Louisiana State Employees Retirement System Acquires Shares of 26,400 Fidelity National Information Services, Inc. $FIS

Louisiana State Employees Retirement System acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FISFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 26,400 shares of the information technology services provider’s stock, valued at approximately $1,238,000.

A number of other hedge funds have also recently modified their holdings of FIS. Nordea Investment Management AB boosted its holdings in Fidelity National Information Services by 15.4% during the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after buying an additional 191,957 shares in the last quarter. Clear Trail Advisors LLC purchased a new position in Fidelity National Information Services in the fourth quarter valued at $2,590,000. SG Americas Securities LLC raised its position in shares of Fidelity National Information Services by 702.1% in the fourth quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock worth $38,283,000 after acquiring an additional 504,215 shares during the period. Norges Bank acquired a new position in shares of Fidelity National Information Services in the fourth quarter worth about $495,956,000. Finally, Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter worth about $347,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FIS. The Goldman Sachs Group dropped their target price on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Cantor Fitzgerald lowered their price target on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Citigroup dropped their price objective on Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Truist Financial cut their price objective on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating for the company in a research report on Thursday, May 28th. Finally, TD Cowen reduced their target price on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Fidelity National Information Services has an average rating of “Moderate Buy” and an average target price of $61.33.

View Our Latest Analysis on Fidelity National Information Services

Fidelity National Information Services Price Performance

NYSE:FIS opened at $41.72 on Friday. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $82.62. The stock has a 50 day moving average of $41.86 and a two-hundred day moving average of $50.11. 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 cap of $21.56 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80.

Fidelity National Information Services (NYSE:FISGet Free Report) last announced its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The business had revenue of $3.29 billion during the quarter, compared to analysts’ expectations 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 revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 earnings per share. 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, analysts expect that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. Fidelity National Information Services’s dividend payout ratio (DPR) 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.

Further Reading

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

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