Jefferies Financial Group Inc. Cuts Stock Position in Fidelity National Information Services, Inc. $FIS

Jefferies Financial Group Inc. lessened its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 73.5% during the 4th quarter, Holdings Channel reports. The firm owned 15,362 shares of the information technology services provider’s stock after selling 42,638 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Fidelity National Information Services were worth $1,021,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Nordea Investment Management AB raised its position in Fidelity National Information Services by 15.4% during the 4th quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after buying an additional 191,957 shares during the last quarter. AGF Management Ltd. acquired a new stake in shares of Fidelity National Information Services in the third quarter worth $3,096,000. Clear Trail Advisors LLC acquired a new stake in shares of Fidelity National Information Services in the fourth quarter worth $2,590,000. Independent Advisor Alliance increased its stake in shares of Fidelity National Information Services by 177.8% in the third quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider’s stock worth $2,637,000 after acquiring an additional 25,593 shares during the period. Finally, Assetmark Inc. increased its stake in shares of Fidelity National Information Services by 45.1% in the third quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock worth $17,508,000 after acquiring an additional 82,518 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Buying and Selling

In other news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction on Thursday, March 5th. The shares were bought at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the purchase, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FIS shares. UBS Group cut their price objective on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Wells Fargo & Company cut their price objective on shares of Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. The Goldman Sachs Group cut their price objective on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Oppenheimer cut their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Finally, Truist Financial cut their price objective on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Thursday. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services Stock Performance

FIS opened at $42.20 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The company has a market cap of $21.81 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.41 and a beta of 0.82. Fidelity National Information Services, Inc. has a 52-week low of $41.33 and a 52-week high of $82.74. The firm’s fifty day simple moving average is $45.80 and its two-hundred day simple moving average is $54.68.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The company’s revenue was up 30.1% compared to the same quarter last year. During the same period last year, the firm posted $1.21 earnings per share. 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. Equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. Fidelity National Information Services’s payout ratio is 34.11%.

Fidelity National Information Services Company 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.