Investors Purchase High Volume of Fidelity National Information Services Put Options (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) saw some unusual options trading on Wednesday. Investors purchased 6,973 put options on the company. This is an increase of 112% compared to the typical volume of 3,296 put options.

Fidelity National Information Services Trading Up 0.8 %

FIS traded up $0.65 during mid-day trading on Wednesday, hitting $81.01. 484,602 shares of the stock were exchanged, compared to its average volume of 2,228,708. The firm’s fifty day moving average is $81.92 and its two-hundred day moving average is $82.56. Fidelity National Information Services has a 1-year low of $60.39 and a 1-year high of $91.98. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.63. The company has a market cap of $43.61 billion, a PE ratio of 32.31, a PEG ratio of 0.60 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Monday, November 4th. The information technology services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. Fidelity National Information Services had a return on equity of 15.35% and a net margin of 14.37%. Fidelity National Information Services’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.94 EPS. Equities analysts forecast that Fidelity National Information Services will post 5.18 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Monday, December 9th. Fidelity National Information Services’s dividend payout ratio is currently 57.37%.

Analyst Ratings Changes

FIS has been the subject of several research reports. UBS Group boosted their price target on Fidelity National Information Services from $80.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. BNP Paribas cut Fidelity National Information Services from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 20th. Barclays boosted their price target on Fidelity National Information Services from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. TD Cowen boosted their price target on Fidelity National Information Services from $78.00 to $86.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Finally, Compass Point initiated coverage on Fidelity National Information Services in a report on Wednesday, November 20th. They issued a “buy” rating and a $126.00 target price for the company. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $92.00.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 701 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was acquired at an average cost of $79.97 per share, for a total transaction of $56,058.97. Following the completion of the transaction, the director now directly owns 11,098 shares of the company’s stock, valued at $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lenore D. Williams sold 11,305 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $87.97, for a total value of $994,500.85. Following the completion of the sale, the executive vice president now owns 32,199 shares of the company’s stock, valued at $2,832,546.03. This trade represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fidelity National Information Services

A number of hedge funds have recently bought and sold shares of FIS. Fifth Third Wealth Advisors LLC lifted its stake in shares of Fidelity National Information Services by 2.2% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 5,938 shares of the information technology services provider’s stock worth $480,000 after purchasing an additional 129 shares in the last quarter. Graypoint LLC lifted its stake in shares of Fidelity National Information Services by 4.6% in the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock worth $253,000 after acquiring an additional 132 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in shares of Fidelity National Information Services by 3.4% in the third quarter. Atomi Financial Group Inc. now owns 4,162 shares of the information technology services provider’s stock worth $349,000 after acquiring an additional 135 shares in the last quarter. Old Port Advisors lifted its stake in shares of Fidelity National Information Services by 4.9% in the fourth quarter. Old Port Advisors now owns 2,867 shares of the information technology services provider’s stock worth $232,000 after acquiring an additional 135 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its stake in shares of Fidelity National Information Services by 3.9% in the third quarter. Aptus Capital Advisors LLC now owns 3,679 shares of the information technology services provider’s stock worth $308,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.