ASR Vermogensbeheer N.V. Has $3.93 Million Position in Fidelity National Information Services, Inc. $FIS

ASR Vermogensbeheer N.V. raised its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 13.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,245 shares of the information technology services provider’s stock after acquiring an additional 5,675 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Fidelity National Information Services were worth $3,928,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Cantor Fitzgerald Investment Advisors L.P. lifted its stake in Fidelity National Information Services by 0.9% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 181,960 shares of the information technology services provider’s stock valued at $14,813,000 after purchasing an additional 1,622 shares during the last quarter. LBP AM SA lifted its position in shares of Fidelity National Information Services by 12.8% in the second quarter. LBP AM SA now owns 3,888 shares of the information technology services provider’s stock valued at $317,000 after buying an additional 442 shares during the last quarter. Truist Financial Corp lifted its position in shares of Fidelity National Information Services by 6.6% in the second quarter. Truist Financial Corp now owns 74,869 shares of the information technology services provider’s stock valued at $6,095,000 after buying an additional 4,619 shares during the last quarter. One Wealth Advisors LLC lifted its holdings in Fidelity National Information Services by 15.7% during the 2nd quarter. One Wealth Advisors LLC now owns 18,344 shares of the information technology services provider’s stock valued at $1,493,000 after purchasing an additional 2,495 shares during the last quarter. Finally, Alliance Wealth Advisors LLC acquired a new stake in Fidelity National Information Services during the 2nd quarter valued at $205,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on FIS. Robert W. Baird raised their price target on Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 16th. Susquehanna cut their price objective on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, September 12th. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Saturday, September 27th. UBS Group raised Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a report on Tuesday. Finally, Truist Financial lifted their price target on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, July 17th. Thirteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.00.

Fidelity National Information Services Stock Up 0.4%

NYSE FIS opened at $66.71 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. Fidelity National Information Services, Inc. has a 1-year low of $63.00 and a 1-year high of $91.98. The company has a 50 day moving average of $69.73 and a 200-day moving average of $75.07. The company has a market cap of $34.85 billion, a price-to-earnings ratio of 370.60 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share for the quarter, meeting the consensus estimate of $1.36. The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.36 EPS. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. On average, equities research analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, September 10th. Fidelity National Information Services’s payout ratio is 888.89%.

About Fidelity National Information Services

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.