Voya Investment Management LLC Has $7.48 Million Stake in Fidelity National Information Services, Inc. $FIS

Voya Investment Management LLC lowered its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 23.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,503 shares of the information technology services provider’s stock after selling 34,493 shares during the quarter. Voya Investment Management LLC’s holdings in Fidelity National Information Services were worth $7,484,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FIS. Voya Financial Advisors Inc. boosted its position in Fidelity National Information Services by 69.7% in the third quarter. Voya Financial Advisors Inc. now owns 14,573 shares of the information technology services provider’s stock valued at $959,000 after buying an additional 5,983 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Fidelity National Information Services by 6.1% during the third quarter. Dynamic Advisor Solutions LLC now owns 5,611 shares of the information technology services provider’s stock worth $370,000 after buying an additional 323 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Fidelity National Information Services by 3.8% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 7,137 shares of the information technology services provider’s stock valued at $471,000 after acquiring an additional 263 shares during the last quarter. Czech National Bank boosted its holdings in shares of Fidelity National Information Services by 3.3% during the 3rd quarter. Czech National Bank now owns 132,674 shares of the information technology services provider’s stock valued at $8,749,000 after acquiring an additional 4,249 shares in the last quarter. Finally, Montecito Bank & Trust bought a new stake in Fidelity National Information Services during the 3rd quarter worth $218,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein acquired 889 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were bought at an average cost of $67.66 per share, with a total value of $60,149.74. Following the purchase, the director directly owned 13,588 shares of the company’s stock, valued at $919,364.08. This trade represents a 7.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $66.80 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a fifty-two week low of $59.51 and a fifty-two week high of $83.97. The company has a 50 day simple moving average of $65.50 and a two-hundred day simple moving average of $70.84. The company has a market capitalization of $34.59 billion, a PE ratio of 247.39 and a beta of 0.92.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Wednesday, November 5th. The information technology services provider reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.03. Fidelity National Information Services had a net margin of 1.45% and a return on equity of 19.76%. The company had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period in the prior year, the firm posted $1.40 EPS. The company’s quarterly revenue was up 5.7% on a year-over-year basis. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. Research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Tuesday, December 9th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 592.59%.

Analyst Upgrades and Downgrades

FIS has been the subject of several research reports. Jefferies Financial Group dropped their target price on Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating for the company in a research report on Tuesday, October 14th. Truist Financial dropped their price objective on shares of Fidelity National Information Services from $72.00 to $70.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. JPMorgan Chase & Co. cut their target price on shares of Fidelity National Information Services from $85.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Stephens decreased their price target on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research report on Thursday, October 16th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $85.41.

Fidelity National Information Services Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.