Compound Planning Inc. decreased its holdings in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 21.6% in the first quarter, Holdings Channel reports. The fund owned 3,775 shares of the information technology services provider’s stock after selling 1,040 shares during the quarter. Compound Planning Inc.’s holdings in Fidelity National Information Services were worth $282,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Sierra Ocean LLC lifted its holdings in shares of Fidelity National Information Services by 356.0% in the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 267 shares during the last quarter. YANKCOM Partnership lifted its stake in Fidelity National Information Services by 118.8% in the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 190 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in Fidelity National Information Services by 92.1% in the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 164 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its stake in Fidelity National Information Services by 179.9% in the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 250 shares during the last quarter. Finally, Kennebec Savings Bank lifted its stake in Fidelity National Information Services by 71.3% in the first quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 186 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Robert W. Baird raised their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. Stephens raised their price objective on shares of Fidelity National Information Services from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 7th. UBS Group decreased their price objective on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Royal Bank Of Canada reduced their target price on shares of Fidelity National Information Services from $95.00 to $93.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 7th. Finally, Truist Financial raised their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $91.63.
Fidelity National Information Services Stock Performance
Shares of NYSE:FIS opened at $69.85 on Thursday. The firm has a market cap of $36.49 billion, a PE ratio of 388.09 and a beta of 1.04. The firm’s 50 day simple moving average is $77.20 and its 200-day simple moving average is $75.80. Fidelity National Information Services, Inc. has a one year low of $66.51 and a one year high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting analysts’ consensus estimates of $1.36. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $1.36 earnings per share. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, equities analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.
Fidelity National Information Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 888.89%.
Fidelity National Information Services Profile
Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.
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