Fidelity National Information Services (NYSE:FIS) Coverage Initiated by Analysts at Stephens

Stephens assumed coverage on shares of Fidelity Nationwide Information Products and services (NYSE:FISGet Rating) in a investigate report despatched to buyers on Wednesday morning, Marketbeat reports. The brokerage issued an over weight rating and a $125.00 goal rate on the information technologies providers provider’s stock.

FIS has been the matter of quite a few other reports. Credit score Suisse Team minimized their selling price objective on Fidelity Countrywide Details Expert services from $140.00 to $135.00 and established an outperform score for the corporation in a analysis report on Wednesday, February 16th. Wells Fargo & Company assumed coverage on Fidelity National Details Companies in a investigate report on Monday. They established an obese ranking and a $132.00 price objective for the organization. Loop Capital started off protection on Fidelity Nationwide Details Solutions in a investigation report on Tuesday, December 14th. They established a get ranking and a $139.00 price tag objective for the enterprise. KeyCorp dropped their target price tag on Fidelity Nationwide Details Companies from $150.00 to $135.00 and established an overweight score on the stock in a report on Monday, March 28th. At last, Citigroup dropped their concentrate on price on Fidelity National Details Solutions from $160.00 to $138.00 and established a buy score on the stock in a report on Wednesday, January 26th. Four financial commitment analysts have rated the stock with a keep rating, eighteen have specified a get rating and a person has issued a potent acquire score to the enterprise. According to information from MarketBeat, Fidelity Countrywide Information Services presently has a consensus ranking of Get and a consensus cost concentrate on of $138.76.

NYSE:FIS opened at $101.56 on Wednesday. Fidelity Countrywide Info Providers has a 1 year very low of $85.00 and a 1 12 months significant of $155.96. The company has a present-day ratio of .74, a rapid ratio of .74 and a debt-to-fairness ratio of .31. The stock has a marketplace cap of $61.91 billion, a selling price-to-earnings ratio of 149.36, a PEG ratio of 1.04 and a beta of .74. The inventory has a 50-day moving normal selling price of $100.58 and a two-hundred day shifting typical selling price of $109.44.

Fidelity National Info Services (NYSE:FISGet Score) very last posted its quarterly earnings details on Tuesday, February 15th. The details technological innovation companies supplier reported $1.92 earnings for each share for the quarter, topping the consensus estimate of $1.89 by $.03. The firm experienced income of $3.67 billion during the quarter, in comparison to analysts’ expectations of $3.70 billion. Fidelity National Info Solutions had a return on equity of 8.50% and a net margin of 3.01%. Fidelity Nationwide Info Services’s income for the quarter was up 10.7% as opposed to the exact quarter previous 12 months. All through the same interval in the prior 12 months, the business earned $1.62 earnings for each share. Provide-side analysts forecast that Fidelity Nationwide Data Providers will put up 7.31 earnings for every share for the present-day year.

The business also not too long ago declared a quarterly dividend, which was paid out on Friday, March 25th. Traders of document on Friday, March 11th ended up supplied a dividend of $.47 for each share. The ex-dividend date was Thursday, March 10th. This represents a $1.88 dividend on an annualized foundation and a generate of 1.85%. This is an raise from Fidelity National Information Services’s earlier quarterly dividend of $.39. Fidelity National Details Services’s dividend payout ratio is currently 276.47%.

Significant investors have not long ago modified their holdings of the inventory. Herold Advisors Inc. acquired a new stake in Fidelity Nationwide Details Services during the third quarter worthy of somewhere around $27,000. Covestor Ltd acquired a new stake in shares of Fidelity Countrywide Information and facts Providers in the 4th quarter valued at $35,000. Equitec Proprietary Marketplaces LLC obtained a new stake in shares of Fidelity Nationwide Information and facts Solutions in the 4th quarter valued at $39,000. Simon Rapid Advisors LLC boosted its holdings in shares of Fidelity Countrywide Information and facts Services by 1,700.% in the 3rd quarter. Simon Fast Advisors LLC now owns 396 shares of the facts technology solutions provider’s stock valued at $48,000 right after obtaining an extra 374 shares in the past quarter. Eventually, Cordant Inc. boosted its holdings in shares of Fidelity Countrywide Details Solutions by 8,260.% in the 4th quarter. Cordant Inc. now owns 418 shares of the info know-how expert services provider’s inventory valued at $46,000 after getting an supplemental 413 shares in the past quarter. 89.83% of the inventory is at this time owned by institutional traders and hedge funds.

About Fidelity Countrywide Details Products and services (Get Score)

Fidelity Nationwide Information Services, Inc provides technology solutions for retailers, banks, and cash markets firms worldwide. It operates by means of Service provider Answers, Banking Remedies, and Capital Market Solutions segments. The Service provider Methods section delivers company acquiring, software program-led small- to medium-sized organizations acquiring, and global e-commerce methods.

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