Rep. Jefferson Shreve Sells Fidelity National Information Services, Inc. (NYSE:FIS) Shares

Representative Jefferson Shreve (R-Indiana) recently sold shares of Fidelity National Information Services, Inc. NYSE: FIS. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Fidelity National Information Services stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Fidelity National Information Services Trading Up 1.9%

Shares of NYSE:FIS traded up $1.51 during trading on Friday, reaching $81.92. 2,694,227 shares of the stock were exchanged, compared to its average volume of 3,578,808. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.63 and a current ratio of 0.63. Fidelity National Information Services, Inc. has a 12-month low of $66.51 and a 12-month high of $91.98. The firm has a market cap of $43.04 billion, a price-to-earnings ratio of 54.25 and a beta of 1.06. The firm's 50-day moving average price is $80.32 and its 200 day moving average price is $76.87.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.01. Fidelity National Information Services had a net margin of 8.10% and a return on equity of 18.15%. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the company earned $1.33 earnings per share. Fidelity National Information Services's revenue for the quarter was up 2.6% on a year-over-year basis. On average, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 10th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend was Tuesday, June 10th. Fidelity National Information Services's dividend payout ratio is currently 105.96%.

Institutional Trading of Fidelity National Information Services

Several institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at $347,000. Allworth Financial LP raised its holdings in shares of Fidelity National Information Services by 19.1% during the 4th quarter. Allworth Financial LP now owns 2,654 shares of the information technology services provider's stock worth $208,000 after buying an additional 425 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of Fidelity National Information Services by 221.4% during the 4th quarter. Venturi Wealth Management LLC now owns 1,279 shares of the information technology services provider's stock worth $103,000 after buying an additional 881 shares in the last quarter. Atria Wealth Solutions Inc. raised its holdings in shares of Fidelity National Information Services by 14.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 7,928 shares of the information technology services provider's stock worth $640,000 after buying an additional 1,022 shares in the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of Fidelity National Information Services by 4.0% during the 4th quarter. Global Retirement Partners LLC now owns 12,105 shares of the information technology services provider's stock worth $978,000 after buying an additional 466 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

FIS has been the subject of several research analyst reports. UBS Group increased their target price on Fidelity National Information Services from $81.00 to $84.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Robert W. Baird raised their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 16th. Citigroup upgraded Fidelity National Information Services from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $79.00 to $86.00 in a research note on Monday, April 21st. Stephens raised their price objective on Fidelity National Information Services from $90.00 to $100.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. Finally, Truist Financial raised their price objective 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. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $91.00.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.