Andra AP fonden Reduces Holdings in Fidelity National Information Services, Inc. $FIS

Andra AP fonden reduced its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 38.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,500 shares of the information technology services provider’s stock after selling 18,534 shares during the period. Andra AP fonden’s holdings in Fidelity National Information Services were worth $1,384,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC increased its holdings in Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares during the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of Fidelity National Information Services during the 1st quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of 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 buying an additional 362 shares in the last quarter. Reflection Asset Management acquired a new stake in shares of Fidelity National Information Services in the 4th quarter valued at about $34,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Fidelity National Information Services during the fourth quarter worth about $42,000. 96.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FIS has been the subject of a number of research reports. UBS Group decreased their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a report on Monday, May 11th. TD Cowen cut their target price on shares of Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Weiss Ratings downgraded Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. BNP Paribas Exane lowered their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $58.77.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $40.03 on Friday. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $82.62. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average of $40.88 and a two-hundred day moving average of $47.51. The company has a market capitalization of $20.69 billion, a price-to-earnings ratio of 7.76, a PEG ratio of 0.40 and a beta of 0.80.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. As a group, analysts expect that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were given a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is 34.11%.

About Fidelity National Information Services

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.