Fox Run Management L.L.C. purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 22,761 shares of the information technology services provider’s stock, valued at approximately $1,513,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Nordea Investment Management AB grew its position in Fidelity National Information Services by 15.4% during the 4th quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after acquiring an additional 191,957 shares during the last quarter. Clear Trail Advisors LLC bought a new position in Fidelity National Information Services during the 4th quarter worth approximately $2,590,000. Assetmark Inc. grew its position in Fidelity National Information Services by 45.1% during the 3rd quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock worth $17,508,000 after acquiring an additional 82,518 shares during the last quarter. SG Americas Securities LLC grew its position in Fidelity National Information Services by 702.1% during the 4th quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock worth $38,283,000 after acquiring an additional 504,215 shares during the last quarter. Finally, Brighton Jones LLC bought a new position in Fidelity National Information Services during the 4th quarter worth approximately $347,000. 96.23% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their price target on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. The Goldman Sachs Group reduced their price target on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. UBS Group dropped their price objective on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Argus dropped their price objective on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $61.33.
Fidelity National Information Services Trading Down 3.5%
FIS opened at $39.54 on Tuesday. The stock has a market cap of $20.44 billion, a PE ratio of 7.66, a PEG ratio of 0.40 and a beta of 0.79. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The business has a 50 day moving average of $44.80 and a 200-day moving average of $53.53. Fidelity National Information Services, Inc. has a 52 week low of $39.52 and a 52 week high of $82.74.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.21 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Equities research analysts predict that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.
Fidelity National Information Services Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.
Fidelity National Information Services Company Profile
Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.
FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.
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