Stocks

Callan Family Office Increases Stake in Fidelity National Information Services

Published March 8, 2025

Callan Family Office LLC significantly increased its investment in Fidelity National Information Services, Inc. (NYSE:FIS) by an impressive 666.6% during the fourth quarter, as reported in the latest 13F filing with the Securities and Exchange Commission. Following this enhancement, the firm now holds 24,507 shares in the information technology services provider, reflecting an addition of 21,310 shares acquired during this period. As per the recent filing, Callan Family Office's holdings in Fidelity National Information Services are valued at approximately $1,979,000.

Fiserv's Growth Prospects Shine As Other Financials Slump

Other institutional investors have also made adjustments to their positions in FIS. Larson Financial Group LLC increased its investment by 94.1% in the third quarter, now owning 328 shares worth about $27,000 after acquiring an extra 159 shares. Additionally, Kennebec Savings Bank initiated a new stake in Fidelity National Information Services valued around $28,000 in the same quarter. R Squared Ltd also noted entry into this stock during the fourth quarter with a stake worth approximately $30,000. Meanwhile, Groupama Asset Management slightly enhanced its stake by 0.8% in the third quarter, owning 42,342 shares worth $35,000 after adding 319 shares in the last quarter. Finally, Morse Asset Management Inc. acquired a new stake in the third quarter, valued at about $37,000. Institutional investors and hedge funds hold 96.23% of FIS stock.

Fidelity National Information Services Stock Performance

The stock of Fidelity National Information Services (NYSE:FIS) opened at $71.47 on Friday. The company has experienced a low of $66.72 and a high of $91.98 in the past year. Its fifty-day simple moving average stands at $76.36, while the 200-day simple moving average is $82.02. Current financial metrics reveal a current ratio and quick ratio of 0.85 and a debt-to-equity ratio of 0.62. The company has established a market capitalization of $37.86 billion, a PE ratio of 27.38, a PEG ratio of 1.23, and a beta of 1.11.

Recently, Fidelity National Information Services announced its earnings results for the quarter ending on February 11th. The company reported earnings per share (EPS) of $1.40, surpassing analysts' expectations of $1.35 by $0.05. The company achieved a net margin of 14.54% alongside a return on equity of 17.30%. Last year, the company reported an EPS of $0.94. Current expectations from sell-side analysts suggest Fidelity National Information Services, Inc. will report an EPS of 5.74 for the year.

Fidelity National Information Services Increases Dividend

Additionally, Fidelity National Information Services declared a quarterly dividend, set to be distributed on March 25th. Shareholders who are on record as of March 11th will receive a dividend of $0.40 per share, with an ex-dividend date also set for March 11th. This revised dividend reflects an increase from the previous quarterly dividend of $0.36, marking an annualized rate of $1.60 and a yield of 2.24%. The company's dividend payout ratio (DPR) is currently at 61.30%.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein purchased 701 shares of Fidelity National Information Services on January 15th. This purchase, valued at an average of $79.97 per share, amounted to $56,058.97. Following this transaction, Goldstein now owns a total of 11,098 shares in the company, with an approximate value of $887,507.06. This acquisition signifies a 6.74% increase in his stock ownership. The transaction details were filed with the SEC, available for public access. Insiders currently hold 0.20% of the company's shares.

Analyst Ratings Changes

Recently, various analysts have commented on the shares of FIS. Barclays adjusted their target price for Fidelity National Information Services from $102.00 to $85.00 while maintaining an "overweight" rating. In another review, BNP Paribas revised their rating from "neutral" to "underperform" on November 20th. Additionally, UBS Group lowered the target price from $94.00 to $81.00 and assigned a "neutral" rating on February 12th. Stephens also reduced its target price from $100.00 to $90.00 while retaining their "overweight" position. Lastly, Keefe, Bruyette & Woods cut their forecast from $102.00 to $92.00, giving the stock an "outperform" rating. Overall, one analyst has given the stock a sell rating, ten have rated it hold, and eleven have issued buy ratings, resulting in a consensus rating of "Hold" with an average price target of $88.65.

Get Our Latest Research Report on Fidelity National Information Services

About Fidelity National Information Services

(Free Report) Fidelity National Information Services, Inc. provides financial services technology solutions to financial institutions, businesses, and developers globally. Its operations are divided into Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company offers a range of services including core processing and ancillary applications, mobile and online banking, fraud and risk management solutions, compliance services, card and retail payment services, electronic funds transfer, wealth and retirement management, and more.

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Current market insights reveal that while Fidelity National Information Services holds a "Hold" rating among analysts, several top-rated experts suggest alternative stocks that may be better investment opportunities at this time.

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