Fidelity National Information Services (FIS) : Norman Fields Gottscho Capital Management scooped up 1,990 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 Oct 4, 2016. The investment management firm now holds a total of 4,877 shares of Fidelity National Information Services which is valued at $374,895.Fidelity National Information Services makes up approximately 0.25% of Norman Fields Gottscho Capital Management’s portfolio.
Other Hedge Funds, Including ,
Fidelity National Information Services closed down -0.45 points or -0.59% at $76.46 with 11,14,821 shares getting traded on Tuesday. Post opening the session at $76.91, the shares hit an intraday low of $75.93 and an intraday high of $77.17 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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 Barclays on Sep 26, 2016 to “Overweight”, Firm has raised the Price Target to $ 96 from a previous price target of $88 .Wedbush Initiated Fidelity National Information Services on Sep 9, 2016 to “Outperform”, Price Target of the shares are set at $92.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 .
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.