3,080 Shares in Fidelity National Information Services, Inc. $FIS Bought by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 3,080 shares of the information technology services provider’s stock, valued at approximately $251,000.

Other large investors have also added to or reduced their stakes in the company. Baupost Group LLC MA bought a new stake in shares of Fidelity National Information Services in the 1st quarter valued at about $260,853,000. Nuveen LLC purchased a new stake in Fidelity National Information Services during the first quarter valued at approximately $187,514,000. Invesco Ltd. boosted its stake in Fidelity National Information Services by 22.9% in the first quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock valued at $694,824,000 after acquiring 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% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock worth $497,854,000 after purchasing an additional 986,646 shares during the last quarter. Finally, Hawk Ridge Capital Management LP increased its position in shares of Fidelity National Information Services by 647.7% during the first quarter. Hawk Ridge Capital Management LP now owns 1,062,280 shares of the information technology services provider’s stock worth $79,331,000 after purchasing an additional 920,200 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Up 1.8%

FIS opened at $66.96 on Monday. The company has a fifty day moving average of $67.92 and a two-hundred day moving average of $74.58. The stock has a market capitalization of $34.98 billion, a price-to-earnings ratio of 372.04 and a beta of 1.05. Fidelity National Information Services, Inc. has a fifty-two week low of $63.00 and a fifty-two week high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS 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 firm had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period last year, the firm earned $1.36 EPS. The company’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. On average, research analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on FIS. Susquehanna lowered their price objective on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, September 12th. Jefferies Financial Group decreased their price target on Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating for the company in a research note on Tuesday, October 14th. UBS Group upgraded Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research note on Tuesday, September 30th. Stephens cut their price objective on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. Thirteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $89.33.

Insider Activity

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 889 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were purchased at an average price of $67.66 per share, for a total transaction of $60,149.74. Following the transaction, the director directly owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. This represents a 7.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.21% of the stock is owned by company insiders.

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.