FIS stock icon

Fidelity National Information Services
FIS

$81.36
1.35%

Market Cap: $44.4B

 

About: Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS was providing payment processing services for merchants and holding leading positions in the United States and United Kingdom. But the company sold off a majority interest in Worldpay and now has only a minority stake.

Employees: 60,000

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 12 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

102% more call options, than puts

Call options by funds: $257M | Put options by funds: $127M

33% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 88

3% more funds holding

Funds holding: 963 [Q1] → 992 (+29) [Q2]

1.67% more ownership

Funds ownership: 92.43% [Q1] → 94.1% (+1.67%) [Q2]

0% less capital invested

Capital invested by funds: $39.4B [Q1] → $39.4B (-$8.88M) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 30 [Q1] → 24 (-6) [Q2]

20% less repeat investments, than reductions

Existing positions increased: 322 | Existing positions reduced: 405

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$73
10%
downside
Avg. target
$85
5%
upside
High target
$95
17%
upside

12 analyst ratings

positive
67%
neutral
33%
negative
0%
JP Morgan
Tien-Tsin Huang
59% 1-year accuracy
30 / 51 met price target
9%upside
$89
Overweight
Maintained
20 Aug 2024
Barclays
Ramsey El-Assal
58% 1-year accuracy
22 / 38 met price target
11%upside
$90
Overweight
Maintained
8 Aug 2024
TD Cowen
Bryan Bergin
70% 1-year accuracy
16 / 23 met price target
4%downside
$78
Hold
Maintained
7 Aug 2024
Deutsche Bank
Bryan Keane
0% 1-year accuracy
0 / 2 met price target
10%downside
$73
Hold
Maintained
7 Aug 2024
JP Morgan
Tien-Tsin Huang
59% 1-year accuracy
30 / 51 met price target
4%upside
$85
Overweight
Maintained
7 Aug 2024

Financial journalist opinion

Based on 6 articles about FIS published over the past 30 days