2 weeks Ago By ABMN Staff
The Manufacturers Life Insurance Company grew its position in Fidelity National Information Services, Inc. ( NYSE:FIS – Free Report ) by 982.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 3,895,432 shares of the information technology services provider’s stock after acquiring an additional 3,535,596 shares during the period. The Manufacturers Life Insurance Company owned 0.70% of Fidelity National Information Services worth $293,560,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Linden Thomas Advisory Services LLC acquired a new position in Fidelity National Information Services in the second quarter worth $1,253,000. SG Americas Securities LLC grew its holdings in Fidelity National Information Services by 572.
2% during the 2nd quarter. SG Americas Securities LLC now owns 222,601 shares of the information technology services provider’s stock worth $16,775,000 after acquiring an additional 189,484 shares during the last quarter. Cibc World Markets Corp increased its position in Fidelity National Information Services by 19.
1% in the 4th quarter. Cibc World Markets Corp now owns 747,428 shares of the information technology services provider’s stock valued at $44,898,000 after acquiring an additional 119,974 shares in the last quarter. First Hawaiian Bank increased its position in Fidelity National Information Services by 27.
4% in the 1st quarter. First Hawaiian Bank now owns 58,091 shares of the information technology services provider’s stock valued at $4,309,000 after acquiring an additional 12,509 shares in the last quarter. Finally, Price T Rowe Associates Inc.
MD raised its stake in shares of Fidelity National Information Services by 1.5% in the first quarter. Price T Rowe Associates Inc.
MD now owns 812,874 shares of the information technology services provider’s stock worth $60,300,000 after acquiring an additional 11,655 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In FIS has been the topic of several research analyst reports. Royal Bank of Canada increased their price target on shares of Fidelity National Information Services from $93.00 to $95.
00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Barclays increased their price objective on Fidelity National Information Services from $88.00 to $90.
00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. JPMorgan Chase & Co. boosted their target price on 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. Susquehanna raised their price target on Fidelity National Information Services from $86.
00 to $88.00 and gave the company a “positive” rating in a report on Wednesday, August 7th. Finally, TD Cowen boosted their price objective on Fidelity National Information Services from $75.
00 to $78.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Ten equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock.
According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $81.25. Fidelity National Information Services Price Performance FIS opened at $83.
00 on Friday. The stock has a market cap of $46.17 billion, a P/E ratio of -8.
11, a P/E/G ratio of 0.83 and a beta of 1.08.
Fidelity National Information Services, Inc. has a 12 month low of $46.91 and a 12 month high of $85.
63. The company has a quick ratio of 1.35, a current ratio of 1.
35 and a debt-to-equity ratio of 0.62. The company has a fifty day simple moving average of $79.
60 and a 200 day simple moving average of $75.83. Fidelity National Information Services ( NYSE:FIS – Get Free Report ) last announced its quarterly earnings results 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 return on equity of 13.63% and a net margin of 7.
72%. The company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.
49 billion. During the same period in the prior year, the company earned $1.55 earnings per share.
The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, research analysts expect that Fidelity National Information Services, Inc.
will post 5.08 EPS for the current year. Fidelity National Information Services Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, September 24th.
Stockholders of record on Tuesday, September 10th were issued a $0.36 dividend. This represents a $1.
44 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Tuesday, September 10th.
Fidelity National Information Services’s dividend payout ratio (DPR) is presently -14.08%. Insider Transactions at Fidelity National Information Services In related news, Director Jeffrey A.
Goldstein acquired 719 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were acquired at an average cost of $76.81 per share, with a total value of $55,226.
39. Following the transaction, the director now owns 9,771 shares of the company’s stock, valued at approximately $750,510.51.
The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . 0.20% of the stock is owned by insiders.
Fidelity National Information Services Company Profile ( 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.
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