Quantbot Technologies LP purchased a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 53,149 shares of the information technology services provider’s stock, valued at approximately $2,066,000.
Several other institutional investors and hedge funds have also modified their holdings of FIS. Reflection Asset Management bought a new position in Fidelity National Information Services in the fourth quarter valued at about $34,000. Kemnay Advisory Services Inc. acquired a new position in Fidelity National Information Services during the fourth quarter worth about $42,000. MBM Wealth Consultants LLC bought a new position in shares of Fidelity National Information Services in the first quarter worth about $33,000. DV Equities LLC acquired a new stake in shares of Fidelity National Information Services in the 4th quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of Fidelity National Information Services by 254.5% in the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
FIS has been the subject of a number of research analyst reports. Citigroup lowered their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Cantor Fitzgerald decreased their target price on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a report on Monday, August 10th. Truist Financial dropped their price target on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Finally, Wells Fargo & Company cut their price objective on Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and an average price target of $55.39.
Fidelity National Information Services Stock Up 0.2%
Shares of NYSE FIS opened at $41.42 on Tuesday. The company has a 50 day simple moving average of $41.47 and a 200 day simple moving average of $44.65. The firm has a market cap of $21.41 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a 1 year low of $37.42 and a 1 year high of $71.67. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the company earned $1.36 EPS. The firm’s revenue was up 29.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, research analysts forecast that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.
Fidelity National Information Services Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s payout ratio is 27.04%.
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.
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