Ferguson Wellman Capital Management Inc. Has $24.06 Million Position in Fidelity National Information Servcs Inc (NYSE:FIS)

Share on StockTwits

Ferguson Wellman Capital Management Inc. boosted its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 172,969 shares of the information technology services provider’s stock after purchasing an additional 379 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Fidelity National Information Servcs were worth $24,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Atria Investments LLC increased its holdings in Fidelity National Information Servcs by 93.7% in the 2nd quarter. Atria Investments LLC now owns 14,136 shares of the information technology services provider’s stock worth $1,872,000 after purchasing an additional 6,837 shares in the last quarter. BancorpSouth Bank bought a new stake in shares of Fidelity National Information Servcs in the 3rd quarter valued at about $703,000. Pinnacle Financial Partners Inc. grew its position in shares of Fidelity National Information Servcs by 26.1% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,375 shares of the information technology services provider’s stock valued at $448,000 after buying an additional 699 shares during the last quarter. BB&T Securities LLC grew its position in shares of Fidelity National Information Servcs by 18.6% in the 3rd quarter. BB&T Securities LLC now owns 60,172 shares of the information technology services provider’s stock valued at $7,997,000 after buying an additional 9,427 shares during the last quarter. Finally, Voya Financial Advisors Inc. grew its position in shares of Fidelity National Information Servcs by 19.1% in the 3rd quarter. Voya Financial Advisors Inc. now owns 4,532 shares of the information technology services provider’s stock valued at $592,000 after buying an additional 728 shares during the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.

In related news, EVP Lenore D. Williams sold 7,301 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $135.00, for a total transaction of $985,635.00. Following the transaction, the executive vice president now directly owns 5,400 shares of the company’s stock, valued at approximately $729,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Gregory G. Montana sold 33,423 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $131.76, for a total value of $4,403,814.48. Following the transaction, the executive vice president now directly owns 8,586 shares in the company, valued at $1,131,291.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 59,590 shares of company stock worth $8,028,304. 1.43% of the stock is owned by corporate insiders.

Shares of Fidelity National Information Servcs stock opened at $149.01 on Friday. Fidelity National Information Servcs Inc has a one year low of $103.41 and a one year high of $149.73. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.86 and a quick ratio of 0.86. The stock’s 50-day moving average is $140.44 and its 200 day moving average is $134.85. The firm has a market cap of $91.32 billion, a price-to-earnings ratio of 70.29, a PEG ratio of 2.63 and a beta of 0.63.

Fidelity National Information Servcs (NYSE:FIS) last announced its earnings results on Tuesday, November 5th. The information technology services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.35 by $0.08. Fidelity National Information Servcs had a return on equity of 12.07% and a net margin of 8.24%. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.84 billion. During the same quarter in the prior year, the company earned $1.33 EPS. The firm’s revenue for the quarter was up 35.4% compared to the same quarter last year. On average, sell-side analysts expect that Fidelity National Information Servcs Inc will post 5.51 EPS for the current fiscal year.

A number of equities research analysts have commented on FIS shares. Robert W. Baird upped their price target on Fidelity National Information Servcs from $162.00 to $166.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. UBS Group started coverage on Fidelity National Information Servcs in a research report on Monday, October 14th. They issued a “neutral” rating on the stock. Moffett Nathanson lowered Fidelity National Information Servcs from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 7th. Citigroup upped their price target on Fidelity National Information Servcs from $152.00 to $169.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Barclays upped their price target on Fidelity National Information Servcs from $165.00 to $170.00 and gave the company an “overweight” rating in a research report on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. Fidelity National Information Servcs presently has a consensus rating of “Buy” and a consensus target price of $150.80.

Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

Recommended Story: What is the price-sales ratio?

Want to see what other hedge funds are holding FIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Information Servcs Inc (NYSE:FIS).

Institutional Ownership by Quarter for Fidelity National Information Servcs (NYSE:FIS)

Receive News & Ratings for Fidelity National Information Servcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Servcs and related companies with MarketBeat.com's FREE daily email newsletter.