BI Asset Management Fondsmaeglerselskab A S Acquires 43,041 Shares of Fidelity National Information Services, Inc. $FIS

BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 10.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 447,017 shares of the information technology services provider’s stock after purchasing an additional 43,041 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Fidelity National Information Services were worth $20,970,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Nordea Investment Management AB grew its stake in shares of Fidelity National Information Services by 15.4% in the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock valued at $96,048,000 after buying an additional 191,957 shares in the last quarter. Clear Trail Advisors LLC bought a new stake in Fidelity National Information Services during the fourth quarter worth $2,590,000. SG Americas Securities LLC raised its position in Fidelity National Information Services by 702.1% during the fourth 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 in the last quarter. Brighton Jones LLC acquired a new stake in Fidelity National Information Services in the fourth quarter valued at $347,000. Finally, Norges Bank acquired a new stake in Fidelity National Information Services in the fourth quarter valued at $495,956,000. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. BNP Paribas Exane cut their target price on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reduced their price target on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. UBS Group lowered their price target on Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, Cantor Fitzgerald dropped their price objective on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Fidelity National Information Services presently has an average rating of “Moderate Buy” and an average target price of $61.33.

Fidelity National Information Services Trading Down 0.1%

FIS stock opened at $38.17 on Friday. Fidelity National Information Services, Inc. has a one year low of $37.85 and a one year high of $82.74. The stock has a market cap of $19.73 billion, a price-to-earnings ratio of 7.40, a price-to-earnings-growth ratio of 0.37 and a beta of 0.78. The company has a fifty day moving average price of $43.43 and a two-hundred day moving average price of $52.00. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The company had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the firm earned $1.21 earnings per share. The company’s revenue was up 30.1% on a year-over-year basis. 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 analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 4.6%. Fidelity National Information Services’s dividend payout ratio (DPR) is 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.