Semmax Financial Advisors Inc. Acquires 520 Shares of Fidelity National Information Services, Inc. (NYSE:FIS)

Semmax Financial Advisors Inc. boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 10.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,471 shares of the information technology services provider’s stock after acquiring an additional 520 shares during the period. Semmax Financial Advisors Inc.’s holdings in Fidelity National Information Services were worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Capital International Investors raised its position in Fidelity National Information Services by 32.5% during the 1st quarter. Capital International Investors now owns 24,292,463 shares of the information technology services provider’s stock worth $3,416,150,000 after buying an additional 5,957,633 shares during the last quarter. BlackRock Inc. raised its position in Fidelity National Information Services by 9.2% during the 1st quarter. BlackRock Inc. now owns 47,042,904 shares of the information technology services provider’s stock worth $6,614,703,000 after buying an additional 3,971,473 shares during the last quarter. Boston Partners raised its position in Fidelity National Information Services by 406.4% during the 1st quarter. Boston Partners now owns 2,418,020 shares of the information technology services provider’s stock worth $340,362,000 after buying an additional 1,940,573 shares during the last quarter. Select Equity Group L.P. increased its holdings in shares of Fidelity National Information Services by 30.4% during the 1st quarter. Select Equity Group L.P. now owns 6,953,868 shares of the information technology services provider’s stock valued at $977,783,000 after purchasing an additional 1,620,142 shares in the last quarter. Finally, Steadfast Capital Management LP increased its holdings in shares of Fidelity National Information Services by 37.8% during the 1st quarter. Steadfast Capital Management LP now owns 3,715,011 shares of the information technology services provider’s stock valued at $522,368,000 after purchasing an additional 1,018,201 shares in the last quarter. Institutional investors and hedge funds own 89.17% of the company’s stock.

Shares of FIS stock traded down $2.13 during trading hours on Friday, reaching $123.27. 38,747 shares of the stock were exchanged, compared to its average volume of 3,441,324. The business’s fifty day moving average is $135.19 and its two-hundred day moving average is $142.80. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.82 and a quick ratio of 0.82. Fidelity National Information Services, Inc. has a 12-month low of $120.17 and a 12-month high of $155.96. The firm has a market capitalization of $76.14 billion, a P/E ratio of 895.78, a P/E/G ratio of 1.27 and a beta of 0.81.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 3rd. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.55 by $0.06. The firm had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.39 billion. Fidelity National Information Services had a return on equity of 7.62% and a net margin of 0.69%. The firm’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.15 earnings per share. As a group, equities research analysts predict that Fidelity National Information Services, Inc. will post 6.55 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 24th. Investors of record on Friday, September 10th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Thursday, September 9th. Fidelity National Information Services’s dividend payout ratio (DPR) is 28.57%.

In other news, Director Jeffrey A. Goldstein acquired 2,222 shares of the firm’s stock in a transaction dated Monday, August 9th. The stock was acquired at an average cost of $134.05 per share, with a total value of $297,859.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.65% of the company’s stock.

Several equities analysts have recently weighed in on FIS shares. Oppenheimer cut their target price on shares of Fidelity National Information Services from $169.00 to $157.00 and set an “outperform” rating for the company in a report on Wednesday, August 4th. Truist cut shares of Fidelity National Information Services from a “buy” rating to a “hold” rating and set a $155.00 price target on the stock. in a research note on Monday, June 7th. They noted that the move was a valuation call. TheStreet cut shares of Fidelity National Information Services from a “b-” rating to a “c+” rating in a research note on Friday, September 10th. Mizuho reissued a “buy” rating and set a $185.00 price target on shares of Fidelity National Information Services in a research report on Wednesday, June 30th. Finally, Raymond James lowered their price target on shares of Fidelity National Information Services from $194.00 to $178.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, August 4th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $163.93.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the business of technology, solutions and services for merchants, banks and capital markets businesses. It operates through the following segments: Merchant, Banking, and Capital Markets. The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept electronic payments, including credit, debit and prepaid payments originated at a physical point of sale as well as in card-not-present environments such as eCommerce and mobile.

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

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