Waterloo Capital L.P. Has $732,000 Position in Fidelity National Information Services, Inc. (NYSE:FIS)

Waterloo Capital L.P. boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 13.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,058 shares of the information technology services provider’s stock after acquiring an additional 1,104 shares during the period. Waterloo Capital L.P.’s holdings in Fidelity National Information Services were worth $732,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in FIS. Geode Capital Management LLC lifted its position in Fidelity National Information Services by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 13,051,569 shares of the information technology services provider’s stock valued at $1,052,819,000 after acquiring an additional 208,127 shares in the last quarter. Boston Partners lifted its holdings in shares of Fidelity National Information Services by 3.9% in the fourth quarter. Boston Partners now owns 11,999,052 shares of the information technology services provider’s stock valued at $968,326,000 after purchasing an additional 446,544 shares in the last quarter. Norges Bank purchased a new position in shares of Fidelity National Information Services during the fourth quarter valued at approximately $635,202,000. Raymond James Financial Inc. bought a new stake in Fidelity National Information Services during the fourth quarter worth $451,458,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Fidelity National Information Services by 100.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,231,856 shares of the information technology services provider’s stock valued at $261,037,000 after buying an additional 1,616,146 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FIS. Stephens reduced their target price on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. Morgan Stanley reduced their price objective on shares of Fidelity National Information Services from $92.00 to $86.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 12th. Royal Bank of Canada cut their target price on Fidelity National Information Services from $104.00 to $95.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Robert W. Baird increased their price target on Fidelity National Information Services from $80.00 to $82.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods cut their price objective on Fidelity National Information Services from $102.00 to $92.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Hold” and an average price target of $88.05.

Insider Buying and Selling

In related news, Director Jeffrey A. Goldstein acquired 701 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were bought 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 owns 11,098 shares in the company, valued at approximately $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $69.90 on Monday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. Fidelity National Information Services, Inc. has a fifty-two week low of $66.51 and a fifty-two week high of $91.98. The stock has a market cap of $37.02 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06. The stock has a fifty day moving average of $73.84 and a 200-day moving average of $80.72.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share 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 quarter last year, the firm posted $0.94 earnings per share. Equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend was Tuesday, March 11th. Fidelity National Information Services’s payout ratio is 61.30%.

About Fidelity National Information Services

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.