Mountain Pacific Investment Advisers Incid buys $29,879,051 stake in Fidelity National Information Services (FIS)

Fidelity National Information Services (FIS) : Mountain Pacific Investment Advisers Incid scooped up 1,560 additional shares in Fidelity National Information Services during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 22, 2016. The investment management firm now holds a total of 383,163 shares of Fidelity National Information Services which is valued at $29,879,051.Fidelity National Information Services makes up approximately 3.25% of Mountain Pacific Investment Advisers Incid’s portfolio.

Other Hedge Funds, Including , Oakbrook Investments boosted its stake in FIS in the latest quarter, The investment management firm added 4,600 additional shares and now holds a total of 35,331 shares of Fidelity National Information Services which is valued at $2,755,111. Fidelity National Information Services makes up approx 0.15% of Oakbrook Investments’s portfolio.Pineno Levin Ford Asset Management boosted its stake in FIS in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 42,330 shares of Fidelity National Information Services which is valued at $3,300,893. Fidelity National Information Services makes up approx 1.66% of Pineno Levin Ford Asset Management’s portfolio.Middleton Co Incma boosted its stake in FIS in the latest quarter, The investment management firm added 3,409 additional shares and now holds a total of 40,388 shares of Fidelity National Information Services which is valued at $3,149,456. Fidelity National Information Services makes up approx 0.70% of Middleton Co Incma’s portfolio.Hartford Investment Management Co reduced its stake in FIS by selling 1,389 shares or 2.05% in the most recent quarter. The Hedge Fund company now holds 66,490 shares of FIS which is valued at $5,184,890. Fidelity National Information Services makes up approx 0.11% of Hartford Investment Management Co’s portfolio.

Fidelity National Information Services closed down -0.83 points or -1.03% at $79.53 with 18,90,454 shares getting traded on Friday. Post opening the session at $80.38, the shares hit an intraday low of $79.33 and an intraday high of $80.49 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Fidelity National Information Services reported $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.87. The company had revenue of $2364.00 million for the quarter, compared to analysts expectations of $2326.69 million. The company’s revenue was up 49.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS.

Many Wall Street Analysts have commented on Fidelity National Information Services. Company shares were Reiterated by Deutsche Bank on Jul 27, 2016 to “Hold”, Firm has raised the Price Target to $ 80 from a previous price target of $72 .Company shares were Reiterated by Barclays on Jul 27, 2016 to “Overweight”, Firm has raised the Price Target to $ 88 from a previous price target of $83 .Company shares were Reiterated by Compass Point on Jul 27, 2016 to “Buy”, Firm has raised the Price Target to $ 90 from a previous price target of $78 .

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.

Leave a Reply

Fidelity National Information Services - Is it time to Sell?

Top Brokerage Firms are advising their investors on Fidelity National Information Services. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.