Assetmark Inc. significantly increased its stake in Fidelity National Information Services (NYSE:FIS) by 45.1% in the third quarter, now owning 265,518 shares worth $17.5 million. Other institutional investors also adjusted their positions in FIS, which recently announced an increase in its quarterly dividend to $0.44 per share. Analysts have a mixed view on FIS, with an average “Hold” rating and a price target of $78.33.
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Fidelity National Information Services, Inc. $FIS Shares Acquired by Assetmark Inc.
Assetmark Inc. significantly increased its stake in Fidelity National Information Services (NYSE:FIS) by 45.1% in the third quarter, now owning 265,518 shares worth $17.5 million. Other institutional investors also adjusted their positions in FIS, which recently announced an increase in its quarterly dividend to $0.44 per share. Analysts have a mixed view on FIS, with an average “Hold” rating and a price target of $78.33.