People s United Financial Inc. Sells 125 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

People s United Financial Inc. lessened its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 1.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,016 shares of the information technology services provider’s stock after selling 125 shares during the period. People s United Financial Inc.’s holdings in Fidelity National Information Services were worth $1,180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Tranquility Partners LLC lifted its holdings in shares of Fidelity National Information Services by 4.2% during the 2nd quarter. Tranquility Partners LLC now owns 1,746 shares of the information technology services provider’s stock worth $234,000 after acquiring an additional 71 shares during the period. Tiemann Investment Advisors LLC increased its position in Fidelity National Information Services by 3.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,100 shares of the information technology services provider’s stock worth $282,000 after purchasing an additional 75 shares in the last quarter. Mosaic Family Wealth LLC increased its position in Fidelity National Information Services by 2.0% during the 3rd quarter. Mosaic Family Wealth LLC now owns 3,856 shares of the information technology services provider’s stock worth $568,000 after purchasing an additional 75 shares in the last quarter. Evolution Wealth Advisors LLC increased its position in Fidelity National Information Services by 71.0% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 183 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Bellecapital International Ltd. increased its position in Fidelity National Information Services by 3.5% during the 3rd quarter. Bellecapital International Ltd. now owns 2,256 shares of the information technology services provider’s stock worth $332,000 after purchasing an additional 77 shares in the last quarter. 89.82% of the stock is owned by institutional investors.

Shares of NYSE FIS opened at $147.97 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.31. Fidelity National Information Services, Inc. has a 52 week low of $91.68 and a 52 week high of $158.21. The firm’s fifty day moving average is $140.90 and its 200 day moving average is $141.36. The company has a market cap of $91.82 billion, a price-to-earnings ratio of -822.06, a PEG ratio of 1.48 and a beta of 0.76.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Thursday, October 29th. The information technology services provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.41 by $0.01. Fidelity National Information Services had a negative net margin of 0.83% and a positive return on equity of 6.88%. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the previous year, the firm earned $1.43 earnings per share. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.49 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Friday, December 11th. Fidelity National Information Services’s payout ratio is 24.96%.

FIS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Fidelity National Information Services from $168.00 to $170.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 20th. Credit Suisse Group reissued a “buy” rating on shares of Fidelity National Information Services in a research note on Wednesday, August 12th. Sanford C. Bernstein initiated coverage on shares of Fidelity National Information Services in a research note on Tuesday, August 18th. They set an “outperform” rating and a $170.00 target price on the stock. Loop Capital initiated coverage on shares of Fidelity National Information Services in a research note on Tuesday, September 22nd. They set a “hold” rating and a $150.00 target price on the stock. Finally, Wells Fargo & Company increased their target price on shares of Fidelity National Information Services from $150.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Five investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company. Fidelity National Information Services presently has a consensus rating of “Buy” and a consensus target price of $161.85.

In other Fidelity National Information Services news, EVP Gregory G. Montana sold 17,848 shares of the business’s stock in a transaction on Wednesday, November 11th. The shares were sold at an average price of $143.22, for a total transaction of $2,556,190.56. Following the transaction, the executive vice president now directly owns 17,895 shares of the company’s stock, valued at approximately $2,562,921.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Stephanie Ferris sold 6,583 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $150.75, for a total transaction of $992,387.25. Following the transaction, the chief operating officer now directly owns 32,020 shares in the company, valued at $4,827,015. The disclosure for this sale can be found here. Over the last three months, insiders have sold 68,505 shares of company stock worth $9,967,983. Insiders own 0.70% of the company’s stock.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. The Merchant Solutions segment offers merchant acquiring, integrated payment, and global e-commerce solutions.

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

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