SG Americas Securities LLC lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 702.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 576,026 shares of the information technology services provider’s stock after acquiring an additional 504,215 shares during the quarter. SG Americas Securities LLC owned 0.11% of Fidelity National Information Services worth $38,283,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of FIS. Assenagon Asset Management S.A. boosted its position in Fidelity National Information Services by 227.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 565,115 shares of the information technology services provider’s stock worth $37,558,000 after purchasing an additional 392,477 shares in the last quarter. Wedmont Private Capital purchased a new position in shares of Fidelity National Information Services in the fourth quarter valued at $280,000. Nordea Investment Management AB increased its position in shares of Fidelity National Information Services by 15.4% in the fourth quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock valued at $96,048,000 after buying an additional 191,957 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in shares of Fidelity National Information Services by 12.3% during the 4th quarter. Central Pacific Bank Trust Division now owns 13,700 shares of the information technology services provider’s stock worth $911,000 after buying an additional 1,500 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in shares of Fidelity National Information Services in the 4th quarter worth about $33,000. Institutional investors and hedge funds own 96.23% of the company’s stock.
Insiders Place Their Bets
In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the acquisition, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jeffrey A. Goldstein acquired 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, with a total value of $60,327.51. Following the transaction, the director owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.21% of the company’s stock.
Fidelity National Information Services Price Performance
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The firm had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.40 earnings per share. 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. Research analysts expect that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.
Fidelity National Information Services Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were issued a $0.44 dividend. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date was Tuesday, March 10th. This represents a $1.76 annualized dividend and a yield of 3.7%. Fidelity National Information Services’s payout ratio is presently 241.10%.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the stock. Susquehanna dropped their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Raymond James Financial reduced their price target on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Truist Financial dropped their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating for the company in a research note on Tuesday, March 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd. Finally, UBS Group reduced their target price 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. Fourteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $69.86.
Get Our Latest Report on Fidelity National Information Services
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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