Fidelity National Information Services (NYSE:FIS).
Raymond James & Associates reports that it sold 9,404 shares in quarter ending 09/30/2017 decreasing its exposure to Fidelity National Information Services by 3.6%. Its stake was worth $23,627,000 an increase of 5.4% as of quarter end.
Here are some institutional investors who have increased or decreased their stake in (FIS). Commonwealth Of Pennsylvania Public School Empls Retrmt SYS bolstered its holdings by buying 2,474 shares an increase of 10.1% in the quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS controls 27,034 shares with a value of $2,525,000. The total value of its holdings increased 20.4%. Baird Financial Group, Inc. divested its position by selling 4,185 shares a decrease of 3.9% as of 09/30/2017. Baird Financial Group, Inc. now controls 103,442 shares worth $9,660,000. The value of the position overall is up by 5.1%.
As of quarter end Tredje Ap-fonden had acquired a total of 3,268 shares growing its position 3.0%. The value in dollars increased from $9,310,000 to $10,452,000 a change of $1,142,000 quarter over quarter.
Equity analyst J P Morgan Chase & Co lowered the price target on November 1 cutting the projection from $106.00 to $103.00 and stated a “Overweight” rating. On November 1, 2017 KeyCorp reiterated a “Buy” rating on the company.
Oppenheimer Holdings raised the price target of the stock on November 1 changing the price objective from $96.00 to $100.00 and issued a “Overweight” recommendation. On November 1 Credit Suisse Group kept the stock rating at “Outperform” projecting a price of $108.00.
Barclays PLC raised the price target on October 26 changing the forecast from $102.00 to $110.00 and issued a “Overweight” rating. October 10 investment analysts at Robert W. Baird made no change to the stock rating of “Outperform” with a current price target of $108.00.
The company is down by 0.20% percent from yesterday’s close. The P/E ratio is 57.83 and market cap is 31.14B. As of the latest earnings report the EPS was $1.61 with 333.87M shares outstanding.
Traders are a little more bullish on Fidelity National Information Services of late as indicated by the motion in short interest. The firm realized a fall in short interest of -15.40% between October 13, 2017 and October 31, 2017. Short interest decreased 702,142 over that period. Days to cover decreased from 5.0 to 3.0 and the percentage of shorted shares was 0.01% on October 31.