SG Americas Securities LLC Has $4.74 Million Position in Fidelity National Information Services, Inc. $FIS

SG Americas Securities LLC grew its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 148.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,811 shares of the information technology services provider’s stock after purchasing an additional 42,862 shares during the quarter. SG Americas Securities LLC’s holdings in Fidelity National Information Services were worth $4,735,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. CX Institutional raised its holdings in Fidelity National Information Services by 2.3% in the 2nd quarter. CX Institutional now owns 6,317 shares of the information technology services provider’s stock valued at $514,000 after buying an additional 140 shares during the last quarter. Wealthspire Advisors LLC increased its position in Fidelity National Information Services by 3.1% in the 2nd quarter. Wealthspire Advisors LLC now owns 5,426 shares of the information technology services provider’s stock valued at $442,000 after acquiring an additional 162 shares during the period. FJ Capital Management LLC raised its stake in shares of 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 valued at $293,000 after acquiring an additional 163 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of Fidelity National Information Services by 0.7% during the second quarter. TD Waterhouse Canada Inc. now owns 24,042 shares of the information technology services provider’s stock valued at $1,981,000 after acquiring an additional 175 shares during the last quarter. Finally, NewSquare Capital LLC lifted its holdings in shares of Fidelity National Information Services by 115.1% during the second quarter. NewSquare Capital LLC now owns 357 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 191 shares during the period. 96.23% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey A. Goldstein bought 889 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were bought at an average price of $67.66 per share, for a total transaction of $60,149.74. Following the transaction, the director directly owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. The trade was a 7.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

FIS has been the subject of a number of recent research reports. UBS Group increased their price objective on Fidelity National Information Services from $82.00 to $83.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Royal Bank Of Canada reduced their price target on Fidelity National Information Services from $93.00 to $86.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lowered their price objective on Fidelity National Information Services from $85.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Stephens reduced their target price on Fidelity National Information Services from $100.00 to $90.00 and set an “overweight” rating on the stock in a report on Thursday, October 16th. Eleven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $84.44.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $66.84 on Friday. The business has a 50-day moving average price of $65.74 and a two-hundred day moving average price of $69.65. Fidelity National Information Services, Inc. has a 1-year low of $59.51 and a 1-year high of $83.97. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. The company has a market cap of $34.61 billion, a P/E ratio of 247.55 and a beta of 0.93.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Wednesday, November 5th. The information technology services provider reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.03. Fidelity National Information Services had a return on equity of 19.76% and a net margin of 1.45%.The company had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the business earned $1.40 EPS. The firm’s revenue was up 5.7% compared to the same quarter last year. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. As a group, analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, December 9th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. Fidelity National Information Services’s dividend payout ratio (DPR) is 592.59%.

About Fidelity National Information Services

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.