1 week Ago By ABMN Staff
Shares of Fidelity National Information Services, Inc. ( NYSE:FIS – Get Free Report ) have earned an average rating of “Moderate Buy” from the twenty-two research firms that are covering the firm, Marketbeat.com reports.
One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $91.75.
FIS has been the subject of several recent analyst reports. BNP Paribas downgraded shares of Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 20th. Jefferies Financial Group upped their price objective 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. Bank of America raised their target price on Fidelity National Information Services from $90.
00 to $96.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Mizuho upped their price target on Fidelity National Information Services from $91.
00 to $104.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, Morgan Stanley raised their price objective on shares of Fidelity National Information Services from $87.
00 to $92.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 18th. View Our Latest Stock Report on Fidelity National Information Services Insider Activity Institutional Trading of Fidelity National Information Services A number of institutional investors have recently added to or reduced their stakes in the business.
Cambridge Investment Research Advisors Inc. grew its position in Fidelity National Information Services by 6.9% in the second quarter.
Cambridge Investment Research Advisors Inc. now owns 22,826 shares of the information technology services provider’s stock valued at $1,720,000 after acquiring an additional 1,478 shares in the last quarter. Rothschild Investment LLC bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth about $45,000.
Farther Finance Advisors LLC raised its stake in shares of Fidelity National Information Services by 20.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 3,154 shares of the information technology services provider’s stock valued at $234,000 after purchasing an additional 528 shares in the last quarter.
Aptus Capital Advisors LLC lifted its position in shares of Fidelity National Information Services by 8.3% during the second quarter. Aptus Capital Advisors LLC now owns 3,542 shares of the information technology services provider’s stock worth $267,000 after purchasing an additional 272 shares during the last quarter.
Finally, Summit Financial LLC acquired a new position in Fidelity National Information Services in the second quarter worth about $287,000. 96.23% of the stock is owned by hedge funds and other institutional investors.
Fidelity National Information Services Stock Performance NYSE:FIS opened at $80.26 on Thursday. Fidelity National Information Services has a 52 week low of $58.
24 and a 52 week high of $91.98. The company has a fifty day simple moving average of $85.
15 and a two-hundred day simple moving average of $82.04. The company has a quick ratio of 1.
18, a current ratio of 1.18 and a debt-to-equity ratio of 0.63.
The company has a market cap of $43.21 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 0.
72 and a beta of 1.04. Fidelity National Information Services ( NYSE:FIS – Get Free Report ) last released its earnings results on Monday, November 4th.
The information technology services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.29 by $0.
11. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.
56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.
37%. Fidelity National Information Services’s revenue for the quarter was up 3.1% on a year-over-year basis.
During the same period in the previous year, the firm posted $0.94 EPS. As a group, equities analysts anticipate that Fidelity National Information Services will post 5.
18 earnings per share for the current fiscal year. Fidelity National Information Services Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a dividend of $0.
36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.
79%. The ex-dividend date of this dividend was Monday, December 9th. Fidelity National Information Services’s dividend payout ratio (DPR) is 57.
37%. Fidelity National Information Services Company Profile ( Get Free Report 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. Further Reading Receive News & Ratings for Fidelity National Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Services and related companies with MarketBeat.com's FREE daily email newsletter .
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