UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 12.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,326,248 shares of the information technology services provider’s stock after selling 468,849 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.64% of Fidelity National Information Services worth $129,325,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the stock. BOKF NA lifted its holdings in shares of Fidelity National Information Services by 0.6% during the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after acquiring an additional 159 shares during the period. Fiduciary Trust Co increased its stake in Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after acquiring an additional 161 shares during the last quarter. FJ Capital Management LLC increased its stake in Fidelity National Information Services by 4.7% in the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock valued at $293,000 after acquiring an additional 163 shares during the last quarter. Horizon Investments LLC raised its position in Fidelity National Information Services by 2.6% during the fourth quarter. Horizon Investments LLC now owns 8,458 shares of the information technology services provider’s stock valued at $562,000 after purchasing an additional 214 shares in the last quarter. Finally, Pinnacle Financial Partners Inc. raised its position in Fidelity National Information Services by 6.4% during the third quarter. Pinnacle Financial Partners Inc. now owns 3,732 shares of the information technology services provider’s stock valued at $246,000 after purchasing an additional 223 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on FIS. Weiss Ratings upgraded shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Morgan Stanley began coverage on shares of Fidelity National Information Services in a report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 price target for the company. UBS Group reiterated a “neutral” rating and issued a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada cut their price objective on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $53.96.
Fidelity National Information Services Stock Performance
NYSE FIS opened at $40.81 on Wednesday. The company has a market cap of $21.09 billion, a P/E ratio of 6.27, a PEG ratio of 0.42 and a beta of 0.77. The company has a fifty day simple moving average of $41.76 and a 200 day simple moving average of $44.23. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services, Inc. has a 12-month low of $37.42 and a 12-month high of $70.27.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company’s revenue for the quarter was up 29.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Sell-side analysts predict that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.
Fidelity National Information Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.3%. Fidelity National Information Services’s dividend payout ratio is presently 27.04%.
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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