Versor Investments LP Acquires Shares of 4,398 Fidelity National Information Services, Inc. $FIS

Key Points

• Versor Investments LP purchased 4,398 shares of Fidelity National Information Services, valued at approximately $328,000, during the first quarter.
• Fidelity National Information Services reported a net margin of 1.09% and revenue of $2.62 billion in the latest quarter, exceeding analyst estimates.
• The company's dividend yield is 2.3% with a quarterly dividend of $0.40 per share, set to be paid on September 24th.

Versor Investments LP bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,398 shares of the information technology services provider's stock, valued at approximately $328,000.

Several other hedge funds and other institutional investors have also modified their holdings of FIS. Nuveen LLC acquired a new stake in shares of Fidelity National Information Services in the first quarter worth $187,514,000. Invesco Ltd. raised its holdings in shares of Fidelity National Information Services by 22.9% during the first quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider's stock worth $694,824,000 after acquiring an additional 1,730,878 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Fidelity National Information Services by 16.5% during the fourth quarter. Northern Trust Corp now owns 6,925,824 shares of the information technology services provider's stock worth $559,399,000 after acquiring an additional 982,955 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Fidelity National Information Services by 6,171.5% during the first quarter. GAMMA Investing LLC now owns 829,844 shares of the information technology services provider's stock worth $61,973,000 after acquiring an additional 816,612 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Fidelity National Information Services by 51.2% during the fourth quarter. Ameriprise Financial Inc. now owns 1,376,900 shares of the information technology services provider's stock worth $111,215,000 after acquiring an additional 466,246 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS traded down $0.15 during midday trading on Wednesday, hitting $69.85. The company's stock had a trading volume of 3,636,963 shares, compared to its average volume of 4,089,183. The stock has a market capitalization of $36.49 billion, a price-to-earnings ratio of 388.09 and a beta of 1.04. The stock's 50 day simple moving average is $77.20 and its 200 day simple moving average is $75.80. Fidelity National Information Services, Inc. has a fifty-two week low of $66.51 and a fifty-two week high of $91.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59.

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, meeting the consensus estimate 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%.The firm's revenue was up 5.1% compared to the same quarter last year. During the same period last 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. As a group, research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Investors 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 currently 888.89%.

Analyst Ratings Changes

FIS has been the subject of several recent research reports. UBS Group cut their price objective 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. Royal Bank Of Canada cut their target price on 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. Stephens raised their target price on Fidelity National Information Services from $90.00 to $100.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Robert W. Baird raised their target price 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, Keefe, Bruyette & Woods cut their target price on 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. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services currently has an average rating of "Moderate Buy" and a consensus target price 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.