FIS

Can Market Sentiment Sustain FIS's Price Surge Today?

Fidelity National Information Services stock is trading -5.37% below its average target price of $64.57 after marking a 1.8% during today's morning session. Analysts are giving the large-cap Business Services company an average rating of buy and target prices ranging from $52.0 to $81.0 per share.

Fidelity National Information Services's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.5%. The stock's short ratio is 1.48. The company's insiders own 0.27% 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 94.0%. In conclusion, we believe there is mixed market sentiment regarding Fidelity National Information Services.

Institutions Invested in Fidelity National Information Services

Date Reported Holder Percentage Shares Value
2023-09-30 Blackrock Inc. 10% 58,802,975 $3,592,861,682
2023-09-30 Vanguard Group Inc 10% 57,885,046 $3,536,776,222
2023-09-30 Dodge & Cox Inc 6% 36,661,950 $2,240,045,089
2023-09-30 State Street Corporation 4% 25,251,153 $1,542,845,409
2023-09-30 Capital Research Global Investors 4% 22,375,622 $1,367,150,470
2023-09-30 Geode Capital Management, LLC 2% 12,759,263 $779,590,949
2023-09-30 Bank of America Corporation 2% 12,094,905 $738,998,677
2023-09-30 Barrow, Hanley Mewhinney & Strauss, LLC 2% 11,172,873 $682,662,523
2023-09-30 FIL LTD 2% 10,119,466 $618,299,357
2023-09-30 Longview Partners (Guernsey) LTD 2% 10,006,578 $611,401,900
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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