Banque Cantonale Vaudoise lessened its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 29.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 28,136 shares of the information technology services provider’s stock after selling 11,936 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Fidelity National Information Services were worth $1,870,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Dodge & Cox grew its position in shares of Fidelity National Information Services by 22.2% during the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after acquiring an additional 7,830,710 shares during the period. Balyasny Asset Management L.P. grew its position in shares of Fidelity National Information Services by 585.9% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after acquiring an additional 2,852,118 shares during the period. AQR Capital Management LLC grew its position in shares of Fidelity National Information Services by 71.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock valued at $201,294,000 after acquiring an additional 1,037,100 shares during the period. Nomura Holdings Inc. lifted its stake in Fidelity National Information Services by 32,832.1% in the 3rd quarter. Nomura Holdings Inc. now owns 843,390 shares of the information technology services provider’s stock valued at $55,613,000 after buying an additional 840,829 shares in the last quarter. Finally, Hawk Ridge Capital Management LP lifted its stake in Fidelity National Information Services by 70.6% in the 3rd quarter. Hawk Ridge Capital Management LP now owns 1,830,180 shares of the information technology services provider’s stock valued at $120,682,000 after buying an additional 757,200 shares in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on FIS. Royal Bank Of Canada decreased their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday, May 11th. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Cantor Fitzgerald decreased their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Finally, Raymond James Financial decreased their price target on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Thirteen 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 presently has an average rating of “Moderate Buy” and an average price target of $61.57.
Fidelity National Information Services Trading Up 2.4%
FIS opened at $43.69 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The company’s 50 day simple moving average is $46.52 and its two-hundred day simple moving average is $55.42. Fidelity National Information Services, Inc. has a 1-year low of $41.33 and a 1-year high of $82.74. The firm has a market capitalization of $22.58 billion, a price-to-earnings ratio of 8.47, a price-to-earnings-growth ratio of 0.42 and a beta of 0.82.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last released its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates 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 $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the company posted $1.21 EPS. The business’s revenue was up 30.1% on a year-over-year basis. 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. Analysts expect that Fidelity National Information Services, Inc. will post 6.27 EPS for the current fiscal year.
Fidelity National Information Services Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is presently 34.11%.
Insider Activity at Fidelity National Information Services
In other news, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The shares were purchased at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.28% of the company’s stock.
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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