Annex Advisory Services LLC lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 41.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,512 shares of the information technology services provider’s stock after buying an additional 10,683 shares during the period. Annex Advisory Services LLC’s holdings in Fidelity National Information Services were worth $2,427,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in Fidelity National Information Services during the third quarter worth about $29,000. LRI Investments LLC raised its holdings in 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 acquiring an additional 374 shares in the last quarter. Raiffeisen Bank International AG bought a new stake in Fidelity National Information Services during the third quarter worth about $29,000. GoalVest Advisory LLC bought a new stake in Fidelity National Information Services during the fourth quarter worth about $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after acquiring an additional 362 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. TD Cowen dropped their price objective on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Truist Financial dropped their price objective on Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a research note on Tuesday, March 3rd. Cantor Fitzgerald assumed coverage on Fidelity National Information Services in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price objective on the stock. Susquehanna dropped their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Finally, Raymond James Financial dropped their price objective on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Fidelity National Information Services currently has an average rating of “Moderate Buy” and a consensus price target of $68.71.
Insider Transactions at Fidelity National Information Services
In other Fidelity National Information Services news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction on Thursday, March 5th. The shares were purchased at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is owned by corporate insiders.
Fidelity National Information Services Price Performance
Shares of NYSE FIS opened at $48.38 on Thursday. The firm has a market cap of $24.89 billion, a P/E ratio of 66.28, a price-to-earnings-growth ratio of 0.46 and a beta of 0.90. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a 1-year low of $43.29 and a 1-year high of $82.74. The business’s 50 day moving average is $48.57 and its 200-day moving average is $59.07.
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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company 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. Equities research 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 business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were given 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 3.6%. The ex-dividend date of this dividend was Tuesday, March 10th. Fidelity National Information Services’s dividend payout ratio (DPR) is currently 241.10%.
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.
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