Fidelity National Information Services, Inc. $FIS Shares Sold by Longview Partners Guernsey LTD

Key Points

• Longview Partners Guernsey LTD reduced its stake in Fidelity National Information Services by 5.8%, now holding approximately 7.24 million shares, which represents 4.3% of its investment portfolio.
• The company declared a quarterly dividend of $0.40 per share, with a yield of 2.2%, set to be paid on September 24th, for investors on record by September 10th.
• Fidelity National Information Services reported earnings of $1.36 per share for its latest quarter, matching analyst estimates and showcasing a year-over-year revenue growth of 5.1%.

Longview Partners Guernsey LTD cut its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 5.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,237,324 shares of the information technology services provider's stock after selling 447,753 shares during the period. Fidelity National Information Services comprises about 4.3% of Longview Partners Guernsey LTD's investment portfolio, making the stock its 11th largest position. Longview Partners Guernsey LTD owned 1.38% of Fidelity National Information Services worth $540,483,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in FIS. Brighton Jones LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter worth about $347,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Fidelity National Information Services by 0.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 771,783 shares of the information technology services provider's stock worth $62,337,000 after purchasing an additional 3,938 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in Fidelity National Information Services by 7.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 10,639 shares of the information technology services provider's stock worth $859,000 after acquiring an additional 731 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in Fidelity National Information Services by 6.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 11,397 shares of the information technology services provider's stock worth $921,000 after acquiring an additional 704 shares in the last quarter. Finally, Aquatic Capital Management LLC bought a new position in Fidelity National Information Services during the 4th quarter worth about $825,000. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock traded up $0.04 during midday trading on Friday, hitting $69.79. The company had a trading volume of 4,449,783 shares, compared to its average volume of 3,619,201. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity 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 company has a fifty day simple moving average of $76.99 and a 200 day simple moving average of $75.71. The stock has a market cap of $36.45 billion, a price-to-earnings ratio of 387.72 and a beta of 1.04.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations of $2.57 billion. During the same period in the previous year, the business posted $1.36 EPS. The business's quarterly revenue 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. As a group, analysts predict 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.3%. The ex-dividend date is Wednesday, September 10th. Fidelity National Information Services's payout ratio is presently 888.89%.

Wall Street Analyst Weigh In

FIS has been the topic of several recent research reports. Stephens increased their target price on shares of Fidelity National Information Services from $90.00 to $100.00 and gave the stock an "overweight" rating in a report on Wednesday, May 7th. UBS Group dropped their target price on shares of Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating on the stock in a report on Wednesday, August 6th. Royal Bank Of Canada dropped their target price on shares of Fidelity National Information Services from $95.00 to $93.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th. Finally, Robert W. Baird increased their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $91.63.

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.