Broyhill Asset Management LLC Sells 13,687 Shares of Fidelity National Information Services, Inc. $FIS

Broyhill Asset Management LLC reduced its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 37.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,099 shares of the information technology services provider’s stock after selling 13,687 shares during the period. Fidelity National Information Services makes up approximately 1.3% of Broyhill Asset Management LLC’s holdings, making the stock its 29th biggest holding. Broyhill Asset Management LLC’s holdings in Fidelity National Information Services were worth $1,523,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FIS. Raiffeisen Bank International AG acquired a new stake in shares of Fidelity National Information Services during the third quarter worth $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 worth $29,000 after purchasing an additional 374 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Fidelity National Information Services in the 3rd quarter valued at about $29,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Fidelity National Information Services in the third quarter valued at about $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Fidelity National Information Services during the third quarter worth about $43,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $49.69 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $46.16 and a 52 week high of $82.74. The company has a market capitalization of $25.56 billion, a price-to-earnings ratio of 68.06, a PEG ratio of 0.48 and a beta of 0.90. The company has a 50-day simple moving average of $54.81 and a 200 day simple moving average of $62.28. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59.

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 analysts’ consensus estimates of $1.69 by ($0.01). The firm had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.40 EPS. 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. On average, sell-side analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.5%. This is a boost from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio is currently 241.10%.

Analyst Ratings Changes

FIS has been the topic of a number of research reports. Keefe, Bruyette & Woods cut their price objective on shares of Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Truist Financial reduced 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 reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd. Argus reduced their price target on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, BNP Paribas Exane decreased their price target on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research note on Tuesday, January 20th. Fourteen 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 data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average target price of $69.86.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, 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 acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jeffrey A. Goldstein purchased 941 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was acquired at an average price of $64.11 per share, with a total value of $60,327.51. Following the completion of the transaction, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. This represents a 6.93% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.21% of the stock is currently owned by company insiders.

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.