Fidelity National Information Services, Inc. $FIS Shares Sold by Investors Asset Management of Georgia Inc. GA ADV

Investors Asset Management of Georgia Inc. GA ADV reduced its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,371 shares of the information technology services provider’s stock after selling 998 shares during the quarter. Fidelity National Information Services comprises 2.5% of Investors Asset Management of Georgia Inc. GA ADV’s holdings, making the stock its 5th largest holding. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Fidelity National Information Services were worth $5,403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Monetary Management Group Inc. lifted its position in shares of Fidelity National Information Services by 2.8% during the 1st quarter. Monetary Management Group Inc. now owns 4,960 shares of the information technology services provider’s stock valued at $370,000 after acquiring an additional 135 shares during the period. Phoenix Wealth Advisors increased its stake in Fidelity National Information Services by 0.4% in the first quarter. Phoenix Wealth Advisors now owns 30,861 shares of the information technology services provider’s stock valued at $2,305,000 after purchasing an additional 135 shares in the last quarter. CX Institutional raised its holdings in shares of Fidelity National Information Services by 2.3% during the second quarter. CX Institutional now owns 6,317 shares of the information technology services provider’s stock valued at $514,000 after purchasing an additional 140 shares during the period. Stonebrook Private Inc. boosted its position in shares of Fidelity National Information Services by 0.6% during the 1st quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider’s stock worth $1,824,000 after purchasing an additional 146 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its position in shares of Fidelity National Information Services by 4.7% during the 1st quarter. Integrated Advisors Network LLC now owns 3,284 shares of the information technology services provider’s stock worth $245,000 after purchasing an additional 147 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on FIS shares. UBS Group raised 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. Susquehanna decreased 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. Robert W. Baird increased their target price on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Keefe, Bruyette & Woods reduced their price target on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Finally, Truist Financial boosted their price target on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Thirteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus target price of $91.00.

Fidelity National Information Services Trading Up 0.4%

Shares of Fidelity National Information Services stock opened at $66.71 on Monday. The company has a market capitalization of $34.85 billion, a P/E ratio of 370.60 and a beta of 1.05. The stock has a fifty day simple moving average of $69.73 and a 200 day simple moving average of $75.08. Fidelity National Information Services, Inc. has a 12-month low of $63.00 and a 12-month 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 issued its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period last year, the business earned $1.36 EPS. The business’s 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, 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were given 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 presently 888.89%.

About Fidelity National Information Services

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.