Today Fidelity National Information Services, Inc. (FIS) Stock Reaches 52-Week High

January 22, 2018 - By Marie Mckinney

Investors sentiment increased to 1.07 in Q3 2017. Its up 0.13, from 0.94 in 2017Q2. It is positive, as 34 investors sold Fidelity National Information Services, Inc. shares while 187 reduced holdings. 61 funds opened positions while 175 raised stakes. 286.04 million shares or 1.76% more from 281.10 million shares in 2017Q2 were reported.
Savant Cap Ltd Limited Liability Company has 0.08% invested in Fidelity National Information Services, Inc. (NYSE:FIS). Benjamin F Edwards & reported 795 shares stake. Pineno Levin & Ford Asset Inc holds 1.81% or 42,318 shares. Massachusetts Fin Co Ma stated it has 0.79% of its portfolio in Fidelity National Information Services, Inc. (NYSE:FIS). Adirondack Tru holds 0.01% or 90 shares. Community Commercial Bank Na, New York-based fund reported 49 shares. First Republic Investment Incorporated has invested 0.02% in Fidelity National Information Services, Inc. (NYSE:FIS). Bessemer owns 3.55 million shares. Parametric Port Associate Limited Liability Corporation accumulated 808,637 shares. American Gp Inc holds 0.04% of its portfolio in Fidelity National Information Services, Inc. (NYSE:FIS) for 130,470 shares. Synovus Fincl Corp stated it has 0.01% of its portfolio in Fidelity National Information Services, Inc. (NYSE:FIS). Ubs Asset Mngmt Americas owns 0.1% invested in Fidelity National Information Services, Inc. (NYSE:FIS) for 1.13M shares. Timessquare Capital Lc reported 0.7% stake. Deltec Asset Management Llc reported 40,976 shares or 0.78% of all its holdings. Nordea Invest Ab accumulated 0.01% or 36,681 shares.

Since August 4, 2017, it had 0 buys, and 6 sales for $49.17 million activity. Shares for $341,545 were sold by JAMES STEPHAN A on Tuesday, December 19. 2,181 shares were sold by Stallings James B JR, worth $196,986 on Friday, August 4. 100,000 Fidelity National Information Services, Inc. (NYSE:FIS) shares with value of $9.24 million were sold by Jabbour Anthony M. 17,000 Fidelity National Information Services, Inc. (NYSE:FIS) shares with value of $1.61 million were sold by HUNT DAVID K.

The stock of Fidelity National Information Services, Inc. (NYSE:FIS) hit a new 52-week high and has $102.99 target or 4.00 % above today’s $99.03 share price. The 9 months bullish chart indicates low risk for the $33.06B company. The 1-year high was reported on Jan, 22 by Barchart.com. If the $102.99 price target is reached, the company will be worth $1.32B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.56% or $0.56 during the last trading session, reaching $99.03. About 344,437 shares traded. Fidelity National Information Services, Inc. (NYSE:FIS) has risen 14.58% since January 22, 2017 and is uptrending. It has underperformed by 2.12% the S&P500.

Analysts await Fidelity National Information Services, Inc. (NYSE:FIS) to report earnings on February, 6. They expect $1.34 EPS, up 17.54 % or $0.20 from last year’s $1.14 per share. FIS’s profit will be $447.36 million for 18.48 P/E if the $1.34 EPS becomes a reality. After $1.18 actual EPS reported by Fidelity National Information Services, Inc. for the previous quarter, Wall Street now forecasts 13.56 % EPS growth.

Fidelity National Information Services, Inc. (NYSE:FIS) Ratings Coverage

Among 24 analysts covering Fidelity National Information Services (NYSE:FIS), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Fidelity National Information Services has $110 highest and $70 lowest target. $97.19’s average target is -1.86% below currents $99.03 stock price. Fidelity National Information Services had 58 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, September 5. The company was maintained on Wednesday, September 6 by Robert W. Baird. The stock has “Outperform” rating by Cowen & Co on Wednesday, September 30. The rating was maintained by Barclays Capital with “Overweight” on Monday, September 26. Credit Suisse maintained Fidelity National Information Services, Inc. (NYSE:FIS) on Wednesday, November 1 with “Buy” rating. On Tuesday, March 28 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm has “Buy” rating by Compass Point given on Friday, April 15. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, August 26. The rating was maintained by Oppenheimer on Wednesday, November 1 with “Overweight”. On Friday, October 7 the stock rating was initiated by Cantor Fitzgerald with “Buy”.

More important recent Fidelity National Information Services, Inc. (NYSE:FIS) news were published by: Seekingalpha.com which released: “Fidelity National Information Services (FIS) Q2 2017 Results – Earnings Call …” on August 02, 2017, also Seekingalpha.com published article titled: “Fidelity National Information Services (FIS) Q3 2017 Results – Earnings Call …”, Seekingalpha.com published: “Fidelity National Information Services Looks Ready To Grow Again” on August 31, 2017. More interesting news about Fidelity National Information Services, Inc. (NYSE:FIS) was released by: Twst.com and their article: “Fidelity National Information Services Inc.: FIS to Report Fourth Quarter and …” with publication date: January 04, 2018.

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. The company has market cap of $33.06 billion. The firm operates through Integrated Financial Solutions and Global Financial Solutions divisions. It has a 61.28 P/E ratio. It also provides financial consulting and outsourcing services.

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