Geode Capital Management LLC has acquired 208,127 shares of
Fidelity National Information Services (FIS), thereby boosting FIS's stock position further. Simultaneously,
Westpac Banking Corp has secured 24,065 shares of FIS, while other significant purchases include that by
Arrowstreet Capital Limited Partnership,
Korea Investment CORP,
Blair William & Co. IL, and
Norges Bank.
Recently, FIS launched an innovative
Securities Matching Solution to maximize efficiencies and an AI-Powered Treasury GPT with Microsoft Azure. It also acquired Demica and Dragonfly, indicating an expansion of its services.
There have been varying perspectives on FIS's stock performance. While some consider it a top value and momentum stock for the long term, others believe it to be among the worst-performing IT services stocks. However, it has been identified as a promising fintech stock by some reports.
In terms of financial performance, FIS's Q4 2024 earnings call highlighted strong EPS, and it announced an increased quarterly dividend. However, it also experienced a crash and perceived disappointing outlook. FIS has been named a leader in several reports and has also won awards for innovation and excellence in treasury management, indicating continued industry recognition and growth.
Fidelity National Information Services FIS News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 05 Apr 2025 20:26:12 GMT -
Rating 1
- Innovation 8
- Information 6
- Rumor -5
