FIS

Do Analysts Recommend FIS at $57.41?

Friday we watched Fidelity National Information Services rise 1.3% to a price of $57.41 per share. The large-cap Business Services company is now trading -27.7% below its average target price of $79.41. Analysts have set target prices ranging from $56.0 to $167.0 per share for Fidelity National Information Services, and have given the stock an average rating of buy.

Fidelity National Information Services's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.8%. The stock's short ratio is 1.35. The company's insiders own 0.31% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 94.1%. In conclusion, we believe there is positive market sentiment regarding Fidelity National Information Services.

Institutions Invested in Fidelity National Information Services

Date Reported Holder Percentage Shares Value
2022-12-31 Blackrock Inc. 10% 57,169,956 $3,282,127,165
2022-12-31 Vanguard Group, Inc. (The) 8% 50,045,611 $2,873,118,519
2022-12-31 Wellington Management Group, LLP 5% 26,714,029 $1,533,652,400
2022-12-31 Dodge & Cox Inc 4% 26,220,615 $1,505,325,503
2022-12-31 Capital International Investors 4% 26,108,152 $1,498,869,002
2022-12-31 State Street Corporation 4% 26,089,241 $1,497,783,321
2022-12-31 Massachusetts Financial Services Co. 2% 13,031,710 $748,150,469
2022-12-31 Geode Capital Management, LLC 2% 10,465,256 $600,810,345
2022-12-31 Bank of America Corporation 2% 10,210,921 $586,208,973
2022-12-31 Morgan Stanley 2% 9,502,109 $545,516,076
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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