MBB Public Markets I LLC Invests $318,000 in Fidelity National Information Services, Inc. $FIS

Key Points

• MBB Public Markets I LLC has acquired a new stake of $318,000 in Fidelity National Information Services, purchasing 4,264 shares in the first quarter.
• The company reported earnings of $1.36 per share, meeting analysts' consensus estimates, with quarterly revenue up 5.1% year-over-year at $2.62 billion.
• Fidelity National Information Services announced a quarterly dividend of $0.40, representing an annualized dividend yield of 2.3%, with a payout ratio of 888.89%.

MBB Public Markets I LLC purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,264 shares of the information technology services provider's stock, valued at approximately $318,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sierra Ocean LLC lifted its stake in Fidelity National Information Services by 356.0% in the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider's stock valued at $26,000 after buying an additional 267 shares in the last quarter. YANKCOM Partnership lifted its stake in Fidelity National Information Services by 118.8% in the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider's stock valued at $26,000 after buying an additional 190 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in Fidelity National Information Services by 92.1% in the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider's stock valued at $26,000 after buying an additional 164 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of Fidelity National Information Services by 179.9% during 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 during the period. Finally, Kennebec Savings Bank lifted its stake in shares of Fidelity National Information Services by 71.3% during the 1st quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider's stock worth $33,000 after purchasing an additional 186 shares during the period. Hedge funds and other institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Stock Down 1.2%

Shares of Fidelity National Information Services stock traded down $0.82 during trading hours on Friday, hitting $66.89. 4,107,075 shares of the company's stock traded hands, compared to its average volume of 3,896,908. The stock has a 50 day simple moving average of $74.16 and a 200-day simple moving average of $75.63. 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 company has a market cap of $34.94 billion, a PE ratio of 371.63 and a beta of 1.05. Fidelity National Information Services, Inc. has a twelve month low of $65.82 and a twelve month high of $91.98.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting the consensus estimate of $1.36. The company had revenue of $2.62 billion during 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%.The company's revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm earned $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. Equities research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. Fidelity National Information Services's dividend payout ratio (DPR) is currently 888.89%.

Analyst Ratings Changes

A number of research analysts have weighed in on FIS shares. Keefe, Bruyette & Woods reduced their price target on Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 6th. Truist Financial increased their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a "hold" rating in a research report on Thursday, July 17th. Robert W. Baird increased their price target on Fidelity National Information Services from $82.00 to $86.00 and gave the company a "neutral" rating in a report on Wednesday, July 16th. Finally, UBS Group lowered their price target on Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $91.63.

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.