Vinva Investment Management Ltd Sells 116,931 Shares of Fidelity National Information Services, Inc. $FIS

Vinva Investment Management Ltd lowered its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 66.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,069 shares of the information technology services provider’s stock after selling 116,931 shares during the period. Vinva Investment Management Ltd’s holdings in Fidelity National Information Services were worth $3,820,000 at the end of the most recent reporting period.

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

Fidelity National Information Services Stock Up 1.7%

Shares of Fidelity National Information Services stock opened at $51.44 on Monday. Fidelity National Information Services, Inc. has a 1 year low of $46.16 and a 1 year high of $82.74. The firm has a market cap of $26.46 billion, a price-to-earnings ratio of 70.47, a PEG ratio of 0.50 and a beta of 0.90. The company has a 50-day moving average of $56.45 and a 200 day moving average of $62.89. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 EPS 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 the consensus estimate of $2.74 billion. During the same period in the previous year, the firm earned $1.40 EPS. The company’s revenue was up 8.2% on a year-over-year basis. 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. As a group, sell-side analysts anticipate 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. Investors of record on Tuesday, March 10th will be given a dividend of $0.44 per share. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.76 dividend on an annualized basis and a yield of 3.4%. Fidelity National Information Services’s dividend payout ratio is 219.18%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on FIS shares. Wells Fargo & Company reduced their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. BNP Paribas Exane cut their price target on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a report on Tuesday, January 20th. Truist Financial reduced their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $70.00 price objective on shares of Fidelity National Information Services in a report on Thursday, January 15th. Finally, Cantor Fitzgerald initiated coverage on shares of Fidelity National Information Services in a research report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 target price for the company. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.85.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 941 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were acquired at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the acquisition, the director owned 14,529 shares of the company’s stock, valued at $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. Insiders own 0.21% of the company’s stock.

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.