Mountain Pacific Investment Advisers LLC Has $28.48 Million Stock Position in Fidelity National Information Services, Inc. $FIS

Key Points

• Mountain Pacific Investment Advisers LLC has reduced its stake in Fidelity National Information Services by 2.3%, holding approximately 349,772 shares valued at about $28.48 million.
• Institutional investors collectively own 96.23% of Fidelity National Information Services, highlighting strong institutional interest in the company.
• Fidelity reported a quarterly revenue of $2.62 billion, surpassing analysts' expectations, with an earnings per share (EPS) of $1.36 for the quarter.

Mountain Pacific Investment Advisers LLC lowered its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 2.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 349,772 shares of the information technology services provider's stock after selling 8,269 shares during the period. Fidelity National Information Services comprises 2.1% of Mountain Pacific Investment Advisers LLC's holdings, making the stock its 19th largest holding. Mountain Pacific Investment Advisers LLC owned about 0.07% of Fidelity National Information Services worth $28,475,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FIS. Cullen Investment Group LTD. lifted its holdings in Fidelity National Information Services by 10.4% during the 2nd quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider's stock worth $4,760,000 after buying an additional 5,521 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Fidelity National Information Services in the first quarter worth approximately $276,000. Brown Advisory Inc. boosted its holdings in Fidelity National Information Services by 16.7% in the first quarter. Brown Advisory Inc. now owns 329,325 shares of the information technology services provider's stock valued at $24,594,000 after acquiring an additional 47,086 shares during the last quarter. Compass Wealth Management LLC increased its position in Fidelity National Information Services by 13.5% during the 1st quarter. Compass Wealth Management LLC now owns 77,794 shares of the information technology services provider's stock valued at $5,810,000 after purchasing an additional 9,251 shares during the period. Finally, Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter worth approximately $347,000. Institutional investors own 96.23% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on FIS shares. Susquehanna decreased their price objective on shares of Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating for the company in a research report on Friday, September 12th. Keefe, Bruyette & Woods decreased their price objective on shares of Fidelity National Information Services from $88.00 to $85.00 and set an "outperform" rating for the company in a research report on Wednesday. Robert W. Baird increased their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Truist Financial increased their price objective on shares of 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. Finally, UBS Group upgraded shares of Fidelity National Information Services from a "neutral" rating to a "buy" rating and set a $82.00 price objective for the company in a research report on Tuesday. Thirteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $91.00.

Fidelity National Information Services Trading Up 0.8%

NYSE:FIS opened at $66.47 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $34.72 billion, a price-to-earnings ratio of 369.27 and a beta of 1.05. The firm has a fifty day simple moving average of $70.32 and a two-hundred day simple moving average of $75.15. 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 posted 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. 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 last year, the company posted $1.36 earnings per share. The business's quarterly revenue was up 5.1% on a year-over-year basis. 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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services's dividend payout ratio (DPR) is 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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