The Bank of New York Mellon Corp Raises Stake in Fidelity National Information Servcs Inc (FIS)

The Bank of New York Mellon Corp Raises Stake in Fidelity National Information Servcs Inc (FIS)

A number of other hedge funds also recently made changes to their positions in the company. Financial Architects Inc boosted its stake in shares of Fidelity National Information Servcs by 0.7% in the first quarter. Financial Architects Inc now owns 1,327 shares of the information technology services provider’s stock valued at $106,000 after buying an additional 9 shares in the last quarter. Huntington National Bank boosted its stake in shares of Fidelity National Information Servcs by 1.0% in the first quarter. Huntington National Bank now owns 1,950 shares of the information technology services provider’s stock valued at $155,000 after buying an additional 20 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of Fidelity National Information Servcs by 5.4% in the first quarter. North Star Investment Management Corp. now owns 1,457 shares of the information technology services provider’s stock valued at $116,000 after buying an additional 75 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Fidelity National Information Servcs by 3.8% in the first quarter. Quadrant Capital Group LLC now owns 2,241 shares of the information technology services provider’s stock valued at $174,000 after buying an additional 83 shares in the last quarter. Finally, Girard Partners LTD. boosted its stake in shares of Fidelity National Information Servcs by 1.3% in the first quarter. Girard Partners LTD. now owns 7,215 shares of the information technology services provider’s stock valued at $574,000 after buying an additional 92 shares in the last quarter. Institutional investors and hedge funds own 87.30% of the company’s stock.

Bank of New York Mellon Corp increased its stake in Fidelity National Information Servcs Inc (NYSE:FIS) by 0.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,858,498 shares of the information technology services provider’s stock after buying an additional 19,115 shares during the period. Bank of New York Mellon Corp owned about 0.87% of Fidelity National Information Servcs worth $227,592,000 at the end of the most recent quarter.

Fidelity National Information Servcs Inc (NYSE:FIS) opened at 86.67 on Monday. Fidelity National Information Servcs Inc has a 52 week low of $68.03 and a 52 week high of $87.32. The firm has a 50-day moving average of $83.60 and a 200-day moving average of $80.25. The company has a market capitalization of $28.65 billion, a P/E ratio of 44.24 and a beta of 0.84.

Fidelity National Information Servcs (NYSE:FIS) last issued its quarterly earnings data on Tuesday, May 2nd. The information technology services provider reported $0.86 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.04. Fidelity National Information Servcs had a net margin of 6.15% and a return on equity of 13.03%. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the company earned $0.79 earnings per share. Fidelity National Information Servcs’s revenue for the quarter was up 3.4% on a year-over-year basis. Analysts anticipate that Fidelity National Information Servcs Inc will post $4.25 EPS for the current fiscal year. The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.34%. The ex-dividend date is Wednesday, June 14th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is 60.12%.

Fidelity National Information Servcs (NYSE:FIS) last issued its quarterly earnings data on Tuesday, May 2nd. The information technology services provider reported $0.86 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.04. Fidelity National Information Servcs had a net margin of 6.15% and a return on equity of 13.03%. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the company earned $0.79 earnings per share. Fidelity National Information Servcs’s revenue for the quarter was up 3.4% on a year-over-year basis. Analysts anticipate that Fidelity National Information Servcs Inc will post $4.25 EPS for the current fiscal year. Several analysts have recently issued reports on FIS shares. Cantor Fitzgerald set a $89.00 target price on shares of Fidelity National Information Servcs and gave the company a “buy” rating in a research report on Tuesday, February 7th. Barclays PLC initiated coverage on shares of Fidelity National Information Servcs in a report on Wednesday, February 8th. They set an “overweight” rating and a $91.00 price target on the stock. Credit Suisse Group AG upgraded shares of Fidelity National Information Servcs from a “neutral” rating to an “outperform” rating and set a $88.00 price target on the stock in a report on Wednesday, February 8th. Goldman Sachs Group Inc downgraded shares of Fidelity National Information Servcs from a “buy” rating to a “neutral” rating and set a $86.00 price target on the stock. in a report on Monday, March 27th. Finally, William Blair reiterated an “outperform” rating on shares of Fidelity National Information Servcs in a report on Tuesday, March 28th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Fidelity National Information Servcs currently has a consensus rating of “Buy” and a consensus target price of $88.35.

In other news, SVP Kathleen T. Thompson sold 3,200 shares of the firm’s stock in a transaction that occurred on Tuesday, March 14th. The shares were sold at an average price of $82.21, for a total transaction of $263,072.00. Following the completion of the sale, the senior vice president now owns 8,573 shares of the company’s stock, valued at $704,786.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James B. Stallings, Jr. sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $85.39, for a total transaction of $85,390.00. Following the sale, the director now directly owns 14,498 shares of the company’s stock, valued at approximately $1,237,984.22. The disclosure for this sale can be found here. Insiders sold 1,383,349 shares of company stock valued at $113,645,648 in the last ninety days. 2.29% of the stock is owned by corporate insiders. Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FIS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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