Barclays PLC decreased its position in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 7.5% during the third quarter, HoldingsChannel reports. The firm owned 1,663,707 shares of the information technology services provider’s stock after selling 135,656 shares during the quarter. Barclays PLC’s holdings in Fidelity National Information Services were worth $109,705,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also modified their holdings of FIS. Raiffeisen Bank International AG bought a new position in Fidelity National Information Services in the 3rd quarter worth $29,000. LRI Investments LLC boosted its holdings in Fidelity National Information Services by 613.1% during the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after acquiring an additional 374 shares during the period. Root Financial Partners LLC bought a new stake in Fidelity National Information Services during the third quarter valued at about $29,000. Valued Wealth Advisors LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at about $42,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in shares of Fidelity National Information Services in the third quarter worth about $37,000. 96.23% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently weighed in on FIS shares. Susquehanna cut their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Raymond James Financial lowered their target price on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Keefe, Bruyette & Woods cut their price target on Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Citigroup cut their price target on Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Finally, TD Cowen reduced their price objective on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.85.
Fidelity National Information Services Stock Up 1.7%
Shares of FIS opened at $51.44 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The company has a 50-day simple moving average of $56.45 and a 200-day simple moving average of $62.94. Fidelity National Information Services, Inc. has a 52 week low of $46.16 and a 52 week high of $82.74. The firm has a market capitalization of $26.46 billion, a P/E ratio of 70.47, a P/E/G ratio of 0.50 and a beta of 0.90.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the business earned $1.40 earnings per share. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. On average, equities research analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.
Fidelity National Information Services Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s payout ratio is 219.18%.
Insider Activity
In other news, Director Jeffrey A. Goldstein bought 941 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was acquired at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the purchase, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.21% of the company’s stock.
Fidelity National Information Services 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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