Commerzbank Aktiengesellschaft FI Purchases 7,639 Shares of Fidelity National Information Servcs Inc (NYSE:FIS)

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Commerzbank Aktiengesellschaft FI increased its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 39.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,100 shares of the information technology services provider’s stock after acquiring an additional 7,639 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Fidelity National Information Servcs were worth $3,598,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Rehmann Capital Advisory Group increased its holdings in Fidelity National Information Servcs by 10.1% during the 2nd quarter. Rehmann Capital Advisory Group now owns 884 shares of the information technology services provider’s stock worth $109,000 after acquiring an additional 81 shares during the period. Chicago Partners Investment Group LLC increased its holdings in Fidelity National Information Servcs by 2.1% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 4,125 shares of the information technology services provider’s stock worth $541,000 after acquiring an additional 83 shares during the period. Townsquare Capital LLC increased its holdings in Fidelity National Information Servcs by 3.3% during the 2nd quarter. Townsquare Capital LLC now owns 2,689 shares of the information technology services provider’s stock worth $350,000 after acquiring an additional 85 shares during the period. AdvisorNet Financial Inc increased its holdings in Fidelity National Information Servcs by 12.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 819 shares of the information technology services provider’s stock worth $100,000 after acquiring an additional 92 shares during the period. Finally, Buckley Wealth Management LLC increased its holdings in Fidelity National Information Servcs by 2.4% during the 2nd quarter. Buckley Wealth Management LLC now owns 4,026 shares of the information technology services provider’s stock worth $494,000 after acquiring an additional 94 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on FIS shares. Berenberg Bank set a $171.00 price target on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a report on Friday, August 9th. Zacks Investment Research raised shares of Fidelity National Information Servcs from a “hold” rating to a “buy” rating and set a $131.00 price target on the stock in a report on Wednesday, July 3rd. Raymond James set a $149.00 price target on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a report on Wednesday, August 7th. Bank of America increased their price target on shares of Fidelity National Information Servcs from $143.00 to $158.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Finally, Wedbush set a $150.00 price target on shares of Fidelity National Information Servcs and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Four investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $148.53.

Shares of Fidelity National Information Servcs stock opened at $128.33 on Friday. Fidelity National Information Servcs Inc has a 52-week low of $94.53 and a 52-week high of $141.35. The stock has a market capitalization of $78.72 billion, a price-to-earnings ratio of 24.54, a price-to-earnings-growth ratio of 2.50 and a beta of 0.64. The company has a fifty day moving average of $132.82 and a 200-day moving average of $125.61. The company has a debt-to-equity ratio of 1.67, a quick ratio of 3.00 and a current ratio of 3.00.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The company had revenue of $2.11 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the prior year, the company earned $1.23 EPS. The firm’s revenue was up .3% on a year-over-year basis. On average, equities research analysts forecast that Fidelity National Information Servcs Inc will post 5.83 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a $0.35 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.09%. Fidelity National Information Servcs’s dividend payout ratio (DPR) is 26.77%.

In other news, COO Stephanie Ferris sold 40,855 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $134.33, for a total value of $5,488,052.15. Following the completion of the sale, the chief operating officer now owns 60,054 shares of the company’s stock, valued at approximately $8,067,053.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lisa Hook sold 6,000 shares of the company’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $136.14, for a total transaction of $816,840.00. Following the completion of the sale, the director now directly owns 6,797 shares of the company’s stock, valued at approximately $925,343.58. The disclosure for this sale can be found here. Insiders sold a total of 331,737 shares of company stock valued at $44,517,690 in the last ninety days. 1.43% of the stock is owned by corporate insiders.

Fidelity National Information Servcs 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.

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

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