OLD National Bancorp IN increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 816.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,554 shares of the information technology services provider’s stock after acquiring an additional 61,967 shares during the quarter. OLD National Bancorp IN’s holdings in Fidelity National Information Services were worth $5,662,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $347,000. NBC Securities Inc. acquired a new position in Fidelity National Information Services in the first quarter valued at about $67,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Fidelity National Information Services by 51.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,289 shares of the information technology services provider’s stock worth $96,000 after purchasing an additional 439 shares during the period. Patriot Financial Group Insurance Agency LLC grew its stake in Fidelity National Information Services by 5.1% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 6,432 shares of the information technology services provider’s stock worth $480,000 after buying an additional 314 shares in the last quarter. Finally, Kennebec Savings Bank increased its holdings in Fidelity National Information Services by 71.3% in the 1st quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider’s stock valued at $33,000 after buying an additional 186 shares during the period. Institutional investors own 96.23% of the company’s stock.
Analysts Set New Price Targets
FIS has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Saturday, September 27th. Susquehanna dropped their price objective on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research report 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 on the stock in a research report on Tuesday, September 30th. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. Finally, Robert W. Baird lifted their price target on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. Thirteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.00.
Fidelity National Information Services Stock Up 0.4%
NYSE:FIS opened at $66.71 on Monday. Fidelity National Information Services, Inc. has a one year low of $63.00 and a one year high of $91.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The company has a market cap of $34.85 billion, a PE ratio of 370.60 and a beta of 1.05. The firm’s 50 day simple moving average is $69.73 and its 200 day simple moving average is $75.08.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 net margin of 1.09% and a return on equity of 18.73%. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.36 earnings per share. 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, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.
Fidelity National Information Services Announces Dividend
The business 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. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. Fidelity National Information Services’s dividend payout ratio is presently 888.89%.
Fidelity National Information Services Company 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.
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