Voya Financial Advisors Inc. Purchases 269 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Voya Financial Advisors Inc. increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,330 shares of the information technology services provider’s stock after purchasing an additional 269 shares during the period. Voya Financial Advisors Inc.’s holdings in Fidelity National Information Services were worth $591,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. R Squared Ltd bought a new position in Fidelity National Information Services during the fourth quarter worth about $30,000. Morse Asset Management Inc acquired a new position in shares of Fidelity National Information Services in the 3rd quarter worth approximately $37,000. OFI Invest Asset Management bought a new position in shares of Fidelity National Information Services during the 4th quarter worth approximately $40,000. Grove Bank & Trust boosted its stake in Fidelity National Information Services by 341.0% in the 4th quarter. Grove Bank & Trust now owns 516 shares of the information technology services provider’s stock valued at $42,000 after buying an additional 399 shares in the last quarter. Finally, Sound Income Strategies LLC grew its position in Fidelity National Information Services by 70.2% in the fourth quarter. Sound Income Strategies LLC now owns 606 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 250 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 844 shares of the firm’s stock in a transaction on Tuesday, April 15th. The stock was purchased at an average cost of $72.04 per share, with a total value of $60,801.76. Following the completion of the purchase, the director now owns 11,942 shares in the company, valued at approximately $860,301.68. The trade was a 7.60 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.20% of the stock is owned by insiders.

Fidelity National Information Services Price Performance

FIS opened at $79.39 on Friday. The company has a fifty day moving average price of $72.27 and a two-hundred day moving average price of $79.54. The firm has a market capitalization of $42.05 billion, a PE ratio of 30.42, a P/E/G ratio of 1.23 and a beta of 1.06. Fidelity National Information Services, Inc. has a 52 week low of $66.51 and a 52 week high of $91.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85.

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

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.02%. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Tuesday, March 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 61.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on FIS shares. TD Cowen upgraded shares of Fidelity National Information Services from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a research note on Monday, April 21st. William Blair restated an “outperform” rating on shares of Fidelity National Information Services in a research report on Tuesday, February 18th. Raymond James lowered shares of Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from $115.00 to $101.00 in a report on Monday, January 6th. Wells Fargo & Company reduced their target price on Fidelity National Information Services from $88.00 to $80.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their price target on Fidelity National Information Services from $104.00 to $95.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $89.29.

Fidelity National Information Services 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.