Cooper Creek Partners Management LLC Takes $16.57 Million Position in Fidelity National Information Services, Inc. $FIS

Cooper Creek Partners Management LLC purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 353,161 shares of the information technology services provider’s stock, valued at approximately $16,567,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its stake in shares of Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 194 shares in the last quarter. MBM Wealth Consultants LLC acquired a new position in shares of Fidelity National Information Services in the first quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Fidelity National Information Services by 251.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after acquiring an additional 362 shares in the last quarter. Reflection Asset Management purchased a new position in Fidelity National Information Services in the fourth quarter valued at about $34,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Fidelity National Information Services in the fourth quarter valued at about $42,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on FIS. Weiss Ratings downgraded Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 9th. Stephens reduced their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Royal Bank Of Canada decreased their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. UBS Group dropped their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $58.68.

Fidelity National Information Services Price Performance

Shares of FIS opened at $41.58 on Friday. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $82.62. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a fifty day moving average price of $40.87 and a 200 day moving average price of $47.47. The company has a market cap of $21.49 billion, a P/E ratio of 8.06, a PEG ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period last year, the business posted $1.21 earnings per share. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, research analysts forecast that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were given a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Fidelity National Information Services 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.