Representative Jefferson Shreve (R-Indiana) recently bought shares of Fidelity National Information Services, Inc. NYSE: FIS. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Fidelity National Information Services stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
- Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.
Fidelity National Information Services Trading Up 0.3%
Shares of NYSE FIS traded up $0.27 during trading on Thursday, reaching $78.32. The stock had a trading volume of 276,365 shares, compared to its average volume of 3,494,747. The company has a market cap of $41.15 billion, a P/E ratio of 29.99, a PEG ratio of 1.23 and a beta of 1.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.85 and a current ratio of 0.85. The business's 50-day moving average price is $74.31 and its 200-day moving average price is $78.54. Fidelity National Information Services, Inc. has a fifty-two week low of $66.51 and a fifty-two week high of $91.98.
Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The information technology services provider reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.01. Fidelity National Information Services had a return on equity of 17.30% and a net margin of 14.54%. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the business earned $1.33 EPS. The business's quarterly revenue was up 2.6% on a year-over-year basis. On average, equities research analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.
Fidelity National Information Services Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 10th will be given a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.60 dividend on an annualized basis and a yield of 2.04%. Fidelity National Information Services's dividend payout ratio is currently 105.96%.
Insider Buying and Selling
In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 844 shares of the stock in a transaction on Tuesday, April 15th. The shares were purchased at an average cost of $72.04 per share, for a total transaction of $60,801.76. Following the purchase, the director now owns 11,942 shares of the company's stock, valued at approximately $860,301.68. This represents a 7.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Fidelity National Information Services
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Canada Pension Plan Investment Board boosted its stake in Fidelity National Information Services by 32.3% in the first quarter. Canada Pension Plan Investment Board now owns 445,696 shares of the information technology services provider's stock valued at $33,285,000 after acquiring an additional 108,933 shares during the last quarter. State of Wyoming boosted its position in shares of Fidelity National Information Services by 19.4% during the first quarter. State of Wyoming now owns 6,821 shares of the information technology services provider's stock worth $509,000 after purchasing an additional 1,108 shares in the last quarter. Landscape Capital Management L.L.C. bought a new position in shares of Fidelity National Information Services during the first quarter worth $1,157,000. Broyhill Asset Management LLC boosted its position in shares of Fidelity National Information Services by 48.2% during the first quarter. Broyhill Asset Management LLC now owns 72,625 shares of the information technology services provider's stock worth $5,424,000 after purchasing an additional 23,619 shares in the last quarter. Finally, Wealth Preservation Advisors LLC bought a new position in shares of Fidelity National Information Services during the first quarter worth $50,000. 96.23% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have commented on FIS shares. Stephens upped their price objective on Fidelity National Information Services from $90.00 to $100.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. Wells Fargo & Company lowered their target price on Fidelity National Information Services from $88.00 to $80.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 12th. Morgan Stanley reduced their price target on Fidelity National Information Services from $92.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. TD Cowen raised Fidelity National Information Services from a "hold" rating to a "buy" rating and set a $92.00 target price on the stock in a research report on Monday, April 21st. Finally, Robert W. Baird lifted their price target on Fidelity National Information Services from $80.00 to $82.00 and gave the stock a "neutral" rating in a research note on Friday, April 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, Fidelity National Information Services currently has an average rating of "Moderate Buy" and an average target price of $91.11.
Check Out Our Latest Research Report on Fidelity National Information Services
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Fidelity National Information Services
(
Get Free Report)
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.
Further Reading
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