Investors Buy Shares of Fidelity National Information Servcs (FIS) on Weakness

1,773,403 shares of the stock traded hands, compared to its average volume of 1,516,144. The Alta Capital Management Llc holds 629,887 shares with $97.08M value, down from 646,872 last quarter. (VRTS) has risen 32.74% since January 13, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and institutional banking, payments, asset and wealth management, and risk and compliance in the United States. About 1.77 million shares traded or 15.08% up from the average. The firm operates through Integrated Financial Solutions and Global Financial Solutions divisions. Basically, the P/E ratio tells potential shareholders how much they have to pay for every $1 of earnings. Ameriprise Financial Inc. now owns 4,870,184 shares of the information technology services provider's stock valued at $415,887,000 after purchasing an additional 69,174 shares in the last quarter.

Currently, 0.20% of Fidelity National Information Services, Inc. Huber Capital Management Llc owns 426,085 shares or 2.72% of their USA portfolio. Following the sale, the director now owns 19,154 shares in the company, valued at $1,810,627.62.

Although market capitalization is key to consider, don't invest (or not invest) based exclusively on it. Junto Capital Management Lp, a New York-based fund reported 700,500 shares. Zacks Investment Research downgraded shares of Fidelity National Information Services from a "hold" rating to a "sell" rating in a research note on Tuesday, January 17th.

When we look at the Analyst Recommendations of the stock, the company has 2.25 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. A volatility formula based only on the high-low range would fail to capture volatility from gap or limit moves. The Price to Sales (P/S) of the stock is 3.51, while P/B (Price to Book) stands at 3.24. JP Morgan maintained the stock with "Neutral" rating in Friday, August 14 report. At the moment, the 14-days ATR for Fidelity National Information Services, Inc. Wells Fargo & Company MN grew its position in shares of Fidelity National Information Servcs by 4.8% during the 2nd quarter. Cowen & Co has "Buy" rating and $9200 target. (NYSE:FIS) are owned by insiders with 89.48% six-month change in the insider ownership. The stock has "Overweight" rating by Oppenheimer on Wednesday, November 1. The company was reinitiated on Tuesday, December 1 by Goldman Sachs. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, November 9. SunTrust maintained the shares of FIS in report on Friday, September 11 with "Buy" rating. Kornitzer Capital Management Inc who had been investing in Fidelity Nat Info for a number of months, seems to be bullish on the $32.47 billion market cap company. Amica Mutual Insur Communication holds 0.13% of its portfolio in Fidelity National Information Services, Inc.

Fidelity National Information Servcs (NYSE:FIS) last released its quarterly earnings data on Tuesday, October 31st. During the same quarter in the previous year, the firm earned $1.00 earnings per share. analysts anticipate that Fidelity National Information Servcs will post 4.41 EPS for the current year. The stock decreased 0.17% or $0.17 during the last trading session, reaching $97.61. The company now has a consensus rating of Buy and an average price target of $99.53. Moreover, Dnb Asset Mgmt As has 0.04% invested in Fidelity National Information Services, Inc. (NYSE:FIS) has risen 14.58% since January 13, 2017 and is uptrending. It has underperformed by 2.12% the S&P500.

Since August 4, 2017, it had 0 buys, and 6 selling transactions for $49.17 million activity. On Thursday, October 26 the insider Bradley W Bennett sold $373,811. Insiders sold 87,633 shares of company stock valued at $8,146,090 over the last 90 days. Also, Director David K. Hunt sold 17,000 shares of the firm's stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $94.53, for a total transaction of $1,607,010.00. Jabbour Anthony M sold $9.24M worth of Fidelity National Information Services, Inc. Another trade for 63,388 shares valued at $9.78 million was sold by AHRENDTS ANGELA J.

Investors sentiment increased to 1.07 in Q3 2017. It increased, as 34 investors sold FIS shares while 187 reduced holdings. Burgundy Asset Limited, Ontario - Canada-based fund reported 1.06 million shares. Incline Glob Mngmt Limited Liability Company holds 3.16% or 409,747 shares in its portfolio. Metropolitan Life Ins has invested 0.1% in Fidelity National Information Services, Inc. Magnetar Fin Limited reported 2,190 shares. (NYSE:LOW) for 3,000 shares. Wealthtrust holds 933 shares. Amer Century holds 144,739 shares or 0% of its portfolio. Mcmillion Mgmt Incorporated owns 79,854 shares.

Investors may also want to take a longer-term look at company shares. Amundi Pioneer Asset Mgmt accumulated 593,293 shares or 0.09% of the stock. Qs Ltd stated it has 13,907 shares.

Analysts await Virtus Investment Partners, Inc. Therefore 77% are positive.

D-E Shaw & Company Inc increased Schnitzer Stl Inds (SCHN) stake by 73.96% reported in 2017Q3 SEC filing. The stock has "Outperform" rating by Robert W. Baird on Tuesday, October 10. The rating was maintained by Cowen & Co on Wednesday, August 2 with "Buy". Balentine LLC now owns 1,567 shares of the information technology services provider's stock worth $134,000 after buying an additional 382 shares during the period. The stock has "Buy" rating by Stifel Nicolaus on Friday, September 11. RBC Capital Markets maintained it with "Buy" rating and $101.0 target in Friday, October 6 report. Sageworth Tru Commerce reported 1,082 shares or 0.03% of all its holdings. VRTS's profit will be $16.96M for 13.86 P/E if the $2.37 EPS becomes a reality. After $0.78 actual earnings per share reported by BB&T Corporation for the previous quarter, Wall Street now forecasts 2.56% EPS growth. D-E Shaw & Company Inc acquired 22,188 shares as Schnitzer Stl Inds (SCHN)'s stock declined 28.14%. (NYSE:FIS) rating on Monday, July 10.

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