Sei Investments Co. Has $44.40 Million Stock Position in Fidelity National Information Services, Inc. $FIS

Sei Investments Co. raised its position in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 36.2% in the first quarter, HoldingsChannel reports. The fund owned 946,377 shares of the information technology services provider’s stock after purchasing an additional 251,482 shares during the quarter. Sei Investments Co.’s holdings in Fidelity National Information Services were worth $44,395,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BOKF NA lifted its holdings in shares of Fidelity National Information Services by 0.6% in the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after purchasing an additional 159 shares in the last quarter. Fiduciary Trust Co increased its stake in 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 valued at $228,000 after purchasing an additional 161 shares in the last quarter. FJ Capital Management LLC increased its stake in Fidelity National Information Services by 4.7% during the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after purchasing an additional 163 shares in the last quarter. Spire Wealth Management raised its holdings in Fidelity National Information Services by 15.6% during the fourth quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after buying an additional 175 shares during the last quarter. Finally, Salomon & Ludwin LLC lifted its stake in shares of Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Analyst Upgrades and Downgrades

FIS has been the subject of several recent research reports. Citigroup decreased their target price on shares of Fidelity National Information Services from $53.00 to $48.00 in a research report on Friday, May 8th. Stephens cut their price target on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft decreased their price objective on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Weiss Ratings lowered Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, July 9th. Finally, BNP Paribas Exane cut their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $58.68.

Read Our Latest Report on FIS

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $41.58 on Monday. The firm has a 50-day moving average of $40.87 and a 200-day moving average of $47.34. The company has a market cap of $21.49 billion, a P/E ratio of 8.06, a P/E/G ratio of 0.41 and a beta of 0.80. 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 one year low of $37.42 and a one year high of $82.62.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its quarterly earnings results 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 net margin of 23.35% and a return on equity of 21.30%. The business had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the company earned $1.21 earnings per share. The firm’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. Equities research analysts forecast that Fidelity National Information Services, Inc. will post 6.28 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 34.11%.

Fidelity National Information Services 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.

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

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