Capital International Decreased Banco Bradesco Sa Pn Adr (BBD) Holding By $9.94 Million; Profile of 19 Analysts Covering Fidelity National Information Servcs (FIS)

June 22, 2017 - By Kurt Siggers

Among 20 analysts covering Fidelity National Information Services (NYSE:FIS), 19 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Fidelity National Information Services had 31 analyst reports since August 7, 2015 according to SRatingsIntel. On Friday, April 1 the stock rating was upgraded by Goldman Sachs to “Buy”. The stock of Fidelity National Information Servcs Inc (NYSE:FIS) has “Neutral” rating given on Friday, December 11 by Credit Suisse. The firm earned “Buy” rating on Wednesday, July 27 by Citigroup. The firm has “Outperform” rating by Wells Fargo given on Tuesday, January 12. On Friday, November 18 the stock rating was initiated by Pacific Crest with “Overweight”. Cowen & Co initiated Fidelity National Information Servcs Inc (NYSE:FIS) rating on Wednesday, September 30. Cowen & Co has “Outperform” rating and $80 target. Compass Point initiated the shares of FIS in report on Friday, April 15 with “Buy” rating. The company was downgraded on Tuesday, March 28 by Goldman Sachs. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, August 26. The rating was maintained by Monness Crespi & Hardt on Monday, October 5 with “Buy”. See Fidelity National Information Servcs Inc (NYSE:FIS) latest ratings:

28/04/2017 Broker: Credit Suisse Rating: Buy New Target: $88.00 Maintain
31/03/2017 Broker: Guggenheim Rating: Buy New Target: $90.00 Initiates Coverage On
28/03/2017 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade
08/02/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade
06/01/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $92 Initiate

Capital International Inc decreased Banco Bradesco Sa Pn Adr (BBD) stake by 34.46% reported in 2016Q4 SEC filing. Capital International Inc sold 1.24M shares as Banco Bradesco Sa Pn Adr (BBD)’s stock declined 11.39%. The Capital International Inc holds 2.36 million shares with $20.59 million value, down from 3.61 million last quarter. Banco Bradesco Sa Pn Adr now has $48.60 billion valuation. The stock rose 1.65% or $0.13 reaching $8.03. About 4.66M shares traded. Banco Bradesco SA (ADR) (NYSE:BBD) has risen 43.32% since June 22, 2016 and is uptrending. It has outperformed by 26.62% the S&P500.

Analysts await Banco Bradesco SA (ADR) (NYSE:BBD) to report earnings on July, 27. They expect $0.22 EPS, up 15.79% or $0.03 from last year’s $0.19 per share. BBD’s profit will be $1.33 billion for 9.13 P/E if the $0.22 EPS becomes a reality. After $0.25 actual EPS reported by Banco Bradesco SA (ADR) for the previous quarter, Wall Street now forecasts -12.00% negative EPS growth.

Capital International Inc increased Verizon Communications Inc (NYSE:VZ) stake by 45,550 shares to 57,310 valued at $3.06 million in 2016Q4. It also upped Jpmorgan Chase & Co (NYSE:JPM) stake by 19,360 shares and now owns 44,889 shares. Enbridge Inc (NYSE:ENB) was raised too.

Among 6 analysts covering Banco Bradesco SA (NYSE:BBD), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Banco Bradesco SA had 9 analyst reports since July 29, 2015 according to SRatingsIntel. Scotia Capital upgraded the stock to “Sector Perform” rating in Wednesday, April 12 report. Citigroup downgraded the stock to “Sell” rating in Friday, April 8 report. The stock of Banco Bradesco SA (ADR) (NYSE:BBD) earned “Underperform” rating by Scotia Capital on Tuesday, March 15. The rating was maintained by Goldman Sachs on Wednesday, September 21 with “Neutral”. The firm earned “Buy” rating on Monday, March 14 by Bank of America. Deutsche Bank upgraded the stock to “Buy” rating in Monday, October 12 report. Deutsche Bank downgraded the shares of BBD in report on Tuesday, March 22 to “Hold” rating. The rating was maintained by Goldman Sachs with “Neutral” on Monday, May 2.

About 509,646 shares traded. Fidelity National Information Servcs Inc (NYSE:FIS) has risen 14.58% since June 22, 2016 and is uptrending. It has underperformed by 2.12% the S&P500.

Since February 17, 2017, it had 0 buys, and 10 insider sales for $113.61 million activity. 219,017 Fidelity National Information Servcs Inc (NYSE:FIS) shares with value of $17.53M were sold by MARTIRE FRANK R. The insider Norcross Gary sold $20.77M. $263,080 worth of stock was sold by THOMPSON KATHLEEN T on Tuesday, March 14. Woodall James W. also sold $5.87 million worth of Fidelity National Information Servcs Inc (NYSE:FIS) on Wednesday, May 10. Another trade for 266,712 shares valued at $22.08M was made by Oates Michael P on Friday, May 5. Stallings James B JR sold $44,863 worth of stock. Massey Richard N also sold $1.25 million worth of Fidelity National Information Servcs Inc (NYSE:FIS) shares.

Investors sentiment decreased to 1.14 in Q4 2016. Its down 0.18, from 1.32 in 2016Q3. It fall, as 38 investors sold Fidelity National Information Servcs Inc shares while 190 reduced holdings. 63 funds opened positions while 198 raised stakes. 280.40 million shares or 0.99% more from 277.66 million shares in 2016Q3 were reported. Banque Pictet And Cie Sa holds 0.14% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS) for 71,730 shares. Robeco Institutional Asset Management Bv holds 0.06% or 102,136 shares. Horrell Cap Mgmt invested 2% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS). Community Commercial Bank Na invested in 49 shares. Jpmorgan Chase owns 13.42 million shares. Old National Natl Bank In owns 7,491 shares. Miles Cap invested in 2,700 shares or 0.12% of the stock. Qs Ltd Company has invested 0% in Fidelity National Information Servcs Inc (NYSE:FIS). Tealwood Asset Mngmt has invested 0.9% in Fidelity National Information Servcs Inc (NYSE:FIS). The Washington-based Perkins Coie Trust has invested 0.03% in Fidelity National Information Servcs Inc (NYSE:FIS). Airain Limited reported 0.43% stake. Bancorporation Of Mellon holds 0.06% or 2.84 million shares in its portfolio. Edge Asset Management invested 0.49% of its portfolio in Fidelity National Information Servcs Inc (NYSE:FIS). Northern Management Limited owns 6,931 shares. Susquehanna Intl Grp Ltd Liability Partnership holds 0.01% in Fidelity National Information Servcs Inc (NYSE:FIS) or 268,449 shares.

Fidelity National Information Services, Inc. is a financial services technology company. The company has market cap of $28.05 billion. The Firm operates through three divisions: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. It has a 43.29 P/E ratio. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.