SG Americas Securities LLC Has $61.33 Million Stock Position in Fidelity National Information Services, Inc. $FIS

SG Americas Securities LLC lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 126.9% during the first quarter, HoldingsChannel reports. The firm owned 1,307,288 shares of the information technology services provider’s stock after acquiring an additional 731,262 shares during the quarter. SG Americas Securities LLC’s holdings in Fidelity National Information Services were worth $61,325,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FIS. Brighton Jones LLC acquired a new stake in Fidelity National Information Services in the fourth quarter valued at $347,000. Geneos Wealth Management Inc. increased its stake in shares of Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $302,000. Marshall Wace LLP bought a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $4,896,000. Finally, Cresset Asset Management LLC lifted its stake in Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after purchasing an additional 901 shares during the last quarter. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Down 1.3%

Fidelity National Information Services stock opened at $37.71 on Tuesday. The stock has a market cap of $19.49 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.37 and a beta of 0.79. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $82.74. The company’s 50-day moving average price is $43.27 and its two-hundred day moving average price is $51.69.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the business posted $1.21 earnings per share. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. 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, analysts expect that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Truist Financial cut their price objective on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a research report on Thursday, May 28th. Oppenheimer reduced their target price on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. 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 report on Wednesday, February 25th. Finally, Susquehanna dropped their price target on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services 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.