Fidelity National Information Services, Inc. $FIS Holdings Decreased by Andra AP fonden

Andra AP fonden reduced its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 38.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,500 shares of the information technology services provider’s stock after selling 18,534 shares during the quarter. Andra AP fonden’s holdings in Fidelity National Information Services were worth $1,384,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FIS. BOKF NA increased its position in Fidelity National Information Services by 0.6% in the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after purchasing an additional 159 shares during the last quarter. Fiduciary Trust Co boosted its holdings in Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock worth $228,000 after purchasing an additional 161 shares in the last quarter. FJ Capital Management LLC increased its position in Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after buying an additional 163 shares during the last quarter. Spire Wealth Management increased its position in Fidelity National Information Services by 15.6% during the fourth quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after buying an additional 175 shares during the last quarter. Finally, Salomon & Ludwin LLC raised its holdings in Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

FIS has been the subject of a number of recent analyst reports. Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Barclays started coverage on shares of Fidelity National Information Services in a research note on Wednesday, July 8th. They issued an “equal weight” rating and a $44.00 price objective for the company. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Truist Financial decreased their price target on shares of 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. Finally, TD Cowen cut their price objective on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Fidelity National Information Services presently has an average rating of “Hold” and a consensus target price of $58.77.

Fidelity National Information Services Price Performance

NYSE:FIS opened at $40.03 on Friday. The company has a 50-day moving average of $40.88 and a 200-day moving average of $47.51. The company has a market capitalization of $20.69 billion, a price-to-earnings ratio of 7.76, a PEG ratio of 0.40 and a beta of 0.80. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $82.62. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the firm earned $1.21 EPS. Fidelity National Information Services’s quarterly 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. As a group, equities research 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 business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 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.