Mountain Pacific Investment Advisers Inc. ID boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 0.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 351,050 shares of the information technology services provider’s stock after acquiring an additional 1,265 shares during the quarter. Fidelity National Information Services accounts for about 3.6% of Mountain Pacific Investment Advisers Inc. ID’s investment portfolio, making the stock its 5th largest position. Mountain Pacific Investment Advisers Inc. ID owned 0.11% of Fidelity National Information Services worth $32,785,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caldera Capital LLC increased its stake in Fidelity National Information Services by 10.8% in the 2nd quarter. Caldera Capital LLC now owns 181,428 shares of the information technology services provider’s stock worth $15,493,000 after acquiring an additional 17,676 shares during the last quarter. Polaris Greystone Financial Group LLC increased its stake in Fidelity National Information Services by 1.7% in the 2nd quarter. Polaris Greystone Financial Group LLC now owns 229,356 shares of the information technology services provider’s stock worth $19,587,000 after acquiring an additional 3,867 shares during the last quarter. Commerce Bank increased its stake in Fidelity National Information Services by 0.9% in the 2nd quarter. Commerce Bank now owns 398,692 shares of the information technology services provider’s stock worth $34,048,000 after acquiring an additional 3,476 shares during the last quarter. Shell Asset Management Co. increased its stake in Fidelity National Information Services by 110.3% in the 2nd quarter. Shell Asset Management Co. now owns 75,284 shares of the information technology services provider’s stock worth $6,429,000 after acquiring an additional 39,483 shares during the last quarter. Finally, Motco increased its stake in Fidelity National Information Services by 12.3% in the 2nd quarter. Motco now owns 1,192 shares of the information technology services provider’s stock worth $102,000 after acquiring an additional 131 shares during the last quarter. Institutional investors and hedge funds own 86.64% of the company’s stock.

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Shares of Fidelity National Information Services, Inc. (NYSE:FIS) traded up 0.64% during midday trading on Monday, reaching $95.89. The company had a trading volume of 122,247 shares. The stock has a 50-day moving average of $93.47 and a 200 day moving average of $88.07. Fidelity National Information Services, Inc. has a 52 week low of $73.25 and a 52 week high of $96.00. The firm has a market capitalization of $31.87 billion, a price-to-earnings ratio of 48.07 and a beta of 0.85.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Wednesday, August 2nd. The information technology services provider reported $1.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.05. Fidelity National Information Services had a return on equity of 13.49% and a net margin of 7.08%. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the firm posted $0.90 earnings per share. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, analysts anticipate that Fidelity National Information Services, Inc. will post $4.29 earnings per share for the current year.

Fidelity National Information Services declared that its board has approved a share repurchase plan on Wednesday, August 2nd that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to reacquire up to 13.3% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

A number of brokerages have weighed in on FIS. Zacks Investment Research lowered Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Monday, October 16th. Robert W. Baird restated an “outperform” rating and issued a $108.00 target price (up from $102.00) on shares of Fidelity National Information Services in a research note on Tuesday, October 10th. BidaskClub upgraded Fidelity National Information Services from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 24th. Barclays PLC restated an “overweight” rating and issued a $102.00 target price (up from $94.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 9th. Finally, BMO Capital Markets upped their target price on Fidelity National Information Services from $92.00 to $104.00 and gave the stock an “outperform” rating in a research note on Thursday, August 3rd. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Fidelity National Information Services presently has an average rating of “Buy” and a consensus target price of $94.67.

In other Fidelity National Information Services news, Director James B. Stallings, Jr. sold 2,181 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $90.32, for a total transaction of $196,987.92. Following the sale, the director now directly owns 12,317 shares of the company’s stock, valued at $1,112,471.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Anthony M. Jabbour sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $92.36, for a total value of $9,236,000.00. Following the sale, the chief operating officer now directly owns 282,689 shares in the company, valued at $26,109,156.04. The disclosure for this sale can be found here. Insiders have sold 520,549 shares of company stock worth $47,224,679 over the last three months. 2.66% of the stock is currently owned by insiders.

Fidelity National Information Services 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.

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

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