Are Fidelity National Information Services, Inc. (FIS) Shares Headed For A Correction?

15 July, 2017, 15:07 | Author: Leticia Walters

(FIS) has made a move of +3.40% over the past month, which has come on weak relative transaction volume. 224.96 million shares or 1.24% less from 227.79 million shares in 2016Q3 were reported. Fidelity National Financial has a 12 month low of $11.00 and a 12 month high of $16.15. Fis now has $29.80B valuation. (FIS) traded up 0.37% during trading on Friday, reaching $89.58. About 548,784 shares traded.

Fidelity National Financial Inc. holds 22.53% of its portfolio in Fidelity National Information Servcs Inc for 1.30 million shares.

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The stock's market capitalization is $1.03 billion. The Company's divisions include the United States, Canada and worldwide. It has a 15.01 P/E ratio. That value represents a market adjusting for revenues that have been growing by 3.39 % on a quarterly year/year basis as of the company's last quarterly report. See which 3 stocks are most likely to make moves following their insider activities. Manchester Capital Limited Liability Company, Vermont-based fund reported 2,023 shares. It is down 14.58% since July 13, 2016 and is uptrending. It has underperformed by 8.37% the S&P500.

Lionstone Capital Management Llc holds 9.74% of its portfolio in FNF Group of Fidelity National Financial, Inc. for 492,200 shares. The Symphony Asset Management Llc holds 67,304 shares with $5.09 million value, down from 75,013 last quarter. Apg Asset Management Nv has 0.04% invested in Fidelity National Information Servcs Inc (NYSE:FIS) for 287,922 shares. The New York-based D.C. Capital Advisors Ltd has invested 10.08% in the stock. Rosenblum Silverman Sutton S F Inc Ca, a California-based fund reported 130,735 shares.

Ratings analysis reveals 77% of Fidelity Nat'l Info's analysts are positive.

Among 11 analysts covering Now Inc (NYSE:DNOW), 6 have Buy rating, 0 Sell and 5 Hold. Firm has a $96.00 price objective on the information technology services provider's shares. The stock's average target of $42.03 is -6.83% below today's ($45.11) share price. FIS was included in 33 notes of analysts from August 7, 2015. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. Barclays Capital maintained it with "Overweight" rating and $46 target in Friday, February 12 report.

Since January 1, 0001, it had 0 insider buys, and 10 insider sales for $113.61 million activity. Also, the number of active investment managers holding Fidelity National Information Services Inc in their top 10 positions decreased from 20 to 15 for a decrease of 5. $44,863 worth of Fidelity National Information Servcs Inc (NYSE:FIS) was sold by Stallings James B JR.

Wells Fargo & Company MN lowered its position in shares of Fidelity National Financial, Inc.

Fidelity National Financial (NYSE:FNFV) last posted its earnings results on Wednesday, May 3rd. Fidelity National Information Services, Inc. The firm earned "Overweight" rating on Friday, September 25 by Piper Jaffray. Their average price target spell out an upbeat performance - a 4% and would give FIS a market capitalization of almost $30.71B. The stock has "Neutral" rating by JP Morgan on Friday, August 14. On Tuesday, March 28 the stock rating was downgraded by Goldman Sachs to "Neutral". (NYSE:FNF) has "Buy" rating given on Friday, November 4 by Monness Crespi & Hardt.

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The rating was upgraded by Goldman Sachs to "Buy" on Friday, April 1. The rating was initiated by RBC Capital Markets with "Outperform" on Monday, June 6. As per Wednesday, February 8, the company rating was upgraded by Credit Suisse.

Analysts expect Fidelity National Financial Inc (NYSE:FNFV) to report $0.03 EPS on July, 19.They anticipate $0.03 EPS change or 50.00% from last quarter's $0.06 EPS. FIS's profit will be $323.55M for 23.00 P/E if the $0.97 EPS becomes a reality. The information technology services provider reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.82 by $0.04.

Investors sentiment decreased to 1.14 in Q4 2016.

Most recently the business also announced dividend for the quarter, to be paid on early Fri, Jun 30th. traders with a divided record date on Fri, Jun 16th were paid a $0.29 dividend. this indicates a $1.16 annual dividend and a payout of 1.30%. It worsened, as 38 investors sold FIS shares while 190 reduced holdings. 63 funds opened positions while 198 raised stakes. During the same quarter previous year, the company earned $0.79 earnings per share. Utah Retirement invested in 0.06% or 9,154 shares. National Bank & Trust Of Montreal Can invested in 0% or 107,360 shares. Finally, WFG Advisors LP boosted its stake in Fidelity National Information Services by 37.2% in the fourth quarter. Peak6 Limited Partnership holds 0% or 2,681 shares in its portfolio. 979,560 were reported by Sumitomo Mitsui Tru. Calvert Mngmt reported 3,786 shares stake. The GFS segment is focused on serving the financial institutions and/or worldwide financial institutions with a range of capital markets and asset management and insurance solutions, as well as banking and payments solutions and consulting and transformation services.

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