Selz Capital LLC Makes New $10.15 Million Investment in Fidelity National Information Servcs Inc (NYSE:FIS)

Selz Capital LLC purchased a new position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 73,000 shares of the information technology services provider’s stock, valued at approximately $10,153,000. Fidelity National Information Servcs accounts for approximately 1.8% of Selz Capital LLC’s holdings, making the stock its 19th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Cerebellum GP LLC increased its holdings in Fidelity National Information Servcs by 16.8% during the 4th quarter. Cerebellum GP LLC now owns 3,963 shares of the information technology services provider’s stock worth $551,000 after purchasing an additional 569 shares during the period. AE Wealth Management LLC grew its position in shares of Fidelity National Information Servcs by 37.2% during the fourth quarter. AE Wealth Management LLC now owns 8,953 shares of the information technology services provider’s stock worth $1,245,000 after buying an additional 2,427 shares in the last quarter. Calamos Advisors LLC grew its position in shares of Fidelity National Information Servcs by 6.4% during the fourth quarter. Calamos Advisors LLC now owns 555,077 shares of the information technology services provider’s stock worth $77,206,000 after buying an additional 33,401 shares in the last quarter. Calamos Wealth Management LLC increased its stake in shares of Fidelity National Information Servcs by 17.5% during the fourth quarter. Calamos Wealth Management LLC now owns 52,108 shares of the information technology services provider’s stock worth $7,248,000 after buying an additional 7,746 shares during the period. Finally, Legacy Private Trust Co. increased its stake in shares of Fidelity National Information Servcs by 6.3% during the fourth quarter. Legacy Private Trust Co. now owns 3,477 shares of the information technology services provider’s stock worth $484,000 after buying an additional 206 shares during the period. 90.32% of the stock is currently owned by institutional investors and hedge funds.

In other news, EVP Gregory G. Montana sold 33,423 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $131.76, for a total transaction of $4,403,814.48. Following the transaction, the executive vice president now directly owns 8,586 shares in the company, valued at $1,131,291.36. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Marc M. Mayo sold 18,084 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $140.00, for a total transaction of $2,531,760.00. Following the transaction, the executive vice president now owns 23,202 shares in the company, valued at $3,248,280. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 59,590 shares of company stock worth $8,028,304. Company insiders own 1.43% of the company’s stock.

NYSE FIS traded down $0.37 during trading on Thursday, reaching $144.93. The company’s stock had a trading volume of 74,828 shares, compared to its average volume of 2,545,488. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $87.55 billion, a price-to-earnings ratio of 27.71, a P/E/G ratio of 2.53 and a beta of 0.63. Fidelity National Information Servcs Inc has a twelve month low of $101.74 and a twelve month high of $145.00. The business’s fifty day moving average price is $138.84 and its 200-day moving average price is $133.93.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, November 5th. The information technology services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. Fidelity National Information Servcs had a net margin of 8.24% and a return on equity of 12.07%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.84 billion. During the same period in the previous year, the business posted $1.33 earnings per share. Fidelity National Information Servcs’s quarterly revenue was up 35.4% on a year-over-year basis. As a group, sell-side analysts forecast that Fidelity National Information Servcs Inc will post 5.51 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a dividend of $0.35 per share. The ex-dividend date was Thursday, December 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.97%. Fidelity National Information Servcs’s dividend payout ratio (DPR) is 26.77%.

FIS has been the subject of a number of recent research reports. UBS Group assumed coverage on shares of Fidelity National Information Servcs in a research note on Monday, October 14th. They issued a “neutral” rating for the company. ValuEngine raised shares of Fidelity National Information Servcs from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Moffett Nathanson lowered shares of Fidelity National Information Servcs from a “buy” rating to a “neutral” rating in a report on Tuesday, January 7th. Morgan Stanley assumed coverage on shares of Fidelity National Information Servcs in a report on Monday, December 16th. They issued an “equal weight” rating and a $146.00 price objective on the stock. Finally, Robert W. Baird lifted their price objective on shares of Fidelity National Information Servcs from $162.00 to $166.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Fidelity National Information Servcs currently has a consensus rating of “Buy” and a consensus target price of $149.95.

About Fidelity National Information Servcs

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

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Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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