Fidelity National Information Services, Inc. $FIS Shares Sold by Moore Capital Management LP

Moore Capital Management LP reduced its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 29.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 537,460 shares of the information technology services provider’s stock after selling 224,140 shares during the quarter. Moore Capital Management LP owned 0.10% of Fidelity National Information Services worth $20,896,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dodge & Cox raised its holdings in Fidelity National Information Services by 13.9% in the 4th quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock worth $3,264,070,000 after purchasing an additional 6,008,090 shares during the period. BlackRock Inc. acquired a new stake in Fidelity National Information Services in the second quarter valued at approximately $1,730,200,000. Capital Research Global Investors increased its position in shares of Fidelity National Information Services by 0.6% in the fourth quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock valued at $1,869,507,000 after buying an additional 172,356 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Fidelity National Information Services by 4.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after buying an additional 514,490 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Fidelity National Information Services by 5.6% during the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. BNP Paribas Exane dropped their price target on shares of 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. Stephens restated an “equal weight” rating and set a $50.00 price objective on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Cantor Fitzgerald decreased their price objective on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. TD Cowen dropped their target price on shares of Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Finally, Barclays reduced their price target on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Hold” and a consensus price target of $53.96.

Fidelity National Information Services Stock Up 0.0%

NYSE FIS opened at $41.45 on Monday. The business has a fifty day moving average price of $41.64 and a 200 day moving average price of $44.35. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market cap of $21.42 billion, a P/E ratio of 6.37, a P/E/G ratio of 0.43 and a beta of 0.77. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $70.38.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the company posted $1.36 EPS. The firm’s quarterly revenue was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Research analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. Fidelity National Information Services’s payout ratio is presently 27.04%.

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.