Fidelity National Information Services Inc. (FIS) has been the focus of many investment firms, with significant developments in stock purchases and sales. Entities such as Verition Fund Management, Cerity Partners, and Harvest Fund Management have notably raised their stock positions. At the same time, other firms like Kingsview Wealth Management and MetLife Investment Management are decreasing their holdings. Prominent events include FIS's Third Quarter 2024 Report exceeding expectations and the company raising its full-year outlook. Forecasts for the company, a key player in fintech, indicate growth fueled by AI developments and expansion of core banking solutions. Despite certain EPS misses, the overall consensus among investors and analysts remains positive, given FIS’s potential for high returns on equity and promising market momentum. Several hedge funds and institutional investors, like Fernbridge Capital Management and the Manufacturers Life Insurance Company, have also notably increased their FIS shareholdings, signaling confidence in FIS's future performance. Lastly, FIS has also been recognized as one of 2024's 'World’s Best Companies' by TIME.
Fidelity National Information Services FIS News Analytics from Mon, 26 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 11:46:39 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -1
