GSA Capital Partners LLP acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) during the 4th quarter, Holdings Channel reports. The firm acquired 14,449 shares of the information technology services provider’s stock, valued at approximately $960,000.
Other large investors have also made changes to their positions in the company. Nordea Investment Management AB lifted its position 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 acquiring an additional 191,957 shares in the last quarter. AGF Management Ltd. purchased a new stake in shares of Fidelity National Information Services in the third quarter worth about $3,096,000. Clear Trail Advisors LLC purchased a new stake in shares of Fidelity National Information Services in the fourth quarter worth about $2,590,000. Independent Advisor Alliance lifted its position in shares of Fidelity National Information Services by 177.8% in the third quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider’s stock worth $2,637,000 after buying an additional 25,593 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of Fidelity National Information Services by 45.1% in the third quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock worth $17,508,000 after buying an additional 82,518 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently commented on FIS. Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Wells Fargo & Company decreased their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Royal Bank Of Canada decreased their target price on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Finally, Stephens decreased their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $61.57.
Insiders Place Their Bets
In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were purchased at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the purchase, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This represents a 7.59% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.28% of the stock is owned by insiders.
Fidelity National Information Services Trading Down 0.1%
Shares of NYSE FIS opened at $43.60 on Friday. The business’s 50 day moving average is $46.39 and its two-hundred day moving average is $55.34. 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, Inc. has a 1-year low of $41.33 and a 1-year high of $82.74. The stock has a market capitalization of $22.53 billion, a P/E ratio of 8.45, a PEG ratio of 0.43 and a beta of 0.82.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping 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 company had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the firm posted $1.21 earnings per share. The firm’s revenue for the quarter 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, research analysts expect that Fidelity National Information Services, Inc. will post 6.27 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 paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 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.
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