Natixis Advisors LLC Has $51.01 Million Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Natixis Advisors LLC raised its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 5.6% in the fourth quarter, HoldingsChannel reports. The fund owned 631,495 shares of the information technology services provider’s stock after purchasing an additional 33,337 shares during the quarter. Natixis Advisors LLC’s holdings in Fidelity National Information Services were worth $51,006,000 as of its most recent SEC filing.

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

Fidelity National Information Services Stock Performance

Shares of FIS opened at $70.92 on Friday. The stock’s 50-day simple moving average is $75.28 and its 200 day simple moving average is $81.69. The stock has a market capitalization of $37.57 billion, a price-to-earnings ratio of 27.17, 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 $66.51 and a 52-week high of $91.98.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 posted $0.94 EPS. Research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be paid a $0.40 dividend. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio is currently 61.30%.

Wall Street Analyst Weigh In

FIS has been the subject of several recent research reports. Compass Point decreased their price target on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Wells Fargo & Company reduced their price objective on 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, February 12th. Susquehanna downgraded 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. Royal Bank of Canada reduced their price objective on Fidelity National Information Services from $104.00 to $95.00 and set an “outperform” rating for the company 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 for the company in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $88.65.

Insiders Place Their Bets

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 701 shares of the firm’s stock in a transaction 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 purchase, the director now directly owns 11,098 shares of the company’s stock, valued at $887,507.06. The trade was a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate 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.