GC Wealth Management RIA LLC Invests $262,000 in Fidelity National Information Services, Inc. $FIS

GC Wealth Management RIA LLC bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,220 shares of the information technology services provider’s stock, valued at approximately $262,000.

Several other large investors have also made changes to their positions in FIS. Baupost Group LLC MA acquired a new position in shares of Fidelity National Information Services during the 1st quarter worth approximately $260,853,000. Nuveen LLC acquired a new position in Fidelity National Information Services in the 1st quarter valued at $187,514,000. Invesco Ltd. raised its stake in Fidelity National Information Services by 22.9% in the 1st quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock valued at $694,824,000 after purchasing an additional 1,730,878 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in Fidelity National Information Services by 17.4% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock valued at $497,854,000 after purchasing an additional 986,646 shares during the last quarter. Finally, Hawk Ridge Capital Management LP raised its stake in Fidelity National Information Services by 647.7% in the 1st quarter. Hawk Ridge Capital Management LP now owns 1,062,280 shares of the information technology services provider’s stock valued at $79,331,000 after purchasing an additional 920,200 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on FIS. Susquehanna reduced their price objective on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a research note on Wednesday. UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research note on Tuesday. Robert W. Baird increased their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research note on Wednesday, July 16th. Finally, Truist Financial increased their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.00.

Fidelity National Information Services Stock Up 0.8%

Shares of FIS opened at $66.47 on Thursday. Fidelity National Information Services, Inc. has a 52-week low of $63.00 and a 52-week high of $91.98. The company has a market capitalization of $34.72 billion, a PE ratio of 369.27 and a beta of 1.05. The stock has a fifty day simple moving average of $70.32 and a two-hundred day simple moving average of $75.15. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same period last year, the company earned $1.36 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. 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 forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Fidelity National Information Services Company 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.