Fidelity National Information Services, Inc. (FIS) has been the subject of significant activity and attention in recent times. A variety of asset management firms, including Heck Capital Advisors LLC, Swedbank AB, and Forsta AP Fonden, recently acquired significant shares in FIS. Furthermore, FIS, outlined as a resilient company, is deemed as one of the top undervalued tech stocks to invest in according to hedge funds, driving positive sentiments around its future. The <$0.40> quarterly dividend was a significant announcement, as was the news of unusually large options trading. Despite setbacks such as the entanglement in Capital One's outage, FIS shows strong momentum for the long run, showing signs of getting its payment mojo back and drawing fintech startups into its accelerator. On the downside, over the past five years, investors suffered a 42% loss, but recent performance metrics indicate a positive turnaround. Recent acquisitions and positive earnings reinforce this, indicating a bullish movement. Finally, although FIS has seen a large decline in short interest, it remains a viable fintech stock riding the AI wave higher.
Fidelity National Information Services FIS News Analytics from Wed, 15 May 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:46:16 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 4
