Voya Investment Management LLC Has $11.42 Million Stock Holdings in Fidelity National Information Services, Inc. $FIS

Key Points

• Voya Investment Management LLC reduced its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 6.1%, now holding 152,969 shares valued at approximately $11.42 million.
• Other institutional investors have significantly increased their holdings, with Sierra Ocean LLC boosting its stake by 356.0% during the same period.
• Fidelity National Information Services reported $1.36 EPS for its most recent quarter, meeting analysts' expectations, and declared a quarterly dividend of $0.40 per share with an annual yield of 2.4%.

Voya Investment Management LLC reduced its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 6.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 152,969 shares of the information technology services provider's stock after selling 10,018 shares during the quarter. Voya Investment Management LLC's holdings in Fidelity National Information Services were worth $11,424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIS. Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter valued at $347,000. Gotham Asset Management LLC boosted its stake in shares of Fidelity National Information Services by 6.5% during the 4th quarter. Gotham Asset Management LLC now owns 2,693 shares of the information technology services provider's stock worth $218,000 after acquiring an additional 164 shares in the last quarter. Toronto Dominion Bank boosted its stake in shares of Fidelity National Information Services by 24.4% during the 4th quarter. Toronto Dominion Bank now owns 229,972 shares of the information technology services provider's stock worth $18,575,000 after acquiring an additional 45,154 shares in the last quarter. State of Wyoming boosted its stake in shares of Fidelity National Information Services by 144.2% during the 4th quarter. State of Wyoming now owns 5,713 shares of the information technology services provider's stock worth $461,000 after acquiring an additional 3,374 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in shares of Fidelity National Information Services by 119.0% during the 4th quarter. Tidal Investments LLC now owns 101,898 shares of the information technology services provider's stock worth $8,230,000 after acquiring an additional 55,366 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

FIS has been the subject of several research reports. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating for the company in a research note on Wednesday, August 6th. Susquehanna reduced their price objective on Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating for the company in a research note on Friday, September 12th. UBS Group reduced their target price 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. Truist Financial increased their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the company a "hold" rating in a report on Thursday, July 17th. Finally, Robert W. Baird increased 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. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $91.17.

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS traded down $1.13 during midday trading on Friday, hitting $65.11. The company's stock had a trading volume of 6,951,504 shares, compared to its average volume of 3,967,294. The stock has a market capitalization of $34.01 billion, a price-to-earnings ratio of 361.73 and a beta of 1.05. The stock's 50 day simple moving average is $72.81 and its 200 day simple moving average is $75.44. Fidelity National Information Services, Inc. has a fifty-two week low of $65.03 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 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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, September 10th. Fidelity National Information Services's payout ratio is presently 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.