Blue Trust Inc. grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 105.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,271 shares of the information technology services provider’s stock after buying an additional 5,797 shares during the quarter. Blue Trust Inc.’s holdings in Fidelity National Information Services were worth $918,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in FIS. Baupost Group LLC MA acquired a new stake in shares of Fidelity National Information Services during the 1st quarter valued at about $260,853,000. Nuveen LLC acquired a new stake in shares of Fidelity National Information Services during the 1st quarter valued at about $187,514,000. Invesco Ltd. raised its stake in shares of 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 acquiring an additional 1,730,878 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of 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 acquiring an additional 986,646 shares in the last quarter. Finally, Hawk Ridge Capital Management LP raised its stake in shares of 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 acquiring an additional 920,200 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
FIS has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday. Truist Financial raised 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. Keefe, Bruyette & Woods cut their price objective on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Robert W. Baird raised 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, UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research note on Tuesday, September 30th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average target price of $91.00.
Fidelity National Information Services Stock Performance
Shares of NYSE FIS opened at $66.86 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average is $68.48 and its two-hundred day moving average is $74.85. The company has a market cap of $34.93 billion, a P/E ratio of 371.47 and a beta of 1.05. Fidelity National Information Services, Inc. has a 12 month low of $63.00 and a 12 month high of $91.98.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same quarter last year, the firm earned $1.36 EPS. Fidelity National Information Services’s revenue for the quarter was up 5.1% compared to the same quarter last year. 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. On average, equities analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.
Fidelity National Information Services Dividend Announcement
The company also recently disclosed 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. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 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.
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