Large Outflow of Money Witnessed in Fidelity National Financial, Inc

In the liquidity ratio analysis; quick ratio for most recent quarter was 1.40 while current ratio for time period was 1.40.

A number of hedge funds have recently added to or reduced their stakes in FIS. OZ Management LP increased its position in shares of Fidelity National Information Services by 25.3% in the third quarter. Commerce Bank boosted its stake in Fidelity National Information Servcs by 2.2% in the second quarter. 3 Months Ago, the stock has been recommended as Buy from 17 and 0 suggested Sell for the stock. BlackRock Fund Advisors now owns 6,502,392 shares of the company's stock worth $500,879,000 after buying an additional 553,824 shares in the last quarter. Fidelity National Information Services, Inc.

Albemarle Corporation (NYSE:ALB), stock is trading $95.89 above the 52-week high and has displayed a high EPS growth of -2.60% in last 5 years. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Institutional investors and hedge funds own 87.30% of the company's stock. The legal version of this story can be accessed at https://www.com-unik.info/2017/02/22/roystone-capital-management-lp-sells-65000-shares-of-fidelity-national-information-servcs-inc-fis.html. (FNF) traded 0.19 points or 0.5% higher at $37.83.The total intraday money flow for the shares came in at a disappointing $(-7.05) million. The stock was trading on below-average volume. Fidelity National Information Servcs Inc has a one year low of $57.80 and a one year high of $82.05. The company has a market cap of $26,931 million. Latest closing price was 5.08% above its 50-day moving average and 7.56% above its 200-day moving average. The company reported $1.14 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.14. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.41 billion. Fidelity National Information Servcs's revenue was up 30.4% compared to the same quarter previous year.

EPS growth for this year is -22.30% and EPS growth for next year is expected to reach at 13.17%. Equities research analysts predict that Fidelity National Information Services, Inc. will post $3.83 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. This is a positive change from Fidelity National Information Services's previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, March 15th. This represents a $1.16 annualized dividend and a dividend yield of 1.47%. Fidelity National Information Servcs's payout ratio is presently 60.12%.

FIS has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Fidelity National Information Servcs from a "sell" rating to a "hold" rating and set a $84.00 price target for the company in a research note on Wednesday, November 2nd. Cantor Fitzgerald initiated coverage on Fidelity National Information Services in a research report on Friday, October 7th. The stock presently has an average rating of "Buy" and a consensus price target of $86.95. They set an "overweight" rating and a $91.00 price target on the stock. Finally, BMO Capital Markets initiated coverage on Fidelity National Information Services in a research report on Thursday, January 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of "Buy" and a consensus price target of $86.95. The stock's market capitalization is 10.29B, it has a 52-week low of 30.62 and a 52-week high of 38.50.

In other news, Director Richard N. Massey sold 26,000 shares of the firm's stock in a transaction on Friday, December 16th. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The stock was sold at an average price of $77.21, for a total value of $2,007,460.00.