Oregon Public Employees Retirement Fund Increases Stock Holdings in Fidelity National Information Services, Inc. $FIS

Oregon Public Employees Retirement Fund boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 31.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,740 shares of the information technology services provider’s stock after purchasing an additional 14,378 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Fidelity National Information Services were worth $3,939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. NewSquare Capital LLC lifted its holdings in shares of Fidelity National Information Services by 115.1% during the 2nd 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 during the period. Steigerwald Gordon & Koch Inc. purchased a new position in Fidelity National Information Services during the third quarter worth approximately $37,000. Valued Wealth Advisors LLC acquired a new position in shares of Fidelity National Information Services in the 2nd quarter valued at $42,000. GFG Capital LLC acquired a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $43,000. Finally, Motco purchased a new position in shares of Fidelity National Information Services in the 3rd quarter worth $45,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Jeffrey A. Goldstein acquired 889 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was bought at an average cost of $67.66 per share, with a total value of $60,149.74. Following the acquisition, the director directly owned 13,588 shares in the company, valued at approximately $919,364.08. The trade was a 7.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.21% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Citigroup raised Fidelity National Information Services to a “hold” rating in a research note on Thursday, October 23rd. Stephens dropped their price objective on shares of Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating for the company in a research report on Thursday, October 16th. UBS Group lifted their target price on shares of Fidelity National Information Services from $82.00 to $83.00 and gave the company a “buy” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. lowered their price target on Fidelity National Information Services from $85.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Finally, Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Eleven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $84.44.

Fidelity National Information Services Trading Down 1.0%

NYSE:FIS opened at $66.84 on Monday. The stock has a market cap of $34.61 billion, a price-to-earnings ratio of 247.55 and a beta of 0.93. Fidelity National Information Services, Inc. has a one year low of $59.51 and a one year high of $83.97. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.53 and a current ratio of 0.53. The business’s 50-day simple moving average is $65.74 and its 200 day simple moving average is $69.57.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data 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. The company had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.65 billion. Fidelity National Information Services had a return on equity of 19.76% and a net margin of 1.45%.Fidelity National Information Services’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.40 EPS. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. As a group, sell-side analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Tuesday, December 9th. Fidelity National Information Services’s dividend payout ratio is 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.