Catalyst Capital Advisors LLC Sells 220 Shares of Fidelity National Information Services, Inc. $FIS

Catalyst Capital Advisors LLC lessened its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 2.0% during the second quarter, Holdings Channel.com reports. The fund owned 11,048 shares of the information technology services provider’s stock after selling 220 shares during the period. Catalyst Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $899,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of FIS. Baupost Group LLC MA acquired a new stake in shares of Fidelity National Information Services during the 1st quarter valued at $260,853,000. Nuveen LLC acquired a new position in shares of Fidelity National Information Services in the 1st quarter valued at about $187,514,000. Invesco Ltd. lifted its stake in shares of Fidelity National Information Services by 22.9% in 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 purchasing an additional 1,730,878 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Fidelity National Information Services by 17.4% in 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 purchasing an additional 986,646 shares during the period. Finally, Hawk Ridge Capital Management LP lifted its stake in shares of Fidelity National Information Services by 647.7% in 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 purchasing an additional 920,200 shares during the period. Institutional investors own 96.23% of the company’s stock.

Insider Buying and Selling at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 889 shares of Fidelity National Information Services stock in a transaction on Wednesday, October 15th. The shares were bought at an average cost of $67.66 per share, with a total value of $60,149.74. Following the completion of the purchase, the director directly owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. This trade represents a 7.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FIS. Truist Financial boosted their target price on 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. UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a research report on Tuesday, September 30th. Citigroup raised Fidelity National Information Services to a “hold” rating in a research report on Thursday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Wednesday, October 8th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Fidelity National Information Services in a research report on Wednesday. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $88.67.

Fidelity National Information Services Trading Down 0.5%

NYSE:FIS opened at $67.56 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $63.00 and a 52 week high of $91.98. The firm has a 50 day moving average of $67.62 and a 200 day moving average of $74.46. 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 stock has a market capitalization of $35.29 billion, a price-to-earnings ratio of 375.35 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.36. The business 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%. Fidelity National Information Services’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

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

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.