Fidelity National Information Services, Inc. $FIS Shares Bought by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC grew its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 8.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,343 shares of the information technology services provider’s stock after purchasing an additional 2,222 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $2,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sierra Ocean LLC lifted its stake in shares of 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 worth $26,000 after acquiring an additional 267 shares in the last quarter. YANKCOM Partnership lifted its stake in shares of Fidelity National Information Services by 118.8% in the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in shares of Fidelity National Information Services by 92.1% in the first quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 164 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of Fidelity National Information Services by 179.9% in the first quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 250 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in shares of Fidelity National Information Services by 100.5% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock worth $33,000 after acquiring an additional 223 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FIS shares. Robert W. Baird boosted their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. 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 report on Friday, September 12th. UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Tuesday, September 30th. Truist Financial boosted their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 17th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Fidelity National Information Services Stock Up 0.7%

NYSE:FIS opened at $67.31 on Tuesday. The firm has a market capitalization of $35.16 billion, a PE ratio of 373.97 and a beta of 1.05. The stock has a 50 day moving average of $68.25 and a 200-day moving average of $74.81. 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 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 posted its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. The company 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 was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company 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. Analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

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