Baupost Group LLC MA Has $299.32 Million Stake in Fidelity National Information Services, Inc. $FIS

Baupost Group LLC MA boosted its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 18.8% in the 4th quarter, Holdings Channel reports. The firm owned 4,503,801 shares of the information technology services provider’s stock after buying an additional 714,090 shares during the period. Fidelity National Information Services accounts for about 5.7% of Baupost Group LLC MA’s holdings, making the stock its 8th largest position. Baupost Group LLC MA’s holdings in Fidelity National Information Services were worth $299,323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BOKF NA lifted its stake in Fidelity National Information Services by 0.6% during the third quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after purchasing an additional 159 shares during the last quarter. Fiduciary Trust Co lifted its stake in Fidelity National Information Services by 4.9% during the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock worth $228,000 after purchasing an additional 161 shares during the last quarter. FJ Capital Management LLC lifted its stake in Fidelity National Information Services by 4.7% during the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after purchasing an additional 163 shares during the last quarter. Spire Wealth Management lifted its stake in Fidelity National Information Services by 15.6% during the fourth quarter. Spire Wealth Management now owns 1,299 shares of the information technology services provider’s stock worth $86,000 after purchasing an additional 175 shares during the last quarter. Finally, Michels Family Financial LLC lifted its stake in Fidelity National Information Services by 2.9% during the third quarter. Michels Family Financial LLC now owns 6,905 shares of the information technology services provider’s stock worth $455,000 after purchasing an additional 194 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. BNP Paribas Exane cut their target price on Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Wells Fargo & Company cut their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Stephens cut their target price on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Citigroup cut their target price on Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Finally, Weiss Ratings upgraded Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services Stock Up 2.1%

Shares of FIS opened at $39.16 on Friday. Fidelity National Information Services, Inc. has a 52 week low of $37.91 and a 52 week high of $82.74. The stock has a market capitalization of $20.24 billion, a price-to-earnings ratio of 7.59, a PEG ratio of 0.38 and a beta of 0.78. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a fifty day moving average of $44.20 and a 200-day moving average of $52.93.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the company earned $1.21 EPS. Fidelity National Information Services’s revenue was up 30.1% compared to the same quarter last year. 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, sell-side 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is presently 34.11%.

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.