American Century Companies Inc. Reduces Position in Fidelity National Information Services, Inc. $FIS

American Century Companies Inc. cut its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 44.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,747 shares of the information technology services provider’s stock after selling 26,918 shares during the period. American Century Companies Inc.’s holdings in Fidelity National Information Services were worth $2,520,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FIS. Sierra Ocean LLC boosted its stake in shares of Fidelity National Information Services by 356.0% during the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 267 shares during the period. YANKCOM Partnership boosted its stake in shares of Fidelity National Information Services by 118.8% during the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 190 shares during the period. Meeder Asset Management Inc. boosted its stake in shares of Fidelity National Information Services by 92.1% during the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 164 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in shares of Fidelity National Information Services by 179.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 250 shares during the period. Finally, Kennebec Savings Bank boosted its stake in shares of Fidelity National Information Services by 71.3% during the 1st quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider’s stock worth $33,000 after purchasing an additional 186 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Trading Up 0.1%

NYSE:FIS opened at $69.79 on Monday. Fidelity National Information Services, Inc. has a one year low of $66.51 and a one year 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. The firm has a market cap of $36.45 billion, a P/E ratio of 387.72 and a beta of 1.05. The firm has a 50-day simple moving average of $76.78 and a 200-day simple moving average of $75.75.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the previous year, the business posted $1.36 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. 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. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.3%. Fidelity National Information Services’s payout ratio is currently 888.89%.

Wall Street Analyst Weigh In

A number of research firms recently commented on FIS. Keefe, Bruyette & Woods dropped their price target on shares of 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. UBS Group lowered their price objective on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Stephens boosted their price objective on shares of Fidelity National Information Services from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, May 7th. Robert W. Baird boosted their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Finally, Truist Financial boosted their price objective on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Thursday, July 17th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and an average price target 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.