2 weeks Ago By Defense World Staff
Fidelity National Information Services, Inc. ( NYSE:FIS – Get Free Report ) has been given a consensus rating of “Moderate Buy” by the twenty-one ratings firms that are covering the company, Marketbeat.com reports.
Ten investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $89.68.
FIS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Fidelity National Information Services from $70.00 to $73.
00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Oppenheimer initiated coverage on Fidelity National Information Services in a research note on Tuesday, October 1st. They set a “market perform” rating on the stock.
JPMorgan Chase & Co. increased their price target on shares of Fidelity National Information Services from $89.00 to $99.
00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Morgan Stanley lifted their price objective 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, November 5th. Finally, Jefferies Financial Group increased their target price on shares of Fidelity National Information Services from $80.00 to $90.
00 and gave the company a “hold” rating in a research report on Wednesday, October 16th. Read Our Latest Research Report on Fidelity National Information Services Fidelity National Information Services Price Performance Fidelity National Information Services ( NYSE:FIS – Get Free Report ) last released its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.
40 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.11.
The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.56 billion.
Fidelity National Information Services had a net margin of 14.37% and a return on equity of 15.35%.
The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.
94 earnings per share. As a group, analysts anticipate that Fidelity National Information Services will post 5.18 earnings per share for the current fiscal year.
Fidelity National Information Services Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be issued a $0.36 dividend.
This represents a $1.44 annualized dividend and a yield of 1.64%.
The ex-dividend date is Monday, December 9th. Fidelity National Information Services’s payout ratio is 57.37%.
Insider Transactions at Fidelity National Information Services In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 626 shares of the company’s stock in a transaction that occurred on 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 purchase, the director now 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 transaction was disclosed in a legal filing with the SEC, which is available through this link . Insiders own 0.20% of the company’s stock.
Institutional Investors Weigh In On Fidelity National Information Services Hedge funds have recently bought and sold shares of the stock. Cadence Bank lifted its holdings in shares of Fidelity National Information Services by 1.9% during the 1st quarter.
Cadence Bank now owns 7,145 shares of the information technology services provider’s stock worth $530,000 after acquiring an additional 132 shares during the last quarter. Graypoint LLC raised its position in Fidelity National Information Services by 4.6% during the third 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 in the last quarter. Atomi Financial Group Inc. lifted its stake in Fidelity National Information Services by 3.
4% during the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after purchasing an additional 135 shares during the last quarter.
Aptus Capital Advisors LLC boosted its holdings in shares of Fidelity National Information Services by 3.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock worth $308,000 after purchasing an additional 137 shares in the last quarter.
Finally, Concord Wealth Partners increased its position in shares of Fidelity National Information Services by 50.2% during the 3rd quarter. Concord Wealth Partners now owns 437 shares of the information technology services provider’s stock valued at $37,000 after purchasing an additional 146 shares during the last quarter.
96.23% of the stock is currently owned by institutional investors. About Fidelity National Information Services ( 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. Featured Articles Five stocks we like better than Fidelity National Information Services Using the MarketBeat Stock Split Calculator Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 What is Put Option Volume? Is Tesla’s Valuation a Bubble or Backed by Real Growth? High Flyers: 3 Natural Gas Stocks for March 2022 Trucking Stocks Led the Pack Last Week: Can They Keep Rolling? 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.
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