ProShare Advisors LLC Trims Stake in Fidelity National Information Services, Inc. $FIS

ProShare Advisors LLC lowered its stake in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 48.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 109,807 shares of the information technology services provider’s stock after selling 101,239 shares during the quarter. ProShare Advisors LLC’s holdings in Fidelity National Information Services were worth $7,298,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FIS. Dodge & Cox lifted its stake in Fidelity National Information Services by 22.2% in 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 buying an additional 7,830,710 shares in the last quarter. Balyasny Asset Management L.P. lifted its stake in Fidelity National Information Services by 585.9% in 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 buying an additional 2,852,118 shares in the last quarter. AQR Capital Management LLC lifted its stake in Fidelity National Information Services by 71.7% in 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 buying an additional 1,037,100 shares in the last quarter. 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.

Insider Buying and Selling at Fidelity National Information Services

In other news, CEO Stephanie Ferris bought 19,846 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average cost 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 of the company’s stock, valued at $14,182,668.62. This represents a 7.59% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. BNP Paribas Exane reduced their price target on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company reduced 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 note on Wednesday, February 25th. Weiss Ratings raised Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Royal Bank Of Canada reduced their price target on 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. Finally, Stephens reduced their price target on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.57.

Get Our Latest Analysis on FIS

Fidelity National Information Services Trading Up 2.4%

Shares of FIS opened at $43.69 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $22.58 billion, a P/E ratio of 8.47, a price-to-earnings-growth ratio of 0.42 and a beta of 0.82. The stock’s fifty day simple moving average is $46.52 and its 200 day simple moving average is $55.42. Fidelity National Information Services, Inc. has a twelve month low of $41.33 and a twelve 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 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. The business had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the company posted $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 forecast that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The company 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 dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio (DPR) is 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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