New York State Common Retirement Fund Has $25.50 Million Stock Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

New York State Common Retirement Fund lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 315,684 shares of the information technology services provider’s stock after selling 26,471 shares during the quarter. New York State Common Retirement Fund owned 0.06% of Fidelity National Information Services worth $25,498,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC raised its stake in shares of Fidelity National Information Services by 2.2% during the 4th 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 increased its holdings in Fidelity National Information Services by 4.6% during the third quarter. Graypoint LLC now owns 3,026 shares of the information technology services provider’s stock worth $253,000 after buying an additional 132 shares during the last quarter. Old Port Advisors raised its position in Fidelity National Information Services by 4.9% during 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. Aptus Capital Advisors LLC lifted its stake in 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 valued at $308,000 after acquiring an additional 137 shares during the last quarter. Finally, Center for Financial Planning Inc. grew its position in shares of Fidelity National Information Services by 3.8% in the 4th quarter. Center for Financial Planning Inc. now owns 3,755 shares of the information technology services provider’s stock valued at $303,000 after acquiring an additional 138 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $69.95 on Friday. The stock’s fifty day moving average price is $78.69 and its two-hundred day moving average price is $82.54. The firm has a market cap of $37.05 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. Fidelity National Information Services, Inc. has a one year low of $62.63 and a one year high of $91.98.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. During the same period in the prior year, the firm earned $0.94 earnings per share. As a group, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a dividend of $0.40 per share. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.60 annualized dividend and a dividend yield of 2.29%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 55.17%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FIS. Stephens dropped their target price on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. William Blair reaffirmed an “outperform” rating on shares of Fidelity National Information Services in a research report on Tuesday. UBS Group reduced their target price on Fidelity National Information Services from $94.00 to $81.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Susquehanna cut Fidelity National Information Services from a “positive” rating to a “neutral” rating and dropped their price target for the company from $103.00 to $81.00 in a research note on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, Fidelity National Information Services has a consensus rating of “Hold” and a consensus target price of $87.36.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 701 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now directly owns 11,098 shares in the company, valued at $887,507.06. This represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by insiders.

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.