Allworth Financial LP Purchases 210 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Allworth Financial LP raised its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 10.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,229 shares of the information technology services provider’s stock after purchasing an additional 210 shares during the period. Allworth Financial LP’s holdings in Fidelity National Information Services were worth $187,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Sumitomo Mitsui Trust Holdings Inc. grew its stake in Fidelity National Information Services by 0.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,423,336 shares of the information technology services provider’s stock valued at $105,583,000 after acquiring an additional 6,207 shares during the period. State of Alaska Department of Revenue increased its stake in Fidelity National Information Services by 0.5% during the 1st quarter. State of Alaska Department of Revenue now owns 64,285 shares of the information technology services provider’s stock worth $4,768,000 after purchasing an additional 305 shares in the last quarter. First Trust Direct Indexing L.P. raised its holdings in Fidelity National Information Services by 18.7% during the 1st quarter. First Trust Direct Indexing L.P. now owns 12,910 shares of the information technology services provider’s stock worth $958,000 after buying an additional 2,033 shares during the period. Mission Wealth Management LP bought a new position in Fidelity National Information Services in the first quarter valued at approximately $230,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Fidelity National Information Services by 32.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 579,628 shares of the information technology services provider’s stock valued at $42,997,000 after acquiring an additional 143,315 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 626 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was bought at an average price of $88.25 per share, with a total value of $55,244.50. Following the completion of the acquisition, the director now owns 10,397 shares of the company’s stock, valued at $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 SEC, which is accessible through this link. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on FIS shares. Keefe, Bruyette & Woods boosted their price target on Fidelity National Information Services from $85.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Jefferies Financial Group upped their price target on Fidelity National Information Services from $80.00 to $90.00 and gave the stock a “hold” rating in a research report on Wednesday, October 16th. UBS Group lifted their price objective on shares of Fidelity National Information Services from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, August 7th. Susquehanna boosted their price objective on shares of Fidelity National Information Services from $86.00 to $88.00 and gave the stock a “positive” rating in a research report on Wednesday, August 7th. Finally, Barclays boosted their price target on shares of Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Ten equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.30.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $90.77 on Thursday. The stock has a market cap of $50.49 billion, a PE ratio of -8.87, a P/E/G ratio of 0.77 and a beta of 1.08. 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 firm has a 50-day moving average of $85.04 and a 200-day moving average of $78.60. Fidelity National Information Services, Inc. has a 52-week low of $47.97 and a 52-week high of $91.44.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.13. Fidelity National Information Services had a net margin of 7.72% and a return on equity of 13.63%. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same period last year, the business posted $1.55 earnings per share. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.08 EPS for the current year.

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.