Brookstone Capital Management Decreases Stake in Fidelity National Information Services, Inc. $FIS

Brookstone Capital Management lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 3.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 56,702 shares of the information technology services provider’s stock after selling 2,117 shares during the quarter. Brookstone Capital Management’s holdings in Fidelity National Information Services were worth $4,616,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FIS. Brighton Jones LLC acquired a new position in Fidelity National Information Services during the 4th quarter worth approximately $347,000. Cambridge Investment Research Advisors Inc. lifted its position in Fidelity National Information Services by 4.3% during the 1st 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 position in Fidelity National Information Services during the 1st quarter worth approximately $276,000. Asset Management One Co. Ltd. lifted its position in Fidelity National Information Services by 3.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 243,016 shares of the information technology services provider’s stock worth $18,148,000 after acquiring an additional 8,877 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its position in Fidelity National Information Services by 34.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 685 shares of the information technology services provider’s stock worth $51,000 after acquiring an additional 175 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein purchased 889 shares of the stock in a transaction dated Wednesday, October 15th. The stock was acquired at an average cost of $67.66 per share, for a total transaction of $60,149.74. Following the acquisition, the director owned 13,588 shares of the company’s stock, valued at $919,364.08. The trade was a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $67.56 on Friday. 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 quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The firm has a market cap of $35.29 billion, a price-to-earnings ratio of 375.35 and a beta of 1.05. The business’s 50 day moving average is $67.62 and its two-hundred day moving average is $74.46.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting 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 in the previous year, the business earned $1.36 EPS. The business’s quarterly revenue 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. Analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

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

Analyst Upgrades and Downgrades

FIS has been the topic of several recent research reports. Jefferies Financial Group reduced their price target on Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Tuesday, October 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Wednesday, October 8th. Wells Fargo & Company initiated coverage on Fidelity National Information Services in a research report on Wednesday. They issued an “overweight” rating and a $81.00 target price on the stock. Robert W. Baird upped their target price on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Finally, Truist Financial upped their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, July 17th. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and a consensus price target of $88.67.

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.