidelity National Information Services from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Morgan Stanley lifted their price objective on Fidelity National Information Services from $87.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 18th. Jefferies Financial Group upped their target price on shares of Fidelity National Information Services from $80.00 to $90.00 and gave the company a “hold” rating in a report on Wednesday, October 16th. Barclays lifted 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 report on Thursday, October 10th. Finally, Compass Point initiated coverage on shares of Fidelity National Information Services in a research report on Wednesday, November 20th. They set a “buy” rating and a $126.00 target price on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $92.00.

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.