Fidelity National Information Services Inc $ 123.99 3.85 (3.2%)
FIS News and Headlines - Fidelity National Information Services
In order to increase the likelihood of discovering value stocks, investors select those companies with a market capitalization exceeding $2 billion but whose price-book ratio is less than 1.5.
Thus, value investors should take a look at the following stocks as they have the above-mentioned criteria.
Fidelity National Information Services
The first company that has the above-listed criteria is Fidelity National Information Services Inc. (FIS). Shares of the Jacksonville, Florida-based financial services technology company closed around $102.82 on March 20 for a market capitalization of around $63.4 billion.
The price-book ratio of 1.28 is below the industry median of 2.25,
According to GuruFocus’ top 10 holdings data, a Premium feature, billionaire investor Steven Cohen (Trades, Portfolio)’s five largest positions as of the end of fourth-quarter 2019 were Amazon.com Inc. (AMZN), PayPal Holdings Inc. (PYPL), Fidelity National Information Services Inc. (FIS), Alibaba Group Holding Ltd. (BABA) and NXP Semiconductors NV (NXPI).
With the goal of generating superior risk-adjusted returns, the guru’s Stamford, Connecticut-based firm, Point72 Asset Management, executes a long-short strategy that involves fundamental, bottom-up research processes, macro investments and insights.
Cohen’s largest holding is 198,338 shares of Amazon, which account for 1.93% of the equity
Missouri-based Jack Henry & Associates (JKHY) provides technology solutions and payment processing services, mainly for the financial services industry in the U.S. The company generates highly-recurring sales from two sources: 1) services and support (62% of fiscal 2019 revenue), which covers outsourcing, cloud subscriptions, licenses, implementation services, maintenance and consulting, and 2) processing (38% of fiscal 2019 revenue), which includes remittance, card and digital transactions.
Jack Henry & Associates is another example showing that smaller size can offer consistently decent returns in the investment world. The business mainly targets small- and mid-sized banks (e.g., community and regional banks) and credit
David Carlson (Trades, Portfolio)'s Elfun Trusts recently reported its portfolio update for the fourth quarter of 2019. During the quarter, the mutual fund established new positions in Honeywell International Inc. (HON) and Sempra Energy (SRE) and sold out of its holding in Charles Schwab Corp. (SCHW). Major additions to existing positions included Fidelity National Information Services Inc. (FIS), Facebook Inc. (FB) and Amazon.com Inc. (AMZN), while major reductions included Allergan PLC (AGN), Charter Communications Inc. (CHTR) and United Rentals Inc. (URI).
Elfun Trusts is a
Daniel Loeb (Trades, Portfolio), founder of Third Point Capital Management, disclosed last week that his top five new buys during the third quarter were Allergan PLC (AGN), Fidelity National Information Services Inc. (FIS), Five Below Inc. (FIVE), HD Supply Holdings Inc. (HDS) and Zendesk Inc. (ZEN).
Managing a portfolio of 40 stocks, Loeb follows an event-driven, value-oriented investment style. Loeb said in his quarterly shareholder letter that Third Point has followed this strategy since its founding in 1995.
Loeb said activism can allow Third Point to “create [the firm’s] own catalyst”
Earlier this week, Ron Baron (Trades, Portfolio)’s Baron Funds disclosed its portfolio update for the third quarter of 2019. The fund’s largest new buys of the quarter were Fidelity National Information Services Inc. (FIS), Azul SA (AZUL) and Advanced Drainage Systems Inc. (WMS), and its largest sellouts were Oaktree Capital Group LLC (OAK) and YPF SA (YPF). It also reduced its position in Align Technology Inc. (ALGN) and increased its stake in Taiwan Semiconductor Manufacturing Co. Ltd. (TSM).
Baron Funds is a long-term asset management firm that places heavy emphasis on researching its investments, with the view
Earlier this week, Diamond Hill Capital (Trades, Portfolio) disclosed its portfolio updates for the third quarter of 2019. Major new positions include Fidelity National Information Services Inc. (FIS), Charles Schwab Corp. (SCHW) and Archer-Daniels Midland Co. (ADM). The fund’s biggest sells include Worldpay Inc. (WP), PNC Financial Services Group Inc (PNC), T-Mobile US Inc (TMUS) and VF Corp. (VF).
Founded in 2000 and headquartered in Columbus, Ohio, Diamond Hill Capital (Trades, Portfolio) identifies itself as an independent investment management firm that seeks to align employee interests with investor interests by investing in the same
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
Enbridge Inc. (ENB) reached the 52-week high of $37.53
Enbridge is an energy generation, distribution and transportation company in the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Additionally, Enbridge generates renewable and alternative energy with 2,000 megawatts of capacity.
The price of Enbridge Inc. shares has reached $37.53,
According to GuruFocus' list of 52-week highs, these Guru stocks have reached their 52-week highs.
Fidelity National Information Services Inc. (FIS) reached the 52-week high of $113.10
Fidelity National Information Services Inc. offers a range of solutions in retail and institutional banking, payments, asset and wealth management, risk and compliance, treasury and insurance and provides consulting and outsourcing services. Fidelity National Information Services provides core and payment processing services to banks. In addition, it provides processing software for capital markets providers, asset managers, and custodians. The company serves more than 20,000 institutions in over 130
The largest insider buys over the past week were Fidelity National Information Services Inc. (FIS), Elanco Animal Health Inc. (ELAN), Alkermes PLC (ALKS) and MDU Resources Group Inc. (MDU).
Fidelity National director bought 5,075 shares
Director Alexandar Navab Jr. bought 5,075 shares of Fidelity National on March 21 for an average price of $107.22 per share. The share price has increased 2.98% since then.
A component of the S&P 500, Fidelity National is an international financial services and technology company that focuses on providing payment processing and banking software and services. The company has a market capitalization of $35.68 billion;
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.
Anadarko Petroleum Corp. (APC) reached the 52-week high of $70.57
Anadarko Petroleum Corp. is engaged in the exploration and production of oil and natural gas. Its asset base includes conventional and unconventional properties in the U.S. and deep-water oil and gas projects in the Gulf of Mexico and Africa. Anadarko Petroleum, based in The Woodlands, Texas, is one of the largest independent exploration and production companies in North America. At the end of 2017, proven reserves totaled 1.44 billion boe,
In the first quarter, Gotham Asset Management posted a 39% quarter-over-quarter turnover. Out of a total of 929 stocks, a total of 240 were new buys.
High turnover is typical for the hedge fund manager, who assesses stocks based on what he calls the “Magic Formula.” He looks for companies that have solid returns on equity and utilize their capital in an efficient manner. (Greenblatt typically sells out after a year.)
But the recent turnover in Gotham's holdings represents its
According to GuruFocus Insider Data, the recent chief financial officer sells were Fidelity National Information Services Inc. (FIS) and Arista Networks Inc. (ANET).
Fidelity National Information CFO sold 174,389 Shares
Executive Vice President and CFO James W. Woodall sold 87,194 shares for $100.47 per share on March 14. Since then, the stock price has declined 0.72%.
Fidelity National has a market cap of $33.04 billion and its shares were traded around $99.75. The company has a price-earnings ratio of 25.38 and a price-sales ratio of 3.67. The trailing 12-month dividend yield is 1.17%, while the forward dividend yield is 1.27%.
The fund, which is managed by a nine-person team, seeks long-term capital appreciation by investing in high-quality companies around the world that have resilient business franchises and growth potential.
The Global Franchise Fund established holdings in Fidelity National Information Services Inc. (FIS) and FactSet Research Systems Inc. (FDS) during the quarter. It closed its position in Time Warner Inc. (TWX).
Fidelity National Information Services
The fund invested in 213,080 shares of
According to GuruFocus' list, these stocks have reached their 52-week highs.
International Flavors & Fragrances reached the 52-week high of $150.36
International Flavors & Fragrances Inc. (IFF) is engaged in manufacturing and supplying of flavors and fragrances for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. International Flavors & Fragrances produces flavors and fragrances for food, beverage, household goods and personal care. International Flavors & Fragrances specializes in proprietary formulations, partnering with customers to deliver custom solutions. The company derives roughly
Jack Henry & Associates Inc. (JKHY) makes the cut. It has a strong, moat-like position in its sector, with much of its business secured by five-year or longer contracts. It is virtually embedded in most of the credit unions and small and mid-tier banks it serves, which gives it extra security.
This three-month price chart shows it has recently pulled back:
Jack Henry & Associates (JKHY) is a provider of core information processing solutions for community banks and credit unions. It services 1,100 banks from de novo banks to midtier banks with assets up to $30 billion, 800 credit unions and over 10,000 nonbanking financial institutions. It has a leadership position in what it does; 80% of the revenue is recurring.
Its 10-K reads: Jack Henry & Associates' progress and performance have been guided by the focused work ethic and fundamental ideals fostered by the company’s founders 40 years ago:
- Do the right thing.
- Do whatever
According to GuruFocus' list of 52-week highs, these guru stocks have reached their 52-week highs.
Laboratory Corp. of America Holdings reaches 52-week high of $126.61
Through its national network of laboratories, Laboratory Corp. of America Holdings (LH) offers a broad range of clinical laboratory tests that are used by the medical profession in routine testing, patient diagnosis and in the monitoring and treatment of disease. In addition, the company has developed testing operations, such as oncology testing, HIV genotyping and phenotyping, diagnostic genetics and clinical trials.
Laboratory tests and procedures are used generally by hospitals, physicians and
Westwood Holdings Group Inc. (WHG) is a company with nice fundamentals and a strong, growing yield. The company manages investment assets and provides services for its clients through its subsidiaries. The company operates two segments: Advisory and Trust. These segments are managed separately based on the types of products and services offered and their related client bases.
The company is paying its shareholders a yield of 3.52% a year, with a payout ratio of 55%. The yield has been as high as 4.29% and as low as 0.14% since 2002.
975 Views Tiziano Frateschi 2015-10-06 21:07
Weekly CFO Sells Highlight: HD Supply Holdings Inc, Fidelity National Information Services Inc, and Goldman Sachs Group Inc.
According to GuruFocus Insider Data, the recent CFO sales were: HD Supply Holdings Inc. (HDS), Fidelity National Information Services Inc. (FIS), and Goldman Sachs Group Inc. (GS).
HD Supply Holdings Inc. (HDS): Senior Vice President and CFO Evan Levitt sold 3,713 shares
On 04/02/2015, Senior Vice President and CFO Evan Levitt sold 3,713 shares at an average price of $31.75. The price of the stock has increased by 11.37%. HD Supply Holdings Inc. has a market cap of $7.01 billion and its shares were traded at around $35.36. The company has a P/E ratio of 28.02 and P/S ratio of
5293 Views Myra Ramdenbourg 2015-06-29 15:26