Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. cut its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 24.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,686 shares of the information technology services provider’s stock after selling 68,876 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Fidelity National Information Services were worth $18,315,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of FIS. Graypoint LLC grew its position in Fidelity National Information Services by 4.6% in the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock valued at $253,000 after acquiring an additional 132 shares in the last quarter. Atomi Financial Group Inc. increased its stake in Fidelity National Information Services by 3.4% during the 3rd quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after buying an additional 135 shares during the period. Aptus Capital Advisors LLC lifted its holdings in Fidelity National Information Services by 3.9% in the 3rd 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. Concord Wealth Partners boosted its position in Fidelity National Information Services by 50.2% in the 3rd quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock valued at $37,000 after buying an additional 146 shares during the last quarter. Finally, Moody National Bank Trust Division increased its position in shares of Fidelity National Information Services by 2.4% during the second quarter. Moody National Bank Trust Division now owns 7,117 shares of the information technology services provider’s stock worth $536,000 after acquiring an additional 169 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 626 shares of Fidelity National Information Services stock in a transaction dated Tuesday, October 15th. The stock was acquired at an average cost of $88.25 per share, for a total transaction of $55,244.50. Following the acquisition, the director now directly owns 10,397 shares in the company, valued at $917,535.25. This represents a 6.41 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the transaction, the executive vice president now owns 32,199 shares in the company, valued at $2,832,546.03. This represents a 25.99 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Price Performance

FIS stock opened at $86.08 on Friday. The firm has a 50-day moving average of $86.96 and a two-hundred day moving average of $80.60. The firm has a market capitalization of $46.34 billion, a PE ratio of 34.29, a P/E/G ratio of 0.73 and a beta of 1.06. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a one year low of $54.65 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.11. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same period in the prior year, the business earned $0.94 EPS. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts forecast that Fidelity National Information Services, Inc. will post 5.18 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.44 annualized dividend and a yield of 1.67%. Fidelity National Information Services’s dividend payout ratio is presently 57.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FIS shares. Robert W. Baird raised their price objective on Fidelity National Information Services from $92.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. lifted their price target on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. BNP Paribas lowered shares of Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a report on Wednesday. Susquehanna upped their target price on shares of Fidelity National Information Services from $88.00 to $103.00 and gave the company a “positive” rating in a research note on Tuesday, November 5th. Finally, Royal Bank of Canada lifted their price target on Fidelity National Information Services from $95.00 to $104.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.50.

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.