Cwm LLC Increases Stock Position in Fidelity National Information Services, Inc. $FIS

Cwm LLC lifted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 166.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 35,237 shares of the information technology services provider’s stock after purchasing an additional 21,999 shares during the period. Cwm LLC’s holdings in Fidelity National Information Services were worth $2,869,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FIS. Baupost Group LLC MA purchased a new stake in Fidelity National Information Services during the first quarter valued at approximately $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. lifted its position in Fidelity National Information Services by 22.9% during 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 during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Fidelity National Information Services by 17.4% during the first 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 acquiring an additional 986,646 shares during the last quarter. Finally, Hawk Ridge Capital Management LP lifted its position in 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 valued at $79,331,000 after acquiring an additional 920,200 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analyst Ratings Changes

FIS has been the subject of a number of analyst reports. 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 research report on Thursday, July 17th. Susquehanna cut 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 note on Friday, September 12th. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Finally, UBS Group upgraded shares of 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. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.06.

Fidelity National Information Services Stock Up 1.8%

NYSE:FIS opened at $66.96 on Friday. The firm has a market capitalization of $34.98 billion, a P/E ratio of 372.04 and a beta of 1.05. Fidelity National Information Services, Inc. has a 1-year low of $63.00 and a 1-year high of $91.98. The company’s fifty day moving average price is $67.92 and its 200-day moving average price is $74.58. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59.

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

Fidelity National Information Services Dividend Announcement

The company also recently declared 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 2.4%. The ex-dividend date was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 888.89%.

Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein purchased 889 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were bought at an average price of $67.66 per share, for a total transaction of $60,149.74. Following the completion of the transaction, the director owned 13,588 shares in the company, valued at $919,364.08. This represents a 7.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.21% of the company’s stock.

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.