Mycio Wealth Partners LLC reduced its position in shares of Fidelity National Information Servcs Inc (NYSE:FIS) by 19.9% in the second quarter, Holdings Channel reports. The firm owned 2,820 shares of the information technology services provider’s stock after selling 699 shares during the period. Mycio Wealth Partners LLC’s holdings in Fidelity National Information Servcs were worth $346,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIS. Marshall Wace North America L.P. grew its position in shares of Fidelity National Information Servcs by 15,717.0% during the 1st quarter. Marshall Wace North America L.P. now owns 1,774,196 shares of the information technology services provider’s stock valued at $200,662,000 after purchasing an additional 1,762,979 shares in the last quarter. Ceredex Value Advisors LLC purchased a new position in Fidelity National Information Servcs in the first quarter worth $144,430,000. Swedbank purchased a new position in Fidelity National Information Servcs in the first quarter worth $108,321,000. BlackRock Inc. grew its position in Fidelity National Information Servcs by 3.5% in the first quarter. BlackRock Inc. now owns 25,752,780 shares of the information technology services provider’s stock worth $2,912,641,000 after acquiring an additional 877,811 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Fidelity National Information Servcs in the first quarter worth $57,172,000. Hedge funds and other institutional investors own 95.16% of the company’s stock.

FIS has been the subject of several research reports. ValuEngine lowered shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. Oppenheimer set a $148.00 target price on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Barclays set a $147.00 target price on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a research report on Monday, August 12th. Berenberg Bank set a $171.00 target price on shares of Fidelity National Information Servcs and gave the stock a “buy” rating in a research report on Friday, August 9th. Finally, Bank of America upped their target price on shares of Fidelity National Information Servcs from $139.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Four analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Fidelity National Information Servcs presently has a consensus rating of “Buy” and a consensus target price of $143.61.

NYSE FIS traded down $2.03 during trading on Thursday, hitting $136.17. 30,345 shares of the company’s stock traded hands, compared to its average volume of 8,796,742. The stock has a fifty day moving average of $132.00 and a two-hundred day moving average of $118.50. The company has a debt-to-equity ratio of 1.67, a current ratio of 3.00 and a quick ratio of 3.00. Fidelity National Information Servcs Inc has a 12-month low of $94.53 and a 12-month high of $140.73. The firm has a market cap of $44.83 billion, a P/E ratio of 26.05, a PEG ratio of 2.59 and a beta of 0.64.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 6th. The information technology services provider reported $1.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.78. Fidelity National Information Servcs had a net margin of 8.97% and a return on equity of 20.66%. The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the business posted $1.23 earnings per share. The company’s revenue was up .3% on a year-over-year basis. As a group, analysts expect that Fidelity National Information Servcs Inc will post 6 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $1.40 annualized dividend and a yield of 1.03%. Fidelity National Information Servcs’s payout ratio is 26.77%.

In other news, Director Lisa Hook sold 6,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $136.14, for a total transaction of $816,840.00. Following the completion of the transaction, the director now directly owns 6,797 shares of the company’s stock, valued at $925,343.58. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James B. Stallings, Jr. sold 1,240 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $122.55, for a total transaction of $151,962.00. Following the transaction, the director now directly owns 8,370 shares of the company’s stock, valued at $1,025,743.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,221 shares of company stock valued at $2,323,922. Company insiders own 1.43% of the company’s stock.

About Fidelity National Information Servcs

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.

Featured Article: What is a Real Estate Investment Trust (REIT)?

Want to see what other hedge funds are holding FIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Information Servcs Inc (NYSE:FIS).

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

Receive News & Ratings for Fidelity National Information Servcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Servcs and related companies with MarketBeat.com's FREE daily email newsletter.