Harbour Investments Inc. Has $1.71 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Harbour Investments Inc. grew its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 14.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,412 shares of the information technology services provider’s stock after purchasing an additional 2,609 shares during the quarter. Harbour Investments Inc.’s holdings in Fidelity National Information Services were worth $1,710,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Cadence Bank grew its position in Fidelity National Information Services by 1.9% in the first quarter. Cadence Bank now owns 7,145 shares of the information technology services provider’s stock valued at $530,000 after acquiring an additional 132 shares during the last quarter. Graypoint LLC grew its holdings in shares of Fidelity National Information Services by 4.6% during the 3rd quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock valued at $253,000 after purchasing an additional 132 shares during the last quarter. Atomi Financial Group Inc. lifted its stake in Fidelity National Information Services by 3.4% in the 3rd quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock valued at $349,000 after purchasing an additional 135 shares during the last quarter. Concord Wealth Partners boosted its position in Fidelity National Information Services by 50.2% in the third 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 in the last quarter. Finally, SageView Advisory Group LLC increased its holdings in shares of Fidelity National Information Services by 1.3% during the first quarter. SageView Advisory Group LLC now owns 11,497 shares of the information technology services provider’s stock worth $853,000 after buying an additional 148 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 1.4 %

Fidelity National Information Services stock opened at $88.88 on Thursday. The company has a market capitalization of $47.85 billion, a PE ratio of 35.41, a PEG ratio of 0.74 and a beta of 1.06. Fidelity National Information Services, Inc. has a 12-month low of $53.39 and a 12-month high of $91.98. The firm’s fifty day moving average is $86.29 and its 200 day moving average is $79.76. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63.

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

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 9th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.62%. Fidelity National Information Services’s dividend payout ratio is 57.37%.

Analyst Ratings Changes

FIS has been the topic of a number of research reports. Morgan Stanley boosted their price objective on Fidelity National Information Services from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 5th. UBS Group upped their price objective on Fidelity National Information Services from $80.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. lifted their target price on shares of Fidelity National Information Services from $89.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. TD Cowen upped their price target on shares of Fidelity National Information Services from $78.00 to $86.00 and gave the company a “hold” rating in a research report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Fidelity National Information Services from $70.00 to $73.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $89.68.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 626 shares of the firm’s stock in a transaction on Tuesday, October 15th. The stock was acquired at an average price of $88.25 per share, for a total transaction of $55,244.50. Following the purchase, the director now owns 10,397 shares of the company’s stock, valued at $917,535.25. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by company insiders.

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.