Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 1,091.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 46,229 shares of the information technology services provider’s stock after purchasing an additional 42,348 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Fidelity National Information Services were worth $3,072,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. BOKF NA raised its stake in Fidelity National Information Services by 0.6% during the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock valued at $1,848,000 after buying an additional 159 shares in the last quarter. Fiduciary Trust Co raised its stake in Fidelity National Information Services by 4.9% during the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after buying an additional 161 shares in the last quarter. FJ Capital Management LLC raised its stake in Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after buying an additional 163 shares in the last quarter. Spire Wealth Management raised its position in shares of Fidelity National Information Services by 15.6% during the 4th quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after purchasing an additional 175 shares during the period. Finally, Michels Family Financial LLC raised its position in shares of Fidelity National Information Services by 2.9% during the 3rd quarter. Michels Family Financial LLC now owns 6,905 shares of the information technology services provider’s stock worth $455,000 after purchasing an additional 194 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.
Insider Buying and Selling
In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were purchased 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. The trade was a 7.59% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.
Fidelity National Information Services Stock Down 0.1%
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted 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. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period last year, the firm earned $1.21 EPS. The firm’s revenue 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, research analysts predict that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current year.
Fidelity National Information Services Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.0%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 34.11%.
Wall Street Analyst Weigh In
FIS has been the topic of a number of research reports. Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Wells Fargo & Company dropped their price target 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. Deutsche Bank Aktiengesellschaft dropped their price target on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. 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 report on Wednesday, February 25th. Finally, Citigroup dropped their price target on Fidelity National Information Services from $53.00 to $48.00 in a research report on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services has an average rating of “Moderate Buy” and an average target price of $61.57.
Read Our Latest Analysis on Fidelity National Information Services
About Fidelity National Information Services
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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