Prime Capital Investment Advisors LLC Buys 211 Shares of Fidelity National Information Services, Inc. $FIS

Prime Capital Investment Advisors LLC raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 4.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,988 shares of the information technology services provider’s stock after purchasing an additional 211 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Fidelity National Information Services were worth $406,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sierra Ocean LLC increased its stake in Fidelity National Information Services by 356.0% in the first quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 267 shares during the last quarter. YANKCOM Partnership increased its position in shares of Fidelity National Information Services by 118.8% during the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 190 shares during the last quarter. Meeder Asset Management Inc. increased its position in shares of Fidelity National Information Services by 92.1% during the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 164 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Fidelity National Information Services by 179.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 250 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its position in shares of Fidelity National Information Services by 100.5% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock valued at $33,000 after purchasing an additional 223 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Susquehanna reduced their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, September 12th. Truist Financial increased their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 17th. UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Tuesday, September 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday. Finally, 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. Thirteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $91.00.

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock 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 firm has a market cap of $34.93 billion, a PE 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. The company’s fifty day simple moving average is $68.48 and its two-hundred day simple moving average is $74.85.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.36. The company had revenue of $2.62 billion for 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 firm 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, equities 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 issued a $0.40 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.4%. Fidelity National Information Services’s payout ratio is 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.