Fidelity National Information Services, Inc. $FIS Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. cut its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 32.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 49,146 shares of the information technology services provider’s stock after selling 23,927 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Fidelity National Information Services were worth $3,241,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. NewSquare Capital LLC increased its stake in Fidelity National Information Services by 115.1% during the 2nd quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider’s stock worth $29,000 after buying an additional 191 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Fidelity National Information Services in the third quarter worth approximately $29,000. LRI Investments LLC increased its position in shares of Fidelity National Information Services by 613.1% during the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares in the last quarter. Raiffeisen Bank International AG acquired a new position in Fidelity National Information Services in the 3rd quarter valued at $29,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in Fidelity National Information Services in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

NYSE FIS opened at $47.35 on Tuesday. The stock has a fifty day simple moving average of $59.42 and a 200-day simple moving average of $64.19. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. The stock has a market cap of $24.52 billion, a PE ratio of 175.36, a P/E/G ratio of 0.73 and a beta of 0.91. Fidelity National Information Services, Inc. has a twelve month low of $46.16 and a twelve month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by ($0.02). The company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Fidelity National Information Services had a net margin of 1.45% and a return on equity of 19.76%. 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. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a $0.44 dividend. 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 dividend on an annualized basis and a yield of 3.7%. Fidelity National Information Services’s dividend payout ratio is presently 651.85%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FIS. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Compass Point dropped their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Cantor Fitzgerald began coverage on shares of Fidelity National Information Services in a report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price objective for the company. Stephens cut their price target on Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a report on Friday, January 16th. Finally, Royal Bank Of Canada lowered their price objective on Fidelity National Information Services from $93.00 to $86.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and a consensus target price of $77.94.

Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein purchased 941 shares of the stock in a transaction dated Thursday, January 15th. The stock was acquired at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the transaction, the director directly owned 14,529 shares in the company, valued at approximately $931,454.19. This represents a 6.93% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.21% of the stock is owned by company insiders.

About Fidelity National Information Services

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.