Fidelity National Information Services, Inc. $FIS Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC decreased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 25.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,489 shares of the information technology services provider’s stock after selling 16,721 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Fidelity National Information Services were worth $3,264,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Fidelity National Information Services by 0.6% in the second quarter. Vanguard Group Inc. now owns 63,019,323 shares of the information technology services provider’s stock worth $5,130,403,000 after acquiring an additional 376,499 shares during the last quarter. Dodge & Cox raised its position in shares of Fidelity National Information Services by 1.3% during the 2nd quarter. Dodge & Cox now owns 35,274,497 shares of the information technology services provider’s stock worth $2,871,697,000 after purchasing an additional 466,199 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Fidelity National Information Services by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 13,288,097 shares of the information technology services provider’s stock worth $1,077,157,000 after purchasing an additional 48,968 shares during the last quarter. Boston Partners boosted its position in Fidelity National Information Services by 10.5% during the 2nd quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock valued at $958,537,000 after purchasing an additional 1,122,181 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Fidelity National Information Services by 1.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,224,056 shares of the information technology services provider’s stock worth $832,141,000 after buying an additional 97,843 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was bought at an average cost of $64.11 per share, with a total value of $60,327.51. Following the acquisition, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $70.00 price target on shares of Fidelity National Information Services in a report on Thursday, January 15th. Cantor Fitzgerald started coverage on shares of Fidelity National Information Services in a research report on Tuesday. They issued an “overweight” rating and a $72.00 price objective on the stock. KeyCorp restated a “hold” rating on shares of Fidelity National Information Services in a research report on Wednesday, October 22nd. Stephens cut their price target on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Finally, Keefe, Bruyette & Woods decreased their price objective on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $79.53.

Fidelity National Information Services Price Performance

NYSE FIS opened at $56.16 on Thursday. Fidelity National Information Services, Inc. has a 12 month low of $56.02 and a 12 month high of $83.97. The firm has a market capitalization of $29.08 billion, a PE ratio of 208.01, a P/E/G ratio of 0.86 and a beta of 0.93. The company’s 50 day simple moving average is $65.00 and its 200 day simple moving average is $67.90. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Wednesday, November 5th. The information technology services provider reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.03. Fidelity National Information Services had a return on equity of 19.76% and a net margin of 1.45%.The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same period last year, the company posted $1.40 EPS. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. As a group, equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Tuesday, December 9th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, December 9th. Fidelity National Information Services’s payout ratio is presently 592.59%.

Fidelity National Information Services Company Profile

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.