Key Points
- Director Jeffrey Goldstein bought 941 shares on January 15 at an average price of $64.11 (≈$60,327), increasing his holdings to 14,529 shares—a 6.93% rise in ownership.
- FIS beat quarterly estimates with EPS of $1.51 versus $1.48 and revenue of $2.72B versus $2.65B, and set FY2025 guidance of EPS 5.740–5.780 (analysts’ consensus ≈5.74).
- The company declared a $0.40 quarterly dividend ($1.60 annualized, ~2.7% yield) but shows a very high payout ratio of 592.59%.
Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) Director Jeffrey Goldstein purchased 941 shares of the firm's stock in a transaction dated Thursday, January 15th. The stock was purchased at an average cost of $64.11 per share, with a total value of $60,327.51. Following the acquisition, the director directly owned 14,529 shares in the company, valued at $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Fidelity National Information Services Stock Performance
FIS stock opened at $60.02 on Wednesday. Fidelity National Information Services, Inc. has a 1-year low of $59.51 and a 1-year high of $83.97. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. The firm has a market cap of $31.08 billion, a PE ratio of 222.31, a P/E/G ratio of 0.94 and a beta of 0.93. The business's 50-day moving average price is $65.61 and its two-hundred day moving average price is $68.69.
Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The information technology services provider reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the prior year, the company earned $1.40 earnings per share. The company's revenue for the quarter was up 5.7% compared to the same quarter last year. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. As a group, research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.
Fidelity National Information Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, December 9th. This represents a $1.60 dividend on an annualized basis and a yield of 2.7%. Fidelity National Information Services's payout ratio is presently 592.59%.
Hedge Funds Weigh In On Fidelity National Information Services
Several hedge funds have recently modified their holdings of FIS. NewSquare Capital LLC raised its holdings in Fidelity National Information Services by 115.1% during the second quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider's stock worth $29,000 after acquiring an additional 191 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Fidelity National Information Services during the 3rd quarter worth approximately $29,000. LRI Investments LLC raised its stake in shares of Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider's stock worth $29,000 after purchasing an additional 374 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at approximately $29,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $33,000. Institutional investors own 96.23% of the company's stock.
Analysts Set New Price Targets
A number of brokerages recently commented on FIS. UBS Group raised their price objective on shares of Fidelity National Information Services from $82.00 to $83.00 and gave the stock a "buy" rating in a report on Thursday, November 6th. Compass Point dropped their price target on Fidelity National Information Services from $90.00 to $81.00 and set a "buy" rating on the stock in a research note on Tuesday, January 13th. Citigroup upgraded Fidelity National Information Services to a "hold" rating in a report on Thursday, October 23rd. Royal Bank Of Canada decreased their price objective on Fidelity National Information Services from $93.00 to $86.00 and set an "outperform" rating for the company in a report on Thursday, November 6th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Fidelity National Information Services in a research report on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services has an average rating of "Moderate Buy" and an average target price of $81.41.
Check Out Our Latest Analysis on FIS
Fidelity National Information Services Company Profile
(
Get Free Report)
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.
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