Fidelity National Information Services, Inc. $FIS Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 13.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,300 shares of the information technology services provider's stock after selling 10,524 shares during the period. Yousif Capital Management LLC's holdings in Fidelity National Information Services were worth $5,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in FIS. Brighton Jones LLC purchased a new stake in Fidelity National Information Services during the 4th quarter valued at about $347,000. Dynamic Advisor Solutions LLC grew its stake in Fidelity National Information Services by 17.2% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,255 shares of the information technology services provider's stock valued at $392,000 after purchasing an additional 773 shares during the last quarter. Sound Income Strategies LLC grew its stake in Fidelity National Information Services by 28.7% during the 1st quarter. Sound Income Strategies LLC now owns 780 shares of the information technology services provider's stock valued at $58,000 after purchasing an additional 174 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in Fidelity National Information Services during the 1st quarter valued at about $743,000. Finally, Sagespring Wealth Partners LLC grew its holdings in Fidelity National Information Services by 16.0% during the first quarter. Sagespring Wealth Partners LLC now owns 18,159 shares of the information technology services provider's stock worth $1,356,000 after acquiring an additional 2,502 shares during the period. Hedge funds and other institutional investors own 96.23% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on FIS. Keefe, Bruyette & Woods dropped their target price on Fidelity National Information Services from $88.00 to $85.00 and set an "outperform" rating on the stock in a report on Wednesday, October 1st. Susquehanna dropped their target price on Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating on the stock in a report on Friday, September 12th. UBS Group raised Fidelity National Information Services from a "neutral" rating to a "buy" rating and set a $82.00 target price on the stock in a report on Tuesday, September 30th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. Finally, Truist Financial raised their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a "hold" rating in a report on Thursday, July 17th. Thirteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $91.00.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $67.76 on Wednesday. The company has a market capitalization of $35.40 billion, a P/E ratio of 376.47 and a beta of 1.05. The business's 50 day moving average is $68.16 and its two-hundred day moving average is $74.76. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. 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 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.36. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the business 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. Analysts expect 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 announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Wednesday, September 10th. Fidelity National Information Services's dividend payout ratio (DPR) is 888.89%.

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.

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