Drucker Wealth 3.0 LLC Trims Stake in Fidelity National Information Services, Inc. $FIS

Key Points

• Drucker Wealth 3.0 LLC has decreased its stake in Fidelity National Information Services, Inc. by 25.5%, owning 20,680 shares valued at approximately $1.65 million at the end of the last quarter.
• Analysts have mixed ratings for Fidelity National Information Services, with a consensus rating of "Moderate Buy" and an average target price of $91.00.
• The company declared a quarterly dividend of $0.40, representing an annualized dividend of $1.60 and a dividend yield of 2.4%.

Drucker Wealth 3.0 LLC reduced its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 25.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 20,680 shares of the information technology services provider's stock after selling 7,085 shares during the period. Drucker Wealth 3.0 LLC's holdings in Fidelity National Information Services were worth $1,655,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Monetary Management Group Inc. raised its stake in Fidelity National Information Services by 2.8% during the 1st quarter. Monetary Management Group Inc. now owns 4,960 shares of the information technology services provider's stock valued at $370,000 after acquiring an additional 135 shares during the last quarter. Phoenix Wealth Advisors raised its stake in Fidelity National Information Services by 0.4% during the 1st quarter. Phoenix Wealth Advisors now owns 30,861 shares of the information technology services provider's stock valued at $2,305,000 after acquiring an additional 135 shares during the last quarter. CX Institutional raised its stake in Fidelity National Information Services by 2.3% during the 2nd quarter. CX Institutional now owns 6,317 shares of the information technology services provider's stock valued at $514,000 after acquiring an additional 140 shares during the last quarter. Stonebrook Private Inc. raised its stake in Fidelity National Information Services by 0.6% during the 1st quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider's stock valued at $1,824,000 after acquiring an additional 146 shares during the last quarter. Finally, Integrated Advisors Network LLC raised its stake in Fidelity National Information Services by 4.7% during the 1st quarter. Integrated Advisors Network LLC now owns 3,284 shares of the information technology services provider's stock valued at $245,000 after acquiring an additional 147 shares during the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on FIS shares. Truist Financial upped their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the company a "hold" rating in a research note on Thursday, July 17th. Susquehanna cut their target price on Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating for the company in a research note on Friday, September 12th. Weiss Ratings reissued a "sell (d)" rating on shares of Fidelity National Information Services in a research note on Wednesday. Keefe, Bruyette & Woods cut their target price on Fidelity National Information Services from $88.00 to $85.00 and set an "outperform" rating for the company in a research note on Wednesday, October 1st. Finally, UBS Group raised Fidelity National Information Services from a "neutral" rating to a "buy" rating and set a $82.00 target price for the company in a research note on Tuesday, September 30th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $91.00.

Fidelity National Information Services Stock Performance

FIS opened at $66.86 on Friday. The stock has a market cap of $34.93 billion, a P/E ratio of 371.47 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. The stock's 50 day simple moving average is $68.48 and its 200 day simple moving average is $74.85. Fidelity National Information Services, Inc. has a 1-year low of $63.00 and a 1-year high of $91.98.

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 for the quarter, hitting analysts' consensus estimates of $1.36. The business had revenue of $2.62 billion for the quarter, compared to analysts' expectations of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.36 EPS. 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, equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were issued a $0.40 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. Fidelity National Information Services's dividend payout ratio is currently 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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