Voya Investment Management LLC Reduces Stock Position in Fidelity National Information Services, Inc. $FIS

Voya Investment Management LLC reduced its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 6.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,969 shares of the information technology services provider’s stock after selling 10,018 shares during the period. Voya Investment Management LLC’s holdings in Fidelity National Information Services were worth $11,424,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. 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 Down 0.7%

Shares of Fidelity National Information Services stock opened at $66.44 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a 12-month low of $65.66 and a 12-month high of $91.98. The firm has a market capitalization of $34.71 billion, a price-to-earnings ratio of 369.13 and a beta of 1.05. The firm’s 50 day simple moving average is $73.61 and its two-hundred day simple moving average is $75.58.

Fidelity National Information Services (NYSE:FIS) 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 analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the prior year, the business posted $1.36 EPS. Fidelity National Information Services’s revenue for the quarter 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. Analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. Fidelity National Information Services’s dividend payout ratio is presently 888.89%.

Analysts Set New Price Targets

A number of research firms recently commented on FIS. Truist Financial lifted their price target on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, July 17th. 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 dropped their price target on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Finally, Robert W. Baird lifted their price target on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. Twelve 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $91.39.

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.