BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $162.95 Million Stake in Fidelity National Information Services, Inc. (NYSE:FIS)

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BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 21.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,106,929 shares of the information technology services provider’s stock after acquiring an additional 196,541 shares during the period. Fidelity National Information Services accounts for about 1.3% of BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s portfolio, making the stock its 13th biggest position. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Fidelity National Information Services were worth $162,951,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Tranquility Partners LLC grew its position in shares of Fidelity National Information Services by 4.2% during the 2nd quarter. Tranquility Partners LLC now owns 1,746 shares of the information technology services provider’s stock worth $234,000 after buying an additional 71 shares during the period. Tiemann Investment Advisors LLC grew its position in shares of Fidelity National Information Services by 3.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,100 shares of the information technology services provider’s stock worth $282,000 after buying an additional 75 shares during the period. Mosaic Family Wealth LLC grew its position in shares of Fidelity National Information Services by 2.0% during the 3rd quarter. Mosaic Family Wealth LLC now owns 3,856 shares of the information technology services provider’s stock worth $568,000 after buying an additional 75 shares during the period. Evolution Wealth Advisors LLC grew its position in shares of Fidelity National Information Services by 71.0% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 183 shares of the information technology services provider’s stock worth $27,000 after buying an additional 76 shares during the period. Finally, Bellecapital International Ltd. grew its position in shares of Fidelity National Information Services by 3.5% during the 3rd quarter. Bellecapital International Ltd. now owns 2,256 shares of the information technology services provider’s stock worth $332,000 after buying an additional 77 shares during the period. Institutional investors own 89.82% of the company’s stock.

A number of research analysts recently issued reports on FIS shares. Citigroup boosted their price objective on shares of Fidelity National Information Services from $160.00 to $168.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Credit Suisse Group restated a “buy” rating on shares of Fidelity National Information Services in a report on Wednesday, August 12th. KeyCorp boosted their price objective on shares of Fidelity National Information Services from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday, October 27th. Raymond James decreased their price objective on shares of Fidelity National Information Services from $178.00 to $170.00 and set a “strong-buy” rating for the company in a report on Friday, October 30th. Finally, Loop Capital started coverage on shares of Fidelity National Information Services in a report on Tuesday, September 22nd. They set a “hold” rating and a $150.00 price objective for the company. Five investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $161.85.

In other Fidelity National Information Services news, COO Stephanie Ferris sold 6,583 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $150.75, for a total transaction of $992,387.25. Following the sale, the chief operating officer now directly owns 32,020 shares of the company’s stock, valued at $4,827,015. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Keith W. Hughes sold 5,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $151.40, for a total transaction of $757,000.00. Insiders have sold 68,505 shares of company stock worth $9,967,983 over the last ninety days. Insiders own 0.70% of the company’s stock.

NYSE FIS traded down $3.53 on Friday, hitting $144.17. 2,252,510 shares of the stock were exchanged, compared to its average volume of 3,765,189. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.78 and a quick ratio of 0.78. The business’s fifty day moving average is $140.85 and its 200 day moving average is $140.86. Fidelity National Information Services, Inc. has a 52 week low of $91.68 and a 52 week high of $158.21. The company has a market capitalization of $89.46 billion, a PE ratio of -800.94, a P/E/G ratio of 1.48 and a beta of 0.76.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Thursday, October 29th. The information technology services provider reported $1.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.41 by $0.01. Fidelity National Information Services had a negative net margin of 0.83% and a positive return on equity of 6.88%. The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.18 billion. During the same period in the prior year, the firm posted $1.43 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Analysts predict that Fidelity National Information Services, Inc. will post 5.49 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Shareholders of record on Monday, December 14th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 0.97%. The ex-dividend date is Friday, December 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 24.96%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. The Merchant Solutions segment offers merchant acquiring, integrated payment, and global e-commerce solutions.

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

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