Universal Beteiligungs und Servicegesellschaft mbH Reduces Stake in Fidelity National Information Services, Inc. $FIS

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 411,463 shares of the information technology services provider’s stock after selling 21,055 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Fidelity National Information Services were worth $33,497,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Cullen Investment Group LTD. boosted its holdings in Fidelity National Information Services by 10.4% in the 2nd quarter. Cullen Investment Group LTD. now owns 58,464 shares of the information technology services provider’s stock worth $4,760,000 after buying an additional 5,521 shares during the period. Brighton Jones LLC bought a new stake in Fidelity National Information Services during the fourth quarter valued at about $347,000. Truist Financial Corp lifted its position in shares of Fidelity National Information Services by 6.6% in the second quarter. Truist Financial Corp now owns 74,869 shares of the information technology services provider’s stock valued at $6,095,000 after acquiring an additional 4,619 shares in the last quarter. Hilltop National Bank bought a new position in shares of Fidelity National Information Services in the second quarter worth about $1,616,000. Finally, Vise Technologies Inc. purchased a new stake in shares of Fidelity National Information Services during the second quarter worth about $3,581,000. Institutional investors own 96.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on FIS shares. Susquehanna lowered their price target on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, September 12th. Jefferies Financial Group reduced their price objective on shares of Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Tuesday, October 14th. Royal Bank Of Canada lowered their target price on shares of Fidelity National Information Services from $93.00 to $86.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Information Services from $88.00 to $85.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. Finally, Truist Financial dropped their price objective on shares of Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating for the company in a report on Friday, October 24th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $85.53.

Insider Activity at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 889 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was purchased at an average price of $67.66 per share, for a total transaction of $60,149.74. Following the acquisition, the director owned 13,588 shares in the company, valued at $919,364.08. This trade represents a 7.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Trading Down 0.5%

Shares of FIS opened at $63.95 on Tuesday. The stock has a market capitalization of $33.12 billion, a PE ratio of 355.29 and a beta of 1.01. The company’s fifty day moving average is $65.90 and its 200 day moving average is $73.28. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services, Inc. has a fifty-two week low of $59.51 and a fifty-two week high of $88.55.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Wednesday, November 5th. The information technology services provider reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.03. The business had revenue of $2.72 billion during the quarter, compared to analysts’ expectations of $2.65 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the company posted $1.40 EPS. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. Sell-side analysts expect that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, December 9th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 592.59%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.