12,130 Shares in Fidelity National Information Services, Inc. $FIS Purchased by Neo Ivy Capital Management

Neo Ivy Capital Management purchased a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the third quarter, HoldingsChannel.com reports. The firm purchased 12,130 shares of the information technology services provider’s stock, valued at approximately $800,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Pinnacle Bancorp Inc. lifted its stake in shares of Fidelity National Information Services by 21.9% in the third quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider’s stock worth $55,000 after buying an additional 150 shares in the last quarter. Wealthspire Advisors LLC increased its position in shares of Fidelity National Information Services by 3.1% during the second quarter. Wealthspire Advisors LLC now owns 5,426 shares of the information technology services provider’s stock valued at $442,000 after acquiring an additional 162 shares in the last quarter. FJ Capital Management LLC increased its position in shares of 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 valued at $293,000 after acquiring an additional 163 shares in the last quarter. Gratus Wealth Advisors LLC raised its holdings in Fidelity National Information Services by 1.4% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider’s stock worth $817,000 after acquiring an additional 170 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its position in Fidelity National Information Services by 0.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 24,042 shares of the information technology services provider’s stock valued at $1,981,000 after acquiring an additional 175 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of Fidelity National Information Services stock in a transaction dated Thursday, January 15th. The stock was purchased at an average price of $64.11 per share, with a total value of $60,327.51. Following the transaction, the director directly owned 14,529 shares of the company’s stock, valued at $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.21% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on FIS. Wells Fargo & Company reduced their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price objective on shares of Fidelity National Information Services in a research report on Thursday, January 15th. Raymond James Financial reduced their price objective on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Compass Point decreased their target price on Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Finally, UBS Group lowered their target price on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.85.

Fidelity National Information Services Price Performance

NYSE FIS opened at $51.44 on Friday. The business’s fifty day moving average price is $56.45 and its 200-day moving average price is $62.94. The stock has a market capitalization of $26.46 billion, a price-to-earnings ratio of 70.47, a PEG ratio of 0.50 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a 1-year low of $46.16 and a 1-year high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). The firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.40 EPS. 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 analysts predict 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 declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.44 per share. The ex-dividend date is Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.4%. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio is presently 219.18%.

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.