Asset Management One Co. Ltd. Buys 6,045 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• Asset Management One Co. Ltd. increased its stake in Fidelity National Information Services by 2.5%, acquiring an additional 6,045 shares, bringing its total holdings to 249,061 shares worth $20.276 million.
• Fidelity National Information Services reported a quarterly EPS of $1.36, matching analysts' expectations, with revenue rising 5.1% year-over-year, totaling $2.62 billion.
• The company declared a quarterly dividend of $0.40 per share, resulting in an annual yield of 2.4%, despite a high dividend payout ratio of 888.89%.

Asset Management One Co. Ltd. lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 249,061 shares of the information technology services provider's stock after purchasing an additional 6,045 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Fidelity National Information Services were worth $20,276,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Sierra Ocean LLC boosted its holdings 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 worth $26,000 after acquiring an additional 267 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Fidelity National Information Services by 92.1% during the first 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 in the last quarter. YANKCOM Partnership raised its position in shares of Fidelity National Information Services by 118.8% during the first quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider's stock worth $26,000 after purchasing an additional 190 shares during the period. Hazlett Burt & Watson Inc. lifted its holdings 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 worth $29,000 after purchasing an additional 250 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its position in 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 purchasing an additional 223 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Performance

FIS stock opened at $67.85 on Friday. 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 firm has a market cap of $35.44 billion, a PE ratio of 376.97 and a beta of 1.05. The business has a 50 day moving average of $67.56 and a 200-day moving average of $74.50. Fidelity National Information Services, Inc. has a 12-month low of $63.00 and a 12-month high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, hitting analysts' consensus estimates of $1.36. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.Fidelity National Information Services's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, sell-side analysts expect 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. Investors of record on Wednesday, September 10th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.4%. Fidelity National Information Services's dividend payout ratio is presently 888.89%.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 889 shares of the stock in a transaction on Wednesday, October 15th. The shares were acquired at an average price of $67.66 per share, with a total value of $60,149.74. Following the completion of the transaction, the director owned 13,588 shares in the company, valued at approximately $919,364.08. The trade was a 7.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

FIS has been the topic of several research reports. Citigroup upgraded shares of Fidelity National Information Services to a "hold" rating in a report on Thursday. Keefe, Bruyette & Woods dropped their price target on shares of Fidelity National Information Services from $88.00 to $85.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 1st. Stephens cut their price target on Fidelity National Information Services from $100.00 to $90.00 and set an "overweight" rating for the company in a research note on Thursday, October 16th. Robert W. Baird increased 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. Finally, Truist Financial cut their target price on Fidelity National Information Services from $75.00 to $72.00 and set a "hold" rating on the stock in a research report on Friday. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of "Moderate Buy" and an average price target of $87.94.

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.

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