Sepio Capital LP Has $3.04 Million Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Sepio Capital LP lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 12.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,333 shares of the information technology services provider’s stock after selling 5,961 shares during the quarter. Sepio Capital LP’s holdings in Fidelity National Information Services were worth $3,040,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Cadence Bank raised its stake in shares of Fidelity National Information Services by 1.9% during the first quarter. Cadence Bank now owns 7,145 shares of the information technology services provider’s stock worth $530,000 after buying an additional 132 shares during the last quarter. Manchester Capital Management LLC raised its position in shares of Fidelity National Information Services by 6.8% during the 1st quarter. Manchester Capital Management LLC now owns 2,233 shares of the information technology services provider’s stock valued at $166,000 after acquiring an additional 143 shares during the last quarter. SageView Advisory Group LLC lifted its stake in shares of Fidelity National Information Services by 1.3% in the 1st quarter. SageView Advisory Group LLC now owns 11,497 shares of the information technology services provider’s stock valued at $853,000 after purchasing an additional 148 shares during the period. Brown Brothers Harriman & Co. boosted its position in shares of Fidelity National Information Services by 14.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 1,317 shares of the information technology services provider’s stock worth $79,000 after purchasing an additional 166 shares during the last quarter. Finally, Moody National Bank Trust Division grew its stake 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 purchasing an additional 169 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $83.13 on Friday. The company has a market cap of $46.24 billion, a PE ratio of -8.13, a price-to-earnings-growth ratio of 0.83 and a beta of 1.08. The firm has a 50-day moving average of $79.74 and a 200-day moving average of $75.88. Fidelity National Information Services, Inc. has a one year low of $46.91 and a one year high of $85.63. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.35 and a quick ratio of 1.35.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.13. Fidelity National Information Services had a return on equity of 13.63% and a net margin of 7.72%. The business had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.49 billion. During the same quarter last year, the company posted $1.55 earnings per share. Fidelity National Information Services’s quarterly revenue was up 2.7% on a year-over-year basis. As a group, equities analysts forecast that Fidelity National Information Services, Inc. will post 5.08 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.36 per share. The ex-dividend date was Tuesday, September 10th. This represents a $1.44 dividend on an annualized basis and a yield of 1.73%. Fidelity National Information Services’s dividend payout ratio (DPR) is -14.08%.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 719 shares of the business’s stock in a transaction on Monday, July 15th. The stock was purchased at an average cost of $76.81 per share, for a total transaction of $55,226.39. Following the completion of the transaction, the director now directly owns 9,771 shares of the company’s stock, valued at approximately $750,510.51. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on FIS. Deutsche Bank Aktiengesellschaft boosted their target price on 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. Morgan Stanley downgraded shares of Fidelity National Information Services from an “overweight” rating to an “equal weight” rating and set a $79.00 target price for the company. in a research note on Monday, July 22nd. JPMorgan Chase & Co. lifted their price target 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. Royal Bank of Canada upped their price objective on shares of Fidelity National Information Services from $93.00 to $95.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Finally, UBS Group lifted their target price on Fidelity National Information Services from $78.00 to $80.00 and gave the stock a “neutral” rating in a 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $81.25.

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.