Oakbrook Investments LLC decreased its stake in Fidelity National Information Servcs Inc (NYSE:FIS) by 7.7% during the first quarter, Holdings Channel reports. The institutional investor owned 25,031 shares of the information technology services provider’s stock after selling 2,100 shares during the period. Oakbrook Investments LLC’s holdings in Fidelity National Information Servcs were worth $1,993,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FIS. Norges Bank acquired a new stake in Fidelity National Information Servcs during the fourth quarter valued at approximately $174,638,000. Columbus Circle Investors boosted its stake in Fidelity National Information Servcs by 683.7% in the third quarter. Columbus Circle Investors now owns 1,256,323 shares of the information technology services provider’s stock valued at $96,775,000 after buying an additional 1,096,021 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Fidelity National Information Servcs by 469.2% in the fourth quarter. Renaissance Technologies LLC now owns 1,167,401 shares of the information technology services provider’s stock valued at $88,302,000 after buying an additional 962,300 shares in the last quarter. Valinor Management L.P. acquired a new stake in Fidelity National Information Servcs during the third quarter valued at approximately $68,128,000. Finally, Artisan Partners Limited Partnership boosted its stake in Fidelity National Information Servcs by 38.6% in the fourth quarter. Artisan Partners Limited Partnership now owns 3,081,166 shares of the information technology services provider’s stock valued at $233,059,000 after buying an additional 857,611 shares in the last quarter. 87.30% of the stock is owned by institutional investors and hedge funds.

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

Fidelity National Information Servcs Inc (NYSE:FIS) traded up 1.391% on Friday, hitting $82.705. The stock had a trading volume of 1,347,284 shares. Fidelity National Information Servcs Inc has a 1-year low of $64.36 and a 1-year high of $83.86. The stock has a 50 day moving average price of $80.92 and a 200 day moving average price of $78.50. The company has a market cap of $27.19 billion, a P/E ratio of 48.001 and a beta of 0.84.

Fidelity National Information Servcs (NYSE:FIS) last released its quarterly earnings results on Tuesday, February 7th. The information technology services provider reported $1.14 earnings per share for the quarter, meeting the consensus estimate of $1.14. The firm had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.48 billion. Fidelity National Information Servcs had a return on equity of 13.03% and a net margin of 6.15%. The company’s revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 EPS. On average, equities research analysts expect that Fidelity National Information Servcs Inc will post $4.26 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Friday, March 17th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.42%. This is a boost from Fidelity National Information Servcs’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, March 15th. Fidelity National Information Servcs’s dividend payout ratio is presently 60.12%.

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FIS has been the subject of several recent analyst reports. Zacks Investment Research cut Fidelity National Information Servcs from a “hold” rating to a “sell” rating in a research note on Tuesday, January 17th. Goldman Sachs Group Inc cut Fidelity National Information Servcs from a “buy” rating to a “neutral” rating and set a $86.00 price objective for the company. in a research note on Monday, March 27th. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $85.00 price objective on shares of Fidelity National Information Servcs in a research note on Sunday, January 15th. William Blair reissued an “outperform” rating on shares of Fidelity National Information Servcs in a research note on Tuesday, March 28th. Finally, Credit Suisse Group AG raised Fidelity National Information Servcs from a “neutral” rating to an “outperform” rating and set a $88.00 price objective for the company in a research note on Wednesday, February 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eighteen have assigned a buy rating to the stock. Fidelity National Information Servcs has a consensus rating of “Buy” and a consensus price target of $87.68.

In other news, Director Frank R. Martire sold 219,017 shares of the stock in a transaction on Monday, March 27th. The stock was sold at an average price of $80.02, for a total transaction of $17,525,740.34. Following the transaction, the director now directly owns 219,272 shares of the company’s stock, valued at approximately $17,546,145.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director James B. Stallings, Jr. sold 550 shares of the stock in a transaction on Friday, February 17th. The shares were sold at an average price of $81.57, for a total value of $44,863.50. Following the transaction, the director now directly owns 14,311 shares in the company, valued at $1,167,348.27. The disclosure for this sale can be found here. Insiders have sold a total of 637,398 shares of company stock worth $51,730,186 over the last three months. Insiders own 2.29% of the company’s stock.

About Fidelity National Information Servcs

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.

5 Day Chart for NYSE:FIS

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