Focus Partners Advisor Solutions LLC Has $564,000 Stake in Fidelity National Information Services, Inc. $FIS

Focus Partners Advisor Solutions LLC increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 101.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 6,939 shares of the information technology services provider’s stock after purchasing an additional 3,492 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Fidelity National Information Services were worth $564,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cullen Investment Group LTD. increased its holdings in Fidelity National Information Services by 10.4% during the second quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider’s stock worth $4,760,000 after buying an additional 5,521 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of Fidelity National Information Services in the first quarter valued at $276,000. Brown Advisory Inc. increased its holdings in shares of Fidelity National Information Services by 16.7% in the first quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider’s stock valued at $24,594,000 after purchasing an additional 47,086 shares during the last quarter. Compass Wealth Management LLC increased its holdings in shares of Fidelity National Information Services by 13.5% in the first quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider’s stock valued at $5,810,000 after purchasing an additional 9,251 shares during the last quarter. Finally, Brighton Jones LLC acquired a new position in shares of Fidelity National Information Services in the fourth quarter valued at $347,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Jeffrey A. Goldstein acquired 889 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was acquired at an average price of $67.66 per share, with a total value of $60,149.74. Following the completion of the transaction, the director directly owned 13,588 shares of the company’s stock, valued at $919,364.08. This trade represents a 7.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is owned by corporate insiders.

Fidelity National Information Services Trading Down 6.7%

FIS stock opened at $61.53 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. The company’s 50-day simple moving average is $67.27 and its 200 day simple moving average is $74.38. Fidelity National Information Services, Inc. has a 52 week low of $59.51 and a 52 week high of $91.98. The company has a market capitalization of $32.14 billion, a PE ratio of 341.86 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, hitting the consensus estimate of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The business had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. During the same quarter in the prior year, the business posted $1.36 earnings per share. Fidelity National Information Services’s revenue was up 5.1% compared to the same quarter last year. 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 year.

Analysts Set New Price Targets

Several equities analysts have commented on FIS shares. UBS Group upgraded shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a report on Tuesday, September 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. Stephens decreased 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, October 16th. KeyCorp reiterated a “hold” rating on shares of Fidelity National Information Services in a report on Wednesday, October 22nd. Finally, Truist Financial decreased their price target on shares of Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating on the stock in a research note on Friday, October 24th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.94.

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.