Diamond Hill Capital Management Inc. Has $29.07 Million Stock Holdings in Fidelity National Information Services, Inc. $FIS

Diamond Hill Capital Management Inc. lifted its stake in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 13.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 437,370 shares of the information technology services provider’s stock after buying an additional 51,275 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Fidelity National Information Services were worth $29,068,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. BOKF NA lifted its stake in shares of Fidelity National Information Services by 0.6% during the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after buying an additional 159 shares during the last quarter. Fiduciary Trust Co lifted its stake in shares of Fidelity National Information Services by 4.9% during the 3rd quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock worth $228,000 after buying an additional 161 shares during the last quarter. FJ Capital Management LLC raised its stake in Fidelity National Information Services by 4.7% in the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after purchasing an additional 163 shares in the last quarter. Spire Wealth Management boosted its holdings in Fidelity National Information Services by 15.6% in the 4th quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock valued at $86,000 after purchasing an additional 175 shares during the period. Finally, Michels Family Financial LLC boosted its holdings in Fidelity National Information Services by 2.9% in the 3rd quarter. Michels Family Financial LLC now owns 6,905 shares of the information technology services provider’s stock valued at $455,000 after purchasing an additional 194 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Stephens cut their price objective on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Wells Fargo & Company cut their price objective on shares of 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. UBS Group cut their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. Oppenheimer cut their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Finally, The Goldman Sachs Group cut their price objective on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a report on Monday, May 11th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.57.

Check Out Our Latest Research Report on FIS

Insider Transactions at Fidelity National Information Services

In related news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was acquired 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 directly owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $43.69 on Friday. The firm has a 50 day moving average of $46.52 and a 200-day moving average of $55.42. The stock has a market capitalization of $22.58 billion, a PE ratio of 8.47, a PEG ratio of 0.42 and a beta of 0.82. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. Fidelity National Information Services, Inc. has a 12 month low of $41.33 and a 12 month high of $82.74.

Fidelity National Information Services (NYSE:FISGet Free Report) last issued its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.21 EPS. 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. On average, equities research analysts predict that Fidelity National Information Services, Inc. will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.0%. Fidelity National Information Services’s payout ratio is presently 34.11%.

Fidelity National Information Services Company 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

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

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