Bessemer Group Inc. lifted its position in Fidelity National Information Servcs Inc (NYSE:FIS) by 2.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,111,585 shares of the information technology services provider’s stock after buying an additional 73,841 shares during the period. Fidelity National Information Servcs makes up 1.3% of Bessemer Group Inc.’s holdings, making the stock its 12th largest position. Bessemer Group Inc. owned about 0.95% of Fidelity National Information Servcs worth $339,380,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Unigestion Holding SA bought a new stake in shares of Fidelity National Information Servcs in the 2nd quarter worth $10,740,000. EdgePoint Investment Group Inc. acquired a new position in shares of Fidelity National Information Servcs in the 2nd quarter worth $256,346,000. Andra AP fonden grew its holdings in shares of Fidelity National Information Servcs by 10.7% in the 3rd quarter. Andra AP fonden now owns 83,600 shares of the information technology services provider’s stock worth $9,118,000 after acquiring an additional 8,100 shares during the last quarter. Natixis grew its holdings in shares of Fidelity National Information Servcs by 1,257.7% in the 2nd quarter. Natixis now owns 577,810 shares of the information technology services provider’s stock worth $61,265,000 after acquiring an additional 535,253 shares during the last quarter. Finally, Capital Fund Management S.A. grew its holdings in shares of Fidelity National Information Servcs by 32.6% in the 2nd quarter. Capital Fund Management S.A. now owns 79,757 shares of the information technology services provider’s stock worth $8,457,000 after acquiring an additional 19,600 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors.

In other news, Director Stephan A. James sold 23,922 shares of Fidelity National Information Servcs stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $108.97, for a total transaction of $2,606,780.34. Following the transaction, the director now owns 41,585 shares in the company, valued at $4,531,517.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David K. Hunt sold 17,922 shares of Fidelity National Information Servcs stock in a transaction on Thursday, August 16th. The shares were sold at an average price of $106.38, for a total value of $1,906,542.36. Following the transaction, the director now owns 24,989 shares in the company, valued at approximately $2,658,329.82. The disclosure for this sale can be found here. Insiders own 2.08% of the company’s stock.

Shares of NYSE FIS opened at $107.47 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $35.15 billion, a P/E ratio of 24.31, a P/E/G ratio of 1.71 and a beta of 0.91. Fidelity National Information Servcs Inc has a 52-week low of $91.33 and a 52-week high of $110.83.

Fidelity National Information Servcs (NYSE:FIS) last issued its quarterly earnings results on Tuesday, October 30th. The information technology services provider reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.03. Fidelity National Information Servcs had a return on equity of 15.78% and a net margin of 17.89%. The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the company posted $1.18 earnings per share. Fidelity National Information Servcs’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, research analysts expect that Fidelity National Information Servcs Inc will post 5.22 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.19%. Fidelity National Information Servcs’s dividend payout ratio is 28.96%.

A number of equities analysts recently issued reports on FIS shares. SunTrust Banks lifted their target price on Fidelity National Information Servcs to $125.00 and gave the stock a “buy” rating in a report on Monday, September 24th. They noted that the move was a valuation call. Zacks Investment Research cut Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a report on Monday, August 6th. Wood & Company lifted their target price on Fidelity National Information Servcs to $117.00 and gave the stock a “hold” rating in a report on Thursday, September 27th. They noted that the move was a valuation call. ValuEngine upgraded Fidelity National Information Servcs from a “hold” rating to a “buy” rating in a report on Wednesday, October 31st. Finally, Citigroup decreased their target price on Fidelity National Information Servcs from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, October 31st. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $117.50.

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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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