Catalyst Capital Advisors LLC Has $847,000 Stock Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Catalyst Capital Advisors LLC raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 16.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 10,111 shares of the information technology services provider’s stock after buying an additional 1,423 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $847,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Linden Thomas Advisory Services LLC acquired a new position in Fidelity National Information Services during the 2nd quarter valued at about $1,253,000. CENTRAL TRUST Co boosted its stake in Fidelity National Information Services by 757.9% in the third quarter. CENTRAL TRUST Co now owns 11,831 shares of the information technology services provider’s stock valued at $991,000 after acquiring an additional 10,452 shares during the last quarter. SG Americas Securities LLC grew its holdings in Fidelity National Information Services by 572.2% during the 2nd quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider’s stock worth $16,775,000 after acquiring an additional 189,484 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Fidelity National Information Services by 1.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 812,874 shares of the information technology services provider’s stock valued at $60,300,000 after acquiring an additional 11,655 shares during the last quarter. Finally, Mizuho Markets Americas LLC lifted its stake in shares of Fidelity National Information Services by 115.9% in the 1st quarter. Mizuho Markets Americas LLC now owns 3,748,200 shares of the information technology services provider’s stock valued at $278,041,000 after purchasing an additional 2,011,848 shares during the period. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Down 3.5 %

FIS stock opened at $86.57 on Wednesday. The business’s 50 day simple moving average is $85.75 and its 200 day simple moving average is $79.17. Fidelity National Information Services, Inc. has a 1-year low of $49.91 and a 1-year high of $91.98. The firm has a market capitalization of $47.23 billion, a PE ratio of 34.49, a PEG ratio of 0.79 and a beta of 1.06. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.62.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Monday, November 4th. The information technology services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.11. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same period in the prior year, the firm earned $0.94 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.09 EPS for the current year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be paid a dividend of $0.36 per share. The ex-dividend date is Monday, December 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.66%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 57.37%.

Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein acquired 626 shares of the stock in a transaction on Tuesday, October 15th. The shares were purchased at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the transaction, the director now directly owns 10,397 shares of the company’s stock, valued at approximately $917,535.25. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FIS. JPMorgan Chase & Co. boosted their target price on Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday. Bank of America upped their target price on shares of Fidelity National Information Services from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Tuesday, September 17th. Morgan Stanley lifted their price target on shares of Fidelity National Information Services from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Barclays upped their price objective on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Finally, Stephens lifted their target price on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Friday, October 18th. Ten equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.75.

About Fidelity National Information Services

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.