Intellus Advisors LLC Purchases New Shares in Fidelity National Information Services, Inc. (NYSE:FIS)

Intellus Advisors LLC purchased a new stake in Fidelity National Information Services, Inc. (NYSE:FIS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 137,066 shares of the information technology services provider’s stock, valued at approximately $11,071,000. Fidelity National Information Services makes up 1.9% of Intellus Advisors LLC’s portfolio, making the stock its 20th largest holding.

Other large investors have also added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in Fidelity National Information Services in the fourth quarter valued at $2,593,000. Raymond James Financial Inc. bought a new stake in Fidelity National Information Services in the fourth quarter valued at $451,458,000. Avanza Fonder AB bought a new stake in Fidelity National Information Services in the fourth quarter valued at $3,227,000. Princeton Global Asset Management LLC bought a new stake in Fidelity National Information Services in the fourth quarter valued at $2,313,000. Finally, Csenge Advisory Group boosted its holdings in Fidelity National Information Services by 44.4% in the fourth quarter. Csenge Advisory Group now owns 13,446 shares of the information technology services provider’s stock valued at $1,086,000 after acquiring an additional 4,134 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 701 shares of the stock in a transaction dated Wednesday, January 15th. The shares were purchased at an average price of $79.97 per share, for a total transaction of $56,058.97. Following the purchase, the director now directly owns 11,098 shares of the company’s stock, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.20% of the company’s stock.

Fidelity National Information Services Price Performance

FIS opened at $73.38 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $38.87 billion, a P/E ratio of 28.11, a P/E/G ratio of 1.23 and a beta of 1.11. The company’s 50-day simple moving average is $74.76 and its two-hundred day simple moving average is $81.40. Fidelity National Information Services, Inc. has a 52-week low of $66.51 and a 52-week high of $91.98.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. Fidelity National Information Services had a net margin of 14.54% and a return on equity of 17.30%. During the same quarter in the previous year, the company posted $0.94 EPS. As a group, analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Tuesday, March 11th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.36. Fidelity National Information Services’s dividend payout ratio is 61.30%.

Wall Street Analysts Forecast Growth

FIS has been the topic of a number of research reports. Stephens dropped their target price on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. Compass Point reduced their target price on shares of Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Barclays reduced their target price on shares of Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. William Blair reaffirmed an “outperform” rating on shares of Fidelity National Information Services in a research report on Tuesday, February 18th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $88.65.

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.