Stratos Wealth Partners LTD. Makes New $373,000 Investment in Fidelity National Information Services, Inc. $FIS

Stratos Wealth Partners LTD. purchased a new position in Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,576 shares of the information technology services provider’s stock, valued at approximately $373,000.

Several other institutional investors have also added to or reduced their stakes in FIS. Brighton Jones LLC acquired a new stake in Fidelity National Information Services in the fourth quarter worth about $347,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Fidelity National Information Services by 4.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 21,031 shares of the information technology services provider’s stock worth $1,571,000 after acquiring an additional 869 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Fidelity National Information Services in the first quarter worth about $276,000. Achmea Investment Management B.V. boosted its holdings in Fidelity National Information Services by 42.5% in the first quarter. Achmea Investment Management B.V. now owns 50,932 shares of the information technology services provider’s stock worth $3,803,000 after acquiring an additional 15,194 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Fidelity National Information Services by 88.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 167,066 shares of the information technology services provider’s stock worth $12,476,000 after acquiring an additional 78,422 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 0.5%

Shares of FIS stock opened at $67.85 on Friday. The stock has a 50 day moving average of $67.56 and a 200 day moving average of $74.46. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The stock has a market cap of $35.44 billion, a P/E ratio of 376.97 and a beta of 1.05. Fidelity National Information Services, Inc. has a twelve month low of $63.00 and a twelve month high of $91.98.

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

Fidelity National Information Services Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently commented on FIS. Susquehanna decreased their target price on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, September 30th. Truist Financial decreased their target price on Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating for the company in a report on Friday. Finally, KeyCorp reaffirmed a “hold” rating on shares of Fidelity National Information Services in a report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.94.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein purchased 889 shares of Fidelity National Information Services stock in a transaction that occurred on Wednesday, October 15th. The stock was bought at an average cost of $67.66 per share, for a total transaction of $60,149.74. Following the completion of the transaction, the director owned 13,588 shares in the company, valued at $919,364.08. The trade was a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.21% of the company’s stock.

About Fidelity National Information Services

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.