Patriot Financial Group Insurance Agency LLC Buys 442 Shares of Fidelity National Information Services, Inc. $FIS

Patriot Financial Group Insurance Agency LLC raised its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 6.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,874 shares of the information technology services provider’s stock after purchasing an additional 442 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity National Information Services were worth $560,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sierra Ocean LLC grew its stake in Fidelity National Information Services by 356.0% in the first quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 267 shares in the last quarter. YANKCOM Partnership boosted its stake in shares of Fidelity National Information Services by 118.8% during the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 190 shares during the period. Meeder Asset Management Inc. boosted its stake in shares of Fidelity National Information Services by 92.1% during the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 164 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in shares of Fidelity National Information Services by 179.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 250 shares during the period. Finally, Kennebec Savings Bank boosted its stake in shares of Fidelity National Information Services by 71.3% during the 1st quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider’s stock worth $33,000 after acquiring an additional 186 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on FIS shares. Susquehanna reduced their target price on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, September 12th. UBS Group upgraded 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 note on Tuesday, September 30th. Keefe, Bruyette & Woods reduced their target price on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a research note on Wednesday. Truist Financial lifted their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, July 17th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Saturday, September 27th. Thirteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $66.71 on Friday. The stock has a market cap of $34.85 billion, a P/E ratio of 370.60 and a beta of 1.05. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $69.73 and a 200 day simple moving average of $75.07. Fidelity National Information Services, Inc. has a 1-year low of $63.00 and a 1-year high of $91.98.

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

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date 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.