Strs Ohio Cuts Stock Holdings in Fidelity National Information Services, Inc. $FIS

Strs Ohio lowered its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 45.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 361,573 shares of the information technology services provider’s stock after selling 298,427 shares during the period. Strs Ohio owned approximately 0.07% of Fidelity National Information Services worth $29,436,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sierra Ocean LLC raised its stake in Fidelity National Information Services by 356.0% during the first quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 267 shares during the period. YANKCOM Partnership raised its stake in shares of Fidelity National Information Services by 118.8% in the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 190 shares during the period. Meeder Asset Management Inc. raised its stake in shares of Fidelity National Information Services by 92.1% in the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 164 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of Fidelity National Information Services by 179.9% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after acquiring an additional 250 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Fidelity National Information Services by 100.5% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 445 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 223 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Citigroup raised shares of Fidelity National Information Services to a “hold” rating in a research note on Thursday, October 23rd. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Stephens lowered their price target on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday, October 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company assumed coverage on shares of Fidelity National Information Services in a research note on Wednesday, October 22nd. They set an “overweight” rating and a $81.00 price target on the stock. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.94.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 889 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was acquired at an average cost of $67.66 per share, with a total value of $60,149.74. Following the acquisition, the director owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. This represents a 7.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $62.39 on Friday. The firm has a market cap of $32.59 billion, a P/E ratio of 346.64 and a beta of 1.05. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a 1-year low of $59.51 and a 1-year high of $91.98. The firm has a fifty day moving average of $67.12 and a two-hundred day moving average of $74.29.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting 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 analyst estimates of $2.57 billion. During the same period in the previous year, the business posted $1.36 EPS. The company’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. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

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.