Victory Capital Management Inc. Decreases Stock Holdings in Fidelity National Information Services, Inc. $FIS

Victory Capital Management Inc. lessened its holdings in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 227,329 shares of the information technology services provider’s stock after selling 14,495 shares during the period. Victory Capital Management Inc.’s holdings in Fidelity National Information Services were worth $14,990,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Root Financial Partners LLC bought a new stake in shares of Fidelity National Information Services in the 3rd quarter worth about $29,000. LRI Investments LLC lifted its stake in shares of Fidelity National Information Services by 613.1% in the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 374 shares during the last quarter. Raiffeisen Bank International AG bought a new position in shares of Fidelity National Information Services during the 3rd quarter valued at approximately $29,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Fidelity National Information Services during the 3rd quarter valued at $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in Fidelity National Information Services in the third quarter worth $43,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein acquired 941 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was purchased at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, 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 position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Stephanie Ferris acquired 19,846 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the transaction, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.21% of the company’s stock.

Key Stories Impacting Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

Fidelity National Information Services Stock Performance

Shares of NYSE:FIS opened at $50.54 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market cap of $26.00 billion, a PE ratio of 69.23, a price-to-earnings-growth ratio of 0.50 and a beta of 0.90. The firm’s 50 day simple moving average is $55.80 and its 200-day simple moving average is $62.61. Fidelity National Information Services, Inc. has a one year low of $46.16 and a one year high of $82.74.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period last year, the company earned $1.40 earnings per share. The firm’s revenue was up 8.2% compared to the same quarter last year. 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. As a group, equities analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a $0.44 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s dividend payout ratio (DPR) is 219.18%.

Analyst Ratings Changes

A number of research firms have weighed in on FIS. Compass Point cut their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Stephens reduced their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Truist Financial decreased their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating for the company in a research note on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 target price on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Finally, TD Cowen decreased their price target on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus target price of $69.86.

Check Out Our Latest Stock Report on FIS

Fidelity National Information Services Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Information Services, Inc. (NYSE:FISFree Report).

Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

Receive News & Ratings for Fidelity National Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Services and related companies with MarketBeat.com's FREE daily email newsletter.