BI Asset Management Fondsmaeglerselskab A S Sells 21,545 Shares of Fidelity National Information Services, Inc. $FIS

BI Asset Management Fondsmaeglerselskab A S decreased its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 5.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 403,976 shares of the information technology services provider’s stock after selling 21,545 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Fidelity National Information Services were worth $26,848,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its holdings in Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 194 shares during the last quarter. Raiffeisen Bank International AG acquired a new position in Fidelity National Information Services during the 3rd quarter valued at about $29,000. GoalVest Advisory LLC acquired a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after acquiring an additional 362 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of Fidelity National Information Services by 254.5% in the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after acquiring an additional 598 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 1.1%

Shares of Fidelity National Information Services stock opened at $41.03 on Friday. The business has a fifty day simple moving average of $44.96 and a two-hundred day simple moving average of $53.77. The company has a market capitalization of $21.21 billion, a price-to-earnings ratio of 7.95, a P/E/G ratio of 0.41 and a beta of 0.78. Fidelity National Information Services, Inc. has a 1 year low of $40.33 and a 1 year high of $82.74. 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 announced its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (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 net margin of 23.35% and a return on equity of 21.30%. Fidelity National Information Services’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Research analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Announces Dividend

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 $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 34.11%.

Wall Street Analysts Forecast Growth

Several analysts have commented on FIS shares. Susquehanna dropped their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Keefe, Bruyette & Woods dropped their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. UBS Group dropped their target price on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Stephens decreased their price target on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.