Somewhat Positive News Coverage Somewhat Unlikely to Affect Fidelity National Information Servcs (FIS) Stock Price

News coverage about Fidelity National Information Servcs (NYSE:FIS) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Fidelity National Information Servcs earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the information technology services provider an impact score of 46.7312871599736 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

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FIS has been the topic of several recent research reports. Zacks Investment Research raised Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $108.00 price target on the stock in a research report on Friday, February 9th. Royal Bank of Canada reissued a “buy” rating and set a $116.00 price target on shares of Fidelity National Information Servcs in a research report on Wednesday, February 7th. Stephens reissued a “buy” rating and set a $114.00 price target on shares of Fidelity National Information Servcs in a research report on Thursday. BMO Capital Markets boosted their price target on Fidelity National Information Servcs from $104.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. They noted that the move was a valuation call. Finally, JPMorgan Chase lowered Fidelity National Information Servcs from an “overweight” rating to a “neutral” rating in a research report on Tuesday, December 12th. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $105.69.

Shares of FIS traded up $0.47 during trading on Monday, reaching $96.00. The company’s stock had a trading volume of 1,688,909 shares, compared to its average volume of 1,671,293. Fidelity National Information Servcs has a twelve month low of $79.51 and a twelve month high of $103.65. The firm has a market cap of $31,637.56, a price-to-earnings ratio of 21.72, a PEG ratio of 1.54 and a beta of 0.91. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.71.

Fidelity National Information Servcs (NYSE:FIS) last announced its earnings results on Tuesday, February 6th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.02. Fidelity National Information Servcs had a return on equity of 14.46% and a net margin of 14.46%. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the company posted $1.14 EPS. Fidelity National Information Servcs’s quarterly revenue was down 4.7% on a year-over-year basis. equities analysts expect that Fidelity National Information Servcs will post 5.18 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Friday, March 16th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.33%. This is a positive change from Fidelity National Information Servcs’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, March 15th. Fidelity National Information Servcs’s dividend payout ratio is presently 28.96%.

In other news, EVP James W. Woodall sold 87,195 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $100.60, for a total value of $8,771,817.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gary Norcross sold 293,333 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $94.30, for a total value of $27,661,301.90. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,256,602 shares of company stock worth $123,478,574. 2.66% of the stock is currently owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for Fidelity National Information Servcs (NYSE:FIS)

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