Fidelity National Information Services, Inc. (NYSE:FIS) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 337,065 shares of the information technology services provider’s stock after selling 7,438 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of Fidelity National Information Services worth $18,630,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. OFI Invest Asset Management acquired a new position in Fidelity National Information Services in the 3rd quarter valued at $25,000. Baystate Wealth Management LLC raised its position in shares of Fidelity National Information Services by 332.1% in the third quarter. Baystate Wealth Management LLC now owns 484 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 372 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in shares of Fidelity National Information Services by 83.3% in the first quarter. Brown Brothers Harriman & Co. now owns 286 shares of the information technology services provider’s stock worth $29,000 after buying an additional 130 shares in the last quarter. Spotlight Asset Group Inc. acquired a new position in Fidelity National Information Services during the second quarter worth about $30,000. Finally, McCarthy Grittinger Financial Group LLC grew its stake in Fidelity National Information Services by 101.1% during the 3rd quarter. McCarthy Grittinger Financial Group LLC now owns 573 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 85.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FIS shares. Wolfe Research upgraded shares of Fidelity National Information Services from a “peer perform” rating to an “outperform” rating and set a $65.00 price objective on the stock in a report on Tuesday, October 17th. Barclays raised Fidelity National Information Services from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $62.00 to $69.00 in a research report on Thursday, October 19th. Truist Financial lifted their price objective on Fidelity National Information Services from $50.00 to $55.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. UBS Group restated a “neutral” rating and set a $58.00 target price on shares of Fidelity National Information Services in a report on Friday, October 20th. Finally, Royal Bank of Canada cut their price target on shares of Fidelity National Information Services from $71.00 to $67.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 8th. One analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $66.17.

Read Our Latest Research Report on Fidelity National Information Services

Insider Transactions at Fidelity National Information Services

In related news, Director Ellen R. Alemany acquired 735 shares of the business’s stock in a transaction on Wednesday, January 17th. The shares were bought at an average price of $60.32 per share, with a total value of $44,335.20. Following the completion of the acquisition, the director now owns 35,333 shares in the company, valued at $2,131,286.56. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Fidelity National Information Services Stock Up 0.9 %

Fidelity National Information Services stock opened at $62.32 on Tuesday. The stock’s fifty day moving average is $60.86 and its two-hundred day moving average is $56.92. The stock has a market cap of $36.92 billion, a PE ratio of -1.52, a P/E/G ratio of 1.02 and a beta of 0.95. Fidelity National Information Services, Inc. has a 1-year low of $46.91 and a 1-year high of $69.65. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.76.

About Fidelity National Information Services

(Free Report)

Fidelity National Information Services, Inc provides technology solutions for financial institutions and businesses worldwide. It operates through Banking Solutions, Merchant Solutions, and Capital Market Solutions segments. The Banking Solutions segment provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; electronic funds transfer and network; card and retail payment; wealth and retirement; and item processing and output solutions.

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

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