Fieldview Capital Management LLC Makes New Investment in Fidelity National Information Services, Inc. $FIS

Fieldview Capital Management LLC acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 13,507 shares of the information technology services provider’s stock, valued at approximately $891,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Root Financial Partners LLC acquired a new stake in Fidelity National Information Services in the 3rd quarter worth approximately $29,000. LRI Investments LLC raised its holdings in shares of Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after buying an additional 374 shares during the last quarter. Raiffeisen Bank International AG purchased a new position in shares of Fidelity National Information Services in the third quarter worth $29,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Fidelity National Information Services during the third quarter worth $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Fidelity National Information Services during the third quarter valued at $43,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fidelity National Information Services

In related news, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jeffrey A. Goldstein purchased 941 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was bought at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the purchase, the director directly owned 14,529 shares in the company, valued at $931,454.19. This represents a 6.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on FIS. TD Cowen cut their target price on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 price target on shares of Fidelity National Information Services in a research report on Thursday, January 15th. UBS Group dropped their price target on Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. Finally, Wolfe Research decreased their target price on Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Fourteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $69.86.

Fidelity National Information Services Stock Up 0.2%

Shares of FIS opened at $51.59 on Tuesday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a 12 month low of $46.16 and a 12 month high of $82.74. The stock’s 50 day moving average is $56.13 and its two-hundred day moving average is $62.76. The firm has a market cap of $26.54 billion, a P/E ratio of 70.67, a PEG ratio of 0.50 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period in the previous year, the company earned $1.40 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. Analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 3.4%. Fidelity National Information Services’s payout ratio is 219.18%.

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.