Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 3.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,035,890 shares of the information technology services provider’s stock after acquiring an additional 32,913 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Fidelity National Information Services were worth $68,307,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Fidelity National Information Services in the second quarter worth $624,858,000. Mizuho Markets Americas LLC lifted its stake in shares of Fidelity National Information Services by 49.1% during the 3rd quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock valued at $303,929,000 after buying an additional 1,518,200 shares in the last quarter. Boston Partners boosted its holdings in Fidelity National Information Services by 10.5% in the 2nd quarter. Boston Partners now owns 11,820,211 shares of the information technology services provider’s stock worth $958,537,000 after buying an additional 1,122,181 shares during the period. AQR Capital Management LLC increased 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 worth $201,294,000 after buying an additional 1,037,100 shares in the last quarter. Finally, River Road Asset Management LLC bought a new stake in Fidelity National Information Services during the second quarter valued at about $39,106,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.
Fidelity National Information Services Stock Performance
NYSE:FIS opened at $50.81 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.53 and a current ratio of 0.59. The firm has a market capitalization of $26.13 billion, a PE ratio of 69.60, a PEG ratio of 0.48 and a beta of 0.90. Fidelity National Information Services, Inc. has a fifty-two week low of $46.16 and a fifty-two week high of $82.74. The stock’s fifty day moving average is $58.11 and its 200 day moving average is $63.71.
Fidelity National Information Services Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 3.5%. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. Fidelity National Information Services’s payout ratio is presently 219.18%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on FIS. Cantor Fitzgerald assumed coverage on Fidelity National Information Services in a research report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price objective on the stock. TD Cowen lowered their price target on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday. Citigroup dropped their price target on Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday. Stephens reduced their price objective on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $70.50.
Read Our Latest Research Report on Fidelity National Information Services
Trending Headlines about Fidelity National Information Services
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: TD Cowen set a new $78 price target, signaling continued bullish conviction from some analysts which can limit downside. FIS Given New $78.00 Price Target at TD Cowen
- Positive Sentiment: Short interest dropped ~21.7% in February to ~12.5M shares (≈2.4% of float). Reduced short activity can remove a layer of selling pressure and dampen volatility. Short Interest Report
- Neutral Sentiment: Argus and several outlets discuss FIS’s product roadmap (including an AI risk suite) and 2025 results — these could provide a longer-term narrative boost if execution follows, but clarity on revenue/profit impact is still evolving. Will FIS’s 2025 Results and New AI Risk Suite Redefine Fidelity National’s (FIS) Fintech Narrative?
- Neutral Sentiment: Market-wide volatility (S&P 500 futures) is cited as context for trading; that macro pressure can move FIS independently of company-specific fundamentals. Fidelity Strategically As S&P 500 Futures Reflect Market Volatility
- Negative Sentiment: Raymond James cut its target to $60 (from $82) despite an Outperform rating — downward revisions from well-known desks are pressuring the stock. Raymond James Adjusts Price Target on FIS to $60
- Negative Sentiment: Wells Fargo trimmed its target to $67 (from $81) while keeping an Overweight rating — another downgrade that may prompt near-term selling. Wells Fargo Adjusts Price Target on FIS to $67
- Negative Sentiment: Several other shops cut targets (Susquehanna to $55, Keefe Bruyette to $72, Wolfe to $70, Citi to $53), collectively signaling reduced near-term confidence and adding selling pressure. Multiple Analyst Target Changes
- Negative Sentiment: FIS announced proposed offerings of Euro- and USD-denominated senior notes to repay short-term debt tied to the Global Payments Issuer Solutions acquisition — markets often view new debt issuance around big acquisitions as an execution and leverage risk. FIS Announces Proposed Offerings of Senior Notes
Insiders Place Their Bets
In related news, Director Jeffrey A. Goldstein purchased 941 shares of Fidelity National Information Services stock in a transaction dated Thursday, January 15th. The stock was purchased at an average cost of $64.11 per share, with a total value of $60,327.51. Following the transaction, the director owned 14,529 shares in the company, valued at approximately $931,454.19. The trade was a 6.93% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by corporate insiders.
Fidelity National Information Services Company 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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