Anchor Capital Advisors LLC Sells 408,369 Shares of Fidelity National Information Services, Inc. $FIS

Anchor Capital Advisors LLC lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 98.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,857 shares of the information technology services provider’s stock after selling 408,369 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Fidelity National Information Services were worth $522,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in Fidelity National Information Services during the 4th quarter worth about $347,000. Geneos Wealth Management Inc. grew its holdings in shares of Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after buying an additional 431 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $302,000. Marshall Wace LLP bought a new stake in shares of Fidelity National Information Services in the second quarter worth $4,896,000. Finally, Cresset Asset Management LLC lifted its position in Fidelity National Information Services by 20.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after buying an additional 901 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Price Performance

Shares of FIS opened at $40.90 on Thursday. The stock has a market cap of $21.14 billion, a P/E ratio of 7.93, a P/E/G ratio of 0.42 and a beta of 0.78. The business’s fifty day moving average is $45.24 and its 200 day moving average is $54.02. Fidelity National Information Services, Inc. has a 12-month low of $40.33 and a 12-month high of $82.74. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter last year, the company earned $1.21 earnings per share. 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. Sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FIS shares. Truist Financial cut their price objective on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a report on Thursday, May 28th. UBS Group dropped their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Citigroup reduced their price objective on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Weiss Ratings raised Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, Raymond James Financial dropped their price target on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $61.33.

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.