Fidelity National Information Services (FIS) : Hollencrest Securities reduced its stake in Fidelity National Information Services by 0.02% during the most recent quarter end. The investment management company now holds a total of 135,685 shares of Fidelity National Information Services which is valued at $8.7 Million after selling 31 shares in Fidelity National Information Services according to a report filed by the company on Apr 5, 2016 with the SEC.Fidelity National Information Services makes up approximately 1.52% of Hollencrest Securities’s portfolio.
Other Hedge Funds, Including ,
On the company’s financial health, Fidelity National Information Services reported $0.93 EPS for the quarter, based on the information available during the earnings call on Feb 9, 2016. Analyst had a consensus estimate of $0.93. The company had revenue of $1874.80 million for the quarter, compared to analysts expectations of $1892.30 million. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS.
Many Wall Street Analysts have commented on Fidelity National Information Services. Compass Point Initiated Fidelity National Information Services on Apr 15, 2016 to “Buy”, Price Target of the shares are set at $72.Fidelity National Information Services was Upgraded by Goldman to ” Buy” on Apr 1, 2016. Fidelity National Information Services was Upgraded by Wells Fargo to ” Outperform” on Jan 12, 2016.
Fidelity National Information Services opened for trading at $64.23 and hit $64.82 on the upside on Monday, eventually ending the session at $64.11, with a gain of 0.20% or 0.13 points. The heightened volatility saw the trading volume jump to 17,37,560 shares. Company has a market cap of $20,824 M.
Fidelity National Information Services Inc. is a provider of banking and payments technology consulting and outsourcing solutions. The Company operates through four segments: Financial Solutions Group provides services and software to satisfy the processing technology and outsourcing needs of its financial institution clients in North America. Payment Solutions Group provides services and software for the electronic funds transfer card processing item processing bill payment and government payments processing needs of its clients in North America. International Solutions Group offers banking applications channel solutions debit/credit/and prepaid card and merchant services wealth management services item processing and check risk management solutions to financial institutions card issuers commercial enterprises and government operations. Corporate and Other consists of the corporate overhead and costs of leveraged functions that are not allocated to operating segments.