Exxonmobil Investment Management Inc. TX Decreases Holdings in Fidelity National Information Servcs Inc (FIS)

Exxonmobil Investment Management Inc. TX cut its stake in Fidelity National Information Servcs Inc (NYSE:FIS) by 12.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,087 shares of the information technology services provider’s stock after selling 7,616 shares during the quarter. Exxonmobil Investment Management Inc. TX’s holdings in Fidelity National Information Servcs were worth $4,995,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of FIS. Eagle Asset Management Inc. increased its stake in shares of Fidelity National Information Servcs by 4.8% in the 2nd quarter. Eagle Asset Management Inc. now owns 2,796 shares of the information technology services provider’s stock worth $238,000 after acquiring an additional 127 shares in the last quarter. Old Mutual Global Investors UK Ltd. bought a new position in shares of Fidelity National Information Servcs in the 2nd quarter worth about $204,000. AXA increased its stake in shares of Fidelity National Information Servcs by 1.6% in the 2nd quarter. AXA now owns 25,863 shares of the information technology services provider’s stock worth $2,208,000 after acquiring an additional 400 shares in the last quarter. Aberdeen Asset Management PLC UK increased its stake in shares of Fidelity National Information Servcs by 18.5% in the 2nd quarter. Aberdeen Asset Management PLC UK now owns 92,420 shares of the information technology services provider’s stock worth $7,893,000 after acquiring an additional 14,397 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of Fidelity National Information Servcs by 13.9% in the 2nd quarter. Alliancebernstein L.P. now owns 960,741 shares of the information technology services provider’s stock worth $82,047,000 after acquiring an additional 117,039 shares in the last quarter. Institutional investors own 87.76% of the company’s stock.

Shares of Fidelity National Information Servcs Inc (FIS) opened at $97.28 on Thursday. Fidelity National Information Servcs Inc has a 1 year low of $75.52 and a 1 year high of $97.29. The company has a market cap of $32,480.00, a PE ratio of 60.42, a P/E/G ratio of 1.64 and a beta of 0.88. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.25 and a current ratio of 1.25.

Fidelity National Information Servcs (NYSE:FIS) last announced its quarterly earnings data on Tuesday, October 31st. The information technology services provider reported $1.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.12. Fidelity National Information Servcs had a net margin of 5.82% and a return on equity of 14.05%. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the prior year, the firm posted $1.00 EPS. Fidelity National Information Servcs’s revenue for the quarter was down 4.8% on a year-over-year basis. equities analysts predict that Fidelity National Information Servcs Inc will post 4.41 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.19%. The ex-dividend date was Thursday, December 14th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is 72.05%.

Several research analysts recently issued reports on FIS shares. Robert W. Baird reiterated an “outperform” rating and issued a $108.00 price target (up from $102.00) on shares of Fidelity National Information Servcs in a research note on Tuesday, October 10th. JPMorgan Chase & Co. decreased their price target on shares of Fidelity National Information Servcs from $106.00 to $103.00 and set an “overweight” rating for the company in a research note on Wednesday, November 1st. Zacks Investment Research lowered shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research note on Monday, October 16th. Cantor Fitzgerald reiterated a “buy” rating and issued a $108.00 price target on shares of Fidelity National Information Servcs in a research note on Sunday, November 12th. Finally, KeyCorp reiterated a “buy” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Fidelity National Information Servcs presently has a consensus rating of “Buy” and a consensus price target of $99.53.

In other news, Director Stephan A. James sold 3,600 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $94.87, for a total transaction of $341,532.00. Following the sale, the director now owns 29,498 shares of the company’s stock, valued at approximately $2,798,475.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James B. Stallings, Jr. sold 8,486 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $91.87, for a total transaction of $779,608.82. Following the sale, the director now directly owns 12,317 shares in the company, valued at approximately $1,131,562.79. The disclosure for this sale can be found here. Insiders have sold a total of 87,633 shares of company stock worth $8,146,090 over the last three months. 2.66% of the stock is currently owned by 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.

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

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