Fidelity National Information Services (FIS)
The Company is a providers of processing services to financial institutions, with the market positions in core processing, card issuing services, check risk management, mortgage processing, and lender processing services in the U.S.
Recs
This company was individually screened to verify that during the boom years ('04-'08), their Balance Sheet expansion appeared excessive. The company operates within the FIRE (Financial Insurance Real Estate) sector of the economy which has been hot the past few decades, yet will run out of steam this coming decade. At some point or another, something's gotta give with this company. Income will start collapsing due to debt levels, and/or dividends will be slashed or removed, and/or significant losses will be realized. The chances of this being a growth company or having significant growth is heavily muted due to its dividend paying obligations at the current levels of today.
This company was personally found after using a screener.
initial google screen:
Market cap over 400M
Dividend yield over 1%
1 Year price change better than -35%
price to book 0.9 or higher
total debt/equity (recent qtr) greater than 50%
13 week price change greater than 17%
After individually screening for companies appearing overvalued due to Balance sheet expansion, it yielded the following stocks to short:
EVR NTRS PRSP JEF LAZ FIS RJF
For the heavy shorting within the FIRE sector as part of the above picks, I will offset them with the following longs relating to FIRE companies:
LONG on BX CVBF UTR
This will be the primary focus of this profile, to seek & obtain alpha from long/short dividend opportunities across various industries.
- ALPHADividend
Recs
Intrinsic business value of $22.13
Recs
Looking to play a market bounce with undervalued companies such as this.
Recs
director sold over $80million worth of stock
Recs
It does not plan to make money and also they withheld raises and have a hiring freeze. The only department making money are eft and item processing other divisions lost 1.2 million last year alone,
Recs
Fidelity National Information Services, Inc. (FIS) is a provider of core processing services, card issuer and transaction processing and mortgage-related services to financial institutions, mortgage lenders and servicers. Over 50% of all United States residential mortgages are processed using FISGÇÖ mortgage servicing platform. FIS is a member of Standard and PoorGÇÖs (S&P) 500 Index. The Company operates in two business segments: Transaction Processing Services (TPS) and Lender Processing Services (LPS). The primary components of the TPS segment are Integrated Financial Solutions, Enterprise Solutions and International. The primary components of the LPS segment are Mortgage Processing and Information Services, which includes loan facilitation services, default management, and other information and outsourcing-based services. 31,000 Employees.
52 Week High 57.80
52 Week Low 35.73
Volume 6.17 Mil
Average Daily Volume (13wk) 772,176
50 Day Moving Average 40.33
200 Day Moving Average 45.68
Volatility (beta) 0.48
Recs
The upcoming spin of will increase the market awareness of the value of this company stock.
Recs
Fidelity is an elite money management company. they are a strong competitor in the northeast. They have been successful despite the sub prime mortgage crunch since this summer
Recs
ptry nmr rah
Recs
Behavioral finance in the market is outweighing the stocks strong fundamentals. Once the dust has settled and the seperation is complete of LPS and TPS, both stocks will rebound strongly.
Recs
This company makes smart aquisitions at the right time for the right price. They promote strong decision makers and give them the tools to succeed. They are in the right market at the right time in history. The stars are aligned for this company, and I predict good things for this stock over the next few years and beyond.
Recs
Making many acquisitions and moving IT infrastucutre to a cheaper location.
Recs
A bit expensive for the short term. Don't see it sustaining $47 for the next few weeks.
Recs
looks like a winner, not much downside. give it a year
Recs
Freshly spun off from FNF....reaching into new markets and stealing customers from competitors!
Recs
FIS is a cash cow. No matter how the Mortgage industry or banks do, FIS will do well processing mortgages. They're insulated from normal swings of the real estate market.
They also just got a big deal with Chase.

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