Fluent Financial LLC Cuts Stake in Fidelity National Information Services, Inc. $FIS

Fluent Financial LLC lowered its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 7.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,538 shares of the information technology services provider’s stock after selling 4,249 shares during the quarter. Fidelity National Information Services makes up 1.8% of Fluent Financial LLC’s portfolio, making the stock its 16th biggest holding. Fluent Financial LLC’s holdings in Fidelity National Information Services were worth $4,359,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FIS. Baupost Group LLC MA purchased a new position in Fidelity National Information Services during the 1st quarter valued at approximately $260,853,000. Nuveen LLC purchased a new position in Fidelity National Information Services during the 1st quarter valued at approximately $187,514,000. Invesco Ltd. grew its holdings in Fidelity National Information Services by 22.9% during 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 buying an additional 1,730,878 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in Fidelity National Information Services by 17.4% during 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 buying an additional 986,646 shares in the last quarter. Finally, Hawk Ridge Capital Management LP grew its holdings in Fidelity National Information Services by 647.7% during 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 buying an additional 920,200 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $68.16 on Thursday. Fidelity National Information Services, Inc. has a twelve month low of $63.00 and a twelve month high of $91.98. The stock has a market capitalization of $35.61 billion, a price-to-earnings ratio of 378.69 and a beta of 1.05. The stock has a fifty day simple moving average of $68.93 and a two-hundred day simple moving average of $74.94. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63.

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

Fidelity National Information Services Announces Dividend

The firm also recently announced 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 2.3%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Wall Street Analysts Forecast Growth

FIS has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday. UBS Group upgraded 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. Susquehanna dropped 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. Robert W. Baird lifted their target price on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Finally, Truist Financial lifted their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $91.00.

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.