Edison International (EIX) At $60.45 Forms Bottom; Fidelity National Information Services (FIS) Has 0.83 Sentiment

Edison International (NYSE:EIX) Logo

Fidelity National Information Services Inc (FIS) investors sentiment decreased to 0.83 in Q1 2018. It’s down -0.28, from 1.11 in 2017Q4. The ratio worsened, as 222 funds increased and opened new stock positions, while 268 decreased and sold equity positions in Fidelity National Information Services Inc. The funds in our database now possess: 277.95 million shares, down from 281.01 million shares in 2017Q4. Also, the number of funds holding Fidelity National Information Services Inc in top ten stock positions decreased from 13 to 9 for a decrease of 4. Sold All: 37 Reduced: 231 Increased: 156 New Position: 66.

Edison International (EIX) formed multiple bottom with $57.43 target or 5.00% below today’s $60.45 share price. Edison International (EIX) has $19.70 billion valuation. The stock decreased 0.20% or $0.12 during the last trading session, reaching $60.45. About 999,870 shares traded. Edison International (NYSE:EIX) has declined 21.23% since June 21, 2017 and is downtrending. It has underperformed by 33.80% the S&P500. Some Historical EIX News: ; 22/03/2018 – Edison issues outlook on Immunovia (IMMUNOV); 10/04/2018 – EDISON SEES 80 PERCENT OF RESOURCES CARBON FREE IN CALIFORNIA; 09/04/2018 – Edison Opto Corp. Mar Rev NT$217.8M Vs NT$303.9M; 03/05/2018 – CON EDISON SEES FY ADJ EPS $4.15 TO $4.35, EST. $4.26; 13/04/2018 – Sleep Number Named a 2018 Silver Edison Awards Winner for Innovation; 21/05/2018 – YouGov at Non-Deal Roadshow Hosted By Edison Today; 19/04/2018 – WA State Auditor: Burlington-Edison School District No 100 Financial and Federal 4/19/2018 – 4/19/2018; 23/04/2018 – Edison, PG&E Seek Mercy From Courts Over Doomsday Fire Payouts; 08/03/2018 – FITCH RTS EDISON INTL SR UNSEC BDS ‘A-‘; PLACED ON RWN; 25/04/2018 – PG&E, Edison Gain a Shield From Some Wildfire Liability in Bill

The stock decreased 0.36% or $0.39 during the last trading session, reaching $107. About 966,524 shares traded. Fidelity National Information Services, Inc. (FIS) has risen 21.20% since June 21, 2017 and is uptrending. It has outperformed by 8.63% the S&P500. Some Historical FIS News: ; 10/04/2018 – FIS Named “Best of Challenge” in 2018 PYMNTS.com Voice Challenge with Amazon Alexa; 03/05/2018 – Ten Startup Companies Selected for 2018 VC FinTech Accelerator Program Sponsored by FIS; 01/05/2018 – Fidelity National Raises 2018 View To EPS $3.04-EPS $3.39; 09/04/2018 – Fidelity National: Martire to Pursue Other Interests; 01/05/2018 – Fidelity National 1Q Rev $2.1B; 14/05/2018 – Moody’s assigns Baa2 rating to FIS’ senior unsecured note issuance; 15/05/2018 – Minor League Baseball and FIS Extend Strategic Relationship, Enhance Fan Experience Through Advanced Payments Solutions and Emerging Technology; 21/04/2018 – DJ Fidelity National Information Servi, Inst Holders, 1Q 2018 (FIS); 01/05/2018 – Fidelity National Volume Surges More Than 10 Times Average; 11/04/2018 – FIS Recognizes Ten Clients for Innovation in 2018 Impact Awards

More recent Fidelity National Information Services, Inc. (NYSE:FIS) news were published by: Businesswire.com which released: “Alexander Navab and Brian T. Shea Join FIS Board of Directors” on June 14, 2018. Also Streetinsider.com published the news titled: “Fidelity National Information Services (FIS) Appoints Alexander Navab and Brian T. Shea to Board” on June 14, 2018. Bizjournals.com‘s news article titled: “As it seeks city incentives and readies for an IPO, take a closer look at Jacksonville-based SharedLabs” with publication date: June 15, 2018 was also an interesting one.

Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and institutional banking, payments, asset and wealth management, and risk and compliance in the United States. The company has market cap of $35.42 billion. The firm operates through Integrated Financial Solutions and Global Financial Solutions divisions. It has a 26.24 P/E ratio. It also provides financial consulting and outsourcing services.

Since January 1, 0001, it had 0 insider purchases, and 7 insider sales for $87.27 million activity.

Fidelity National Financial Inc. holds 18.58% of its portfolio in Fidelity National Information Services, Inc. for 1.30 million shares. Investors Asset Management Of Georgia Inc Ga Adv owns 103,731 shares or 7.39% of their US portfolio. Moreover, Meritage Group Lp has 5.69% invested in the company for 3.39 million shares. The Guernsey-based Longview Partners (Guernsey) Ltd has invested 5.16% in the stock. Cantillon Capital Management Llc, a New York-based fund reported 4.67 million shares.

Ratings analysis reveals 77% of Fidelity Nat’l Info’s analysts are positive. Out of 13 Wall Street analysts rating Fidelity Nat’l Info, 10 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $76.0 while the high is $96.0. The stock’s average target of $84.40 is -21.12% below today’s ($107) share price. FIS was included in 14 notes of analysts from August 13, 2015. Credit Suisse upgraded the shares of FIS in report on Wednesday, February 8 to “Outperform” rating. On Monday, January 11 the stock rating was reinitiated by Citigroup with “Buy”. As per Tuesday, January 12, the company rating was upgraded by Wells Fargo. The firm earned “Overweight” rating on Monday, September 26 by Barclays Capital. The stock of Fidelity National Information Services, Inc. (NYSE:FIS) earned “Overweight” rating by JP Morgan on Wednesday, December 2. RBC Capital Markets maintained it with “Sector Perform” rating and $78.0 target in Thursday, August 20 report. Wedbush initiated Fidelity National Information Services, Inc. (NYSE:FIS) on Friday, September 9 with “Outperform” rating. As per Friday, November 18, the company rating was initiated by Pacific Crest. Oppenheimer maintained the stock with “Outperform” rating in Thursday, August 13 report. Monness Crespi & Hardt maintained it with “Buy” rating and $76.0 target in Monday, October 5 report.

Analysts await Fidelity National Information Services, Inc. (NYSE:FIS) to report earnings on August, 1. They expect $1.20 EPS, up 17.65% or $0.18 from last year’s $1.02 per share. FIS’s profit will be $397.22 million for 22.29 P/E if the $1.20 EPS becomes a reality. After $1.09 actual EPS reported by Fidelity National Information Services, Inc. for the previous quarter, Wall Street now forecasts 10.09% EPS growth.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.32, from 1.25 in 2017Q4. It dived, as 63 investors sold Edison International shares while 183 reduced holdings. 69 funds opened positions while 161 raised stakes. 260.97 million shares or 1.08% more from 258.17 million shares in 2017Q4 were reported. Destination Wealth Mngmt has invested 0% of its portfolio in Edison International (NYSE:EIX). State Of Tennessee Treasury Department holds 0.07% or 210,137 shares. Everence Capital Management stated it has 8,487 shares or 0.12% of all its holdings. Voya Invest Mgmt Limited Co, Georgia-based fund reported 164,320 shares. 242 were reported by Ckw Finance. Gemmer Asset Mgmt Limited Liability Company reported 250 shares stake. Optimum Invest stated it has 0.01% in Edison International (NYSE:EIX). Kentucky Retirement accumulated 17,003 shares. Duff & Phelps Investment Mngmt accumulated 1.00M shares or 0.99% of the stock. Palladium Prns Llc holds 0.42% of its portfolio in Edison International (NYSE:EIX) for 89,725 shares. Tompkins Fincl stated it has 0.02% of its portfolio in Edison International (NYSE:EIX). Daiwa Securities Group Inc Inc, a Japan-based fund reported 164,602 shares. British Columbia Invest Mngmt Corp has invested 0.09% in Edison International (NYSE:EIX). Nelson Van Denburg & Campbell Wealth Mgmt Limited holds 0% or 12 shares. Calamos Advsrs Ltd Limited Liability Company, a Illinois-based fund reported 54,877 shares.

Analysts await Edison International (NYSE:EIX) to report earnings on July, 26. They expect $0.91 EPS, up 7.06% or $0.06 from last year’s $0.85 per share. EIX’s profit will be $296.48 million for 16.61 P/E if the $0.91 EPS becomes a reality. After $0.80 actual EPS reported by Edison International for the previous quarter, Wall Street now forecasts 13.75% EPS growth.

Among 21 analysts covering Edison (NYSE:EIX), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Edison has $92 highest and $59.0 lowest target. $72.43’s average target is 19.82% above currents $60.45 stock price. Edison had 75 analyst reports since August 3, 2015 according to SRatingsIntel. The company was downgraded on Monday, April 18 by Deutsche Bank. The firm earned “Hold” rating on Friday, October 16 by Jefferies. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, December 13 report. The stock of Edison International (NYSE:EIX) earned “Buy” rating by Suntrust Robinson on Monday, October 19. The stock has “Hold” rating by Mizuho on Thursday, April 5. Mizuho maintained Edison International (NYSE:EIX) on Friday, October 6 with “Buy” rating. The stock of Edison International (NYSE:EIX) earned “Neutral” rating by Citigroup on Tuesday, October 17. As per Monday, October 19, the company rating was maintained by SunTrust. The firm has “Sell” rating given on Wednesday, December 27 by Edward Jones. SunTrust maintained it with “Buy” rating and $85.0 target in Tuesday, December 5 report.

Edison International (NYSE:EIX) Institutional Positions Chart