March 19, 2018

Simple Moving Average Analysis of Fidelity National Information Services, Inc. (FIS)

12 October 2017, 07:42 | Hattie Nash

At the time of writing, Fidelity National Information Services, Inc. Morgan Stanley maintained it with "Equal-Weight" rating and $26 target in Tuesday, July 25 report. The firm has "Buy" rating given on Wednesday, September 9 by Suntrust Robinson. As per Wednesday, February 8, the company rating was upgraded by Credit Suisse. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $94.00 price target (up from $92.00) on shares of Fidelity National Information Services in a research note on Friday, June 16th. Analysts rating the company a 3 indicate a Hold recommendation. The firm has "Buy" rating by RBC Capital Markets given on Friday, October 6. The firm has "Buy" rating by S&P Research given on Monday, August 17. Short interest increased from 3,932,731 to 4,489,184 over that timeframe. Vantage Invest Advisors Ltd Llc stated it has 0.01% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS). Vanguard Group Inc. now owns 22,545,037 shares of the information technology services provider's stock valued at $1,925,346,000 after acquiring an additional 726,796 shares in the last quarter. The Alyeska Investment Group Lp holds 2.40M shares with $17.19 million value, up from 324,502 last quarter. Fidelity Natl Info now has $31.36 billion valuation.

Company shares are trading at $94.77 a tad higher than $92.66, the stock's 50 day moving average and a bit higher than the 200 day moving average of $87.22.

About 200,960 shares traded. Analysts on a consensus basis have a 2.80 recommendation on this stock. It has underperformed by 21.16% the S&P500. The company has grown sales at a 10.40% annual rate over the past five years, putting it in the high growth category. Canaccord Genuity has "Hold" rating and $700 target. (NYSE:FIS)'s stock had its "outperform" rating reaffirmed by analysts at Robert W. Baird in a research report issued to clients and investors on Tuesday. Guardian Life Insurance Co. of America now owns 1,266 shares of the information technology services provider's stock valued at $101,000 after buying an additional 9 shares during the period.

Fidelity National Information Services announced that its Board of Directors has authorized a stock repurchase program on Wednesday, August 2nd that allows the company to buyback $4.00 billion in shares. Credit Suisse maintained it with "Buy" rating and $34 target in Wednesday, April 12 report. The rating was maintained by Telsey Advisory Group on Wednesday, August 19 with "Market Perform". The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) earned "Sell" rating by Goldman Sachs on Thursday, January 21. This buyback authorization allows the information technology services provider to buy up to 13.3% of its stock through open market purchases.

Zverev brutalises racquet in loss to Del Potro
Earlier on Thursday, Grigor Dimitrov booked his place in the quarter-finals, downing Sam Querrey 6-3 7-6 (7-3). I'm a bit pissed off about that, because I feel like I played well and I feel like that's the upsetting part.

Alyeska Investment Group Lp decreased Qts Rlty Tr Inc (NYSE:QTS) stake by 303,090 shares to 243,903 valued at $12.76M in 2017Q2. 13,165 are owned by Da Davidson. Artisan Prtnrs Partnership has invested 0.47% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS).

Analysts await TJX Companies Inc (NYSE:TJX) to report earnings on November, 21. The information technology services provider reported $1.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.05. RS's profit would be $90.94M giving it 15.12 P/E if the $1.25 EPS is correct. About 3,600 shares traded.

Investors sentiment decreased to 0.94 in 2017 Q2.

Biogen Inc. (NASDAQ:BIIB) closed up +1.53 points or 0.47% at $329.01 with 0.9 mln shares exchanging hands. It turned negative, as 85 investors sold GE shares while 816 reduced holdings. 39 funds opened positions while 122 raised stakes. Wellington Management Grp Inc Llp has 0.03% invested in Reliance Steel & Aluminum Co (NYSE:RS) for 1.74 million shares. 196,770 were accumulated by Whittier. Franklin Resources Inc invested in 0.04% or 920,118 shares. Horizon Kinetics Limited Liability Company holds 0.02% or 5,611 shares. Umb Bank N A Mo holds 0.18% or 104,002 shares in its portfolio. Sandy Spring National Bank & Trust invested in 0% or 217 shares. Stewart & Patten Limited Liability Corporation accumulated 3,130 shares. The company's stock had a trading volume of 1,392,999 shares. New Mexico Educational Retirement Board has invested 0.04% in Highwoods Properties Inc (NYSE:HIW). Everence Capital Mngmt has invested 0.18% in TJX Companies Inc (NYSE:TJX). Voya Investment Limited Com, Georgia-based fund reported 574,018 shares. Somerville Kurt F has 2,500 shares for 0.04% of their portfolio. Brown Advisory stated it has 0.33% of its portfolio in General Electric Company (NYSE:GE). Hexavest holds 600,659 shares or 0.56% of its portfolio.

Netflix, Inc. (NASDAQ:NFLX) Stock Closed Above Its 50 Day Moving Average
Netflix , Inc is a provider an Internet television network. (NASDAQ:NFLX) on Monday, August 29 with "Sell" rating. The shares were sold on October 6th for a price of $194.90. (NASDAQ:NFLX) to report earnings on October, 16.

Since May 15, 2017, it had 3 insider buys, and 0 insider sales for $3.37 million activity. The shares were sold at an average price of $90.14, for a total transaction of $1,655,691.52. MA now owns 18,370,281 shares of the information technology services provider's stock valued at $1,462,643,000 after acquiring an additional 845,325 shares in the last quarter. Ltd. acquired a new stake in Fidelity National Information Servcs during the first quarter worth about $288,000. The information technology services provider reported $1.02 EPS for the quarter, beating the consensus estimate of $0.97 by $0.05. FIS's profit will be $355.65 million for 22.04 P/E if the $1.07 EPS becomes a reality. In the last earnings report the EPS was $2.00 and is estimated to be $4.28 for the current year with 332,412,000 shares presently outstanding. It has underperformed by 2.12% the S&P500.

Since May 5, 2017, it had 0 buys, and 4 selling transactions for $61.88 million activity. $20.77M worth of Fidelity National Information Servcs Inc (NYSE:FIS) shares were sold by Norcross Gary. Woodall James W. sold 70,667 shares worth $5.87 million.

Investors who are keeping close eye on the stock of Fidelity National Information Services, Inc. The company has a market cap of $28.19 billion, a price-to-earnings ratio of 43.53 and a beta of 0.84. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. It has a 47.5 P/E ratio. The Company focuses on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting and outsourcing solutions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

What Are Analysts Suggestions On Chesapeake Energy Corporation (CHK)
The firm has "Sell" rating by UBS given on Friday, May 6. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. In recent trading day Chesapeake Energy Corporation ( CHK ) stock showed the move of -0.24% with the closing price of $4.19.

Other News

Trending Now

Parkside Investments LLC Purchases Shares of 218255 Calpine Co. (CPN)
The stock of Prospect Capital Corporation (NASDAQ:PSEC) has "Underperform" rating given on Thursday, February 11 by Raymond James. The average twelve-month target price among analysts that have issued a report on the stock in the a year ago is $14.96.

Trump Makes Puzzling Claim That Stock Market Gains Have Reduced The Debt
The national debt, which he correctly states is $20 trillion, is the result of the government spending more than it takes in. I'm great with debt. "They are going up, and some are already finished, and I will say they are really looking good".

Heated confrontation between Florida doctor and patient
Gallogly says he went to the waiting room because Stipe demanded to see him, which is when the argument on tape happened. She says she waited for more than an hour there, then decided she was too weak to stay and wanted to go home.

How Have SunTrust Banks, Inc. (STI) EPS Outlook Changed?
The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. With 148,600 avg volume, 18 days are for Chromadex Corporation (NASDAQ:CDXC)'s short sellers to cover CDXC's short positions.

Bharti Airtel to acquire Tata's consumer mobile business
Finding the right home for our longstanding customers and our employees has been the priority for us. Any such transaction will be subject to respective boards and other requisite approvals.

Kyrie Irving Rips Cleveland as a Sports City, Already Loves Boston
Irving would go on to talk about the differences in culture and food and people - obvious facts. The difference between Boston and Cleveland is practically night and day.

The Bottom Line on Fastenal Company (FAST), Philip Morris International Inc. (PM)
Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Fastenal by 58.4% during the 2nd quarter. Beta is also an important valuation ratio for analyzing the stock of the company, FAST's beta remains at 1.05.

As House weighs hurricane aid, Trump lashes out at Puerto Rico- again
He says Puerto Rico already faced hard fiscal and economic problems before being devastated by Hurricane Maria. More than a third of Puerto Ricans are still struggling to live without drinking water.

MannKind Corporation (MNKD) Shares Slip from 52 Week Hights; Here's Why
It focuses on the discovery, development and commercialization of therapeutic products for diseases, such as diabetes and cancer. The author does not have any position in the stock mentioned and in no way is recommending to Buy or Sell MannKind Corporation .

Smith on top in KL
Thomas (No. 4) and Hideki Matsuyama (No. 3) give the CIMB Classic two players from the top 5 in the world ranking for the first time.