Mizuho Securities USA LLC Has $4.12 Million Holdings in Fidelity National Information Services, Inc. (NYSE:FIS)

Mizuho Securities USA LLC boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 44.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,024 shares of the information technology services provider’s stock after acquiring an additional 15,647 shares during the quarter. Mizuho Securities USA LLC’s holdings in Fidelity National Information Services were worth $4,121,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new stake in Fidelity National Information Services during the 4th quarter worth about $2,593,000. Raymond James Financial Inc. acquired a new stake in Fidelity National Information Services during the 4th quarter worth about $451,458,000. Avanza Fonder AB purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $3,227,000. Princeton Global Asset Management LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $2,313,000. Finally, Csenge Advisory Group raised its stake in shares of Fidelity National Information Services by 44.4% during the 4th quarter. Csenge Advisory Group now owns 13,446 shares of the information technology services provider’s stock worth $1,086,000 after purchasing an additional 4,134 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein acquired 701 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were bought at an average price of $79.97 per share, with a total value of $56,058.97. Following the acquisition, the director now owns 11,098 shares of the company’s stock, valued at $887,507.06. This trade represents a 6.74 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

FIS has been the subject of a number of recent research reports. Compass Point cut their price target on Fidelity National Information Services from $126.00 to $113.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Stephens cut their price target on 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. Barclays cut their price target on Fidelity National Information Services from $102.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Raymond James downgraded Fidelity National Information Services from a “strong-buy” rating to an “outperform” rating and cut their price target for the stock from $115.00 to $101.00 in a research note on Monday, January 6th. Finally, Susquehanna downgraded Fidelity National Information Services from a “positive” rating to a “neutral” rating and cut their price objective for the company from $103.00 to $81.00 in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $88.65.

Fidelity National Information Services Stock Performance

FIS opened at $73.38 on Monday. The firm has a market capitalization of $38.87 billion, a P/E ratio of 28.11, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. The stock’s 50 day moving average price is $74.76 and its two-hundred day moving average price is $81.39. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.62. Fidelity National Information Services, Inc. has a 12-month low of $66.51 and a 12-month high of $91.98.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, February 11th. The information technology services provider reported $1.40 earnings per share (EPS) 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 period last year, the company posted $0.94 EPS. On average, equities analysts forecast 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 disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Tuesday, March 11th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.36. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 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.