Fidelity National Information Services, Inc. $FIS Shares Sold by Cullen Investment Group LTD.

Cullen Investment Group LTD. reduced its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 57.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 28,760 shares of the information technology services provider’s stock after selling 39,190 shares during the period. Cullen Investment Group LTD.’s holdings in Fidelity National Information Services were worth $1,923,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Clear Trail Advisors LLC acquired a new position in Fidelity National Information Services in the 4th quarter valued at about $2,590,000. SG Americas Securities LLC lifted its position in Fidelity National Information Services by 702.1% during the 4th quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock worth $38,283,000 after acquiring an additional 504,215 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Fidelity National Information Services by 227.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 565,115 shares of the information technology services provider’s stock valued at $37,558,000 after purchasing an additional 392,477 shares during the last quarter. Wedmont Private Capital purchased a new position in shares of Fidelity National Information Services in the 4th quarter valued at approximately $280,000. Finally, Nordea Investment Management AB increased its holdings 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 purchasing an additional 191,957 shares during the period. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Down 3.0%

Fidelity National Information Services stock opened at $47.64 on Thursday. The stock’s 50 day moving average price is $52.14 and its 200 day moving average price is $61.13. Fidelity National Information Services, Inc. has a 1-year low of $46.16 and a 1-year high of $82.74. The company has a market cap of $24.51 billion, a PE ratio of 65.26, a price-to-earnings-growth ratio of 0.48 and a beta of 0.90. 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 released its 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 business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. Fidelity National Information Services’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $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 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were issued a dividend of $0.44 per share. This is an increase 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%. The ex-dividend date of this dividend was Tuesday, March 10th. Fidelity National Information Services’s payout ratio is presently 241.10%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FIS. Susquehanna decreased their price target on 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. Compass Point dropped their price objective on shares of Fidelity National Information Services from $90.00 to $81.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Citigroup cut their price objective on shares of Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Stephens reduced their target price on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Finally, Royal Bank Of Canada dropped their price target on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.86.

Insider Activity

In related news, Director Jeffrey A. Goldstein bought 941 shares of the stock in a transaction on Thursday, January 15th. The shares were bought 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 owned 14,529 shares of the company’s stock, valued at $931,454.19. This represents a 6.93% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephanie Ferris purchased 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The shares were bought at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the transaction, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 0.21% of the company’s stock.

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.