UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 12.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & 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’s holdings in Fidelity National Information Services were worth $129,325,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at approximately $34,000. Kemnay Advisory Services Inc. bought a new stake in Fidelity National Information Services during the 4th quarter valued at $42,000. MBM Wealth Consultants LLC bought a new stake in Fidelity National Information Services during the 1st quarter valued at $33,000. DV Equities LLC purchased a new stake in shares of Fidelity National Information Services during the fourth quarter worth $48,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Fidelity National Information Services by 254.5% in the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider’s stock worth $55,000 after acquiring an additional 598 shares during the period. Institutional investors own 96.23% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Royal Bank Of Canada cut their target price on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. National Bank Financial set a $50.00 price target on Fidelity National Information Services in a research report on Monday, August 10th. Weiss Ratings upgraded shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. Finally, Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $53.96.
Fidelity National Information Services Stock Performance
Shares of FIS opened at $40.81 on Wednesday. Fidelity National Information Services, Inc. has a 12-month low of $37.42 and a 12-month high of $70.27. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96. The company has a market cap of $21.09 billion, a PE ratio of 6.27, a price-to-earnings-growth ratio of 0.42 and a beta of 0.77. The stock has a 50-day moving average price of $41.76 and a 200-day moving average price of $44.23.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the business earned $1.36 earnings per share. 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. As a group, equities analysts forecast that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.
Fidelity National Information Services Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders 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 annualized dividend and a dividend yield of 4.3%. Fidelity National Information Services’s dividend payout ratio is 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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