HM Payson & Co. Has $48,000 Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

HM Payson & Co. reduced its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 21.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 600 shares of the information technology services provider’s stock after selling 163 shares during the quarter. HM Payson & Co.’s holdings in Fidelity National Information Services were worth $48,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Bradley Foster & Sargent Inc. CT grew its holdings in shares of Fidelity National Information Services by 4.7% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 2,869 shares of the information technology services provider’s stock worth $232,000 after purchasing an additional 128 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of Fidelity National Information Services by 2.2% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider’s stock worth $480,000 after purchasing an additional 129 shares in the last quarter. Old Port Advisors grew its holdings in shares of Fidelity National Information Services by 4.9% during the 4th quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider’s stock worth $232,000 after purchasing an additional 135 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of Fidelity National Information Services by 3.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock worth $308,000 after purchasing an additional 137 shares in the last quarter. Finally, Modera Wealth Management LLC grew its holdings in shares of Fidelity National Information Services by 4.8% during the 4th quarter. Modera Wealth Management LLC now owns 2,990 shares of the information technology services provider’s stock worth $242,000 after purchasing an additional 137 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FIS has been the topic of several research analyst reports. Barclays reduced their price objective on Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Compass Point reduced their price objective on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. William Blair reaffirmed an “outperform” rating on shares of Fidelity National Information Services in a research note on Tuesday, February 18th. Susquehanna lowered Fidelity National Information Services from a “positive” rating to a “neutral” rating and reduced their price objective for the company from $103.00 to $81.00 in a research note on Wednesday, February 12th. Finally, Morgan Stanley reduced their price objective on Fidelity National Information Services from $92.00 to $86.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $88.65.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 701 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the acquisition, the director now owns 11,098 shares of the company’s stock, valued at $887,507.06. The trade was a 6.74 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.20% of the stock is owned by insiders.

Fidelity National Information Services Trading Up 0.0 %

Shares of Fidelity National Information Services stock opened at $71.29 on Tuesday. The stock has a market capitalization of $37.76 billion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. Fidelity National Information Services, Inc. has a 52 week low of $66.72 and a 52 week high of $91.98. The stock has a 50 day moving average price of $76.17 and a two-hundred day moving average price of $82.01.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same quarter in the previous year, the business earned $0.94 EPS. As a group, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a dividend of $0.40 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, March 11th. This represents a $1.60 annualized dividend and a dividend yield of 2.24%. Fidelity National Information Services’s payout ratio is presently 61.30%.

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.