D.A. Davidson & CO. Has $6.67 Million Stock Holdings in Fidelity National Information Services, Inc. $FIS

D.A. Davidson & CO. increased its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 8.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,914 shares of the information technology services provider’s stock after purchasing an additional 6,589 shares during the quarter. D.A. Davidson & CO.’s holdings in Fidelity National Information Services were worth $6,669,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FIS. Baupost Group LLC MA acquired a new position in Fidelity National Information Services during the 1st quarter worth approximately $260,853,000. Nuveen LLC acquired a new position in Fidelity National Information Services in the 1st quarter valued at approximately $187,514,000. Invesco Ltd. increased its position in Fidelity National Information Services by 22.9% in the 1st quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock valued at $694,824,000 after acquiring an additional 1,730,878 shares during the period. Hotchkis & Wiley Capital Management LLC increased its position in Fidelity National Information Services by 17.4% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock valued at $497,854,000 after acquiring an additional 986,646 shares during the period. Finally, Hawk Ridge Capital Management LP increased its position in Fidelity National Information Services by 647.7% in the 1st quarter. Hawk Ridge Capital Management LP now owns 1,062,280 shares of the information technology services provider’s stock valued at $79,331,000 after acquiring an additional 920,200 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Trading Down 0.5%

FIS opened at $67.56 on Friday. Fidelity National Information Services, Inc. has a twelve month low of $63.00 and a twelve month high of $91.98. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The company has a fifty day moving average of $67.62 and a 200-day moving average of $74.46. The stock has a market cap of $35.29 billion, a PE ratio of 375.35 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 company had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. During the same period in the prior year, the company posted $1.36 earnings per share. Fidelity National Information Services’s revenue for the quarter 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. On average, sell-side analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed 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 of this dividend was Wednesday, September 10th. Fidelity National Information Services’s dividend payout ratio is 888.89%.

Wall Street Analyst Weigh In

FIS has been the subject of several recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Wednesday, October 8th. Citigroup initiated coverage on shares of Fidelity National Information Services in a research report on Wednesday. They issued a “neutral” rating and a $73.00 price target for the company. UBS Group upgraded shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a research report on Tuesday, September 30th. Jefferies Financial Group decreased their price target on shares of Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating for the company in a research report on Tuesday, October 14th. Finally, KeyCorp reiterated a “hold” rating on shares of Fidelity National Information Services in a research report on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and an average price target of $88.67.

Insider Activity at Fidelity National Information Services

In other news, Director Jeffrey A. Goldstein bought 889 shares of Fidelity National Information Services stock in a transaction dated Wednesday, October 15th. The stock was bought at an average cost of $67.66 per share, for a total transaction of $60,149.74. Following the purchase, the director directly owned 13,588 shares in the company, valued at approximately $919,364.08. This represents a 7.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is currently owned by corporate insiders.

Fidelity National Information Services 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.