Transcend Capital Advisors LLC Has $454,000 Stock Position in Fidelity National Information Services, Inc. $FIS

Transcend Capital Advisors LLC lifted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 54.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,578 shares of the information technology services provider’s stock after buying an additional 1,973 shares during the period. Transcend Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $454,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC acquired a new position in Fidelity National Information Services in the 4th quarter worth about $347,000. Cambridge Investment Research Advisors Inc. increased its holdings in Fidelity National Information Services by 4.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,031 shares of the information technology services provider’s stock worth $1,571,000 after purchasing an additional 869 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in Fidelity National Information Services in the 1st quarter worth about $276,000. Amalgamated Bank increased its holdings in Fidelity National Information Services by 0.4% in the 1st quarter. Amalgamated Bank now owns 105,573 shares of the information technology services provider’s stock worth $7,884,000 after purchasing an additional 436 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in Fidelity National Information Services by 269.6% in the 1st quarter. Ameritas Advisory Services LLC now owns 13,745 shares of the information technology services provider’s stock worth $1,046,000 after purchasing an additional 10,026 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 889 shares of the business’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 transaction, the director directly owned 13,588 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by insiders.

Fidelity National Information Services Trading Down 6.7%

Shares of FIS stock opened at $61.53 on Thursday. The stock has a market cap of $32.14 billion, a price-to-earnings ratio of 341.86 and a beta of 1.05. The stock has a 50-day moving average of $67.27 and a 200-day moving average of $74.38. 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, Inc. has a 1-year low of $59.51 and a 1-year high of $91.98.

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 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 company 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 firm posted $1.36 earnings per share. The business’s quarterly 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, equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FIS. Citigroup raised Fidelity National Information Services to a “hold” rating in a report on Thursday, October 23rd. Susquehanna lowered their target price 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 upped 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. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 8th. Finally, Stephens decreased their price target on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Thursday, October 16th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.