Jefferies Financial Group Inc. Invests $7.29 Million in Fidelity National Information Services, Inc. $FIS

Jefferies Financial Group Inc. bought a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) during the 2nd quarter, HoldingsChannel reports. The firm bought 187,545 shares of the information technology services provider’s stock, valued at approximately $7,292,000.

Several other hedge funds also recently added to or reduced their stakes in the business. MBM Wealth Consultants LLC acquired a new stake in Fidelity National Information Services in the first quarter worth about $33,000. Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $34,000. Kemnay Advisory Services Inc. acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at about $42,000. DV Equities LLC purchased a new position in shares of Fidelity National Information Services in the 4th quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. raised its position in shares of Fidelity National Information Services by 254.5% in the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock valued at $55,000 after purchasing an additional 598 shares during the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on FIS. UBS Group reissued a “neutral” rating and set a $49.00 target price (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday, August 5th. Stephens reaffirmed an “equal weight” rating and issued a $50.00 price target on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a research note on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 price objective for the company. The Goldman Sachs Group dropped 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 report on Monday, May 11th. Finally, Oppenheimer cut their target price on Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $53.96.

Fidelity National Information Services Price Performance

Shares of NYSE FIS opened at $40.53 on Friday. The business’s 50 day moving average price is $41.57 and its 200 day moving average price is $44.42. The firm has a market cap of $20.95 billion, a P/E ratio of 6.23, a P/E/G ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a 52 week low of $37.42 and a 52 week high of $70.38. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the firm posted $1.36 EPS. Fidelity National Information Services’s revenue for the quarter was up 29.1% compared to the same quarter last year. 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. On average, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, September 11th. This represents a $1.76 dividend on an annualized basis and a yield of 4.3%. Fidelity National Information Services’s payout ratio is currently 27.04%.

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.