Chris Bulman Inc Buys Shares of 1,660 Fidelity National Information Services, Inc. (NYSE:FIS)

Chris Bulman Inc purchased a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,660 shares of the information technology services provider’s stock, valued at approximately $125,000.

Other institutional investors also recently modified their holdings of the company. Linden Thomas Advisory Services LLC bought a new position in shares of Fidelity National Information Services in the second quarter valued at approximately $1,253,000. Quest Partners LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $653,000. Jump Financial LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $752,000. SG Americas Securities LLC raised its position in shares of Fidelity National Information Services by 572.2% in the second quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider’s stock valued at $16,775,000 after purchasing an additional 189,484 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Fidelity National Information Services by 25.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,013,537 shares of the information technology services provider’s stock valued at $301,194,000 after purchasing an additional 1,027,466 shares during the period. Institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. boosted their target price on shares of Fidelity National Information Services from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 20th. Barclays boosted their target price on shares of Fidelity National Information Services from $88.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, August 8th. Keefe, Bruyette & Woods boosted their target price on shares of Fidelity National Information Services from $85.00 to $88.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Finally, UBS Group boosted their target price on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.65.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein purchased 719 shares of Fidelity National Information Services stock in a transaction that occurred on Monday, July 15th. The shares were acquired at an average price of $76.81 per share, for a total transaction of $55,226.39. Following the transaction, the director now directly owns 9,771 shares in the company, valued at $750,510.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is owned by corporate insiders.

Fidelity National Information Services Stock Down 1.3 %

Shares of NYSE:FIS opened at $81.36 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $46.91 and a 52 week high of $83.29. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.35 and a current ratio of 1.35. The company’s fifty day moving average is $77.40 and its 200-day moving average is $74.35. The company has a market capitalization of $45.26 billion, a PE ratio of -7.95, a P/E/G ratio of 0.81 and a beta of 1.06.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 6th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.23 by $0.13. The company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.49 billion. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.55 EPS. Equities research analysts predict that Fidelity National Information Services, Inc. will post 5.08 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, September 10th. This represents a $1.44 annualized dividend and a yield of 1.77%. Fidelity National Information Services’s dividend payout ratio (DPR) is -14.08%.

Fidelity National Information Services 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.