Inceptionr LLC Takes Position in Fidelity National Information Services, Inc. $FIS

Inceptionr LLC acquired a new stake in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,263 shares of the information technology services provider’s stock, valued at approximately $1,347,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its position in Fidelity National Information Services by 100.5% in the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 194 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in Fidelity National Information Services in the third quarter worth about $29,000. GoalVest Advisory LLC purchased a new position in Fidelity National Information Services in the fourth quarter worth about $33,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Fidelity National Information Services by 251.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after acquiring an additional 362 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in 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 in the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Down 2.5%

Shares of NYSE:FIS opened at $38.96 on Thursday. Fidelity National Information Services, Inc. has a 1 year low of $38.57 and a 1 year high of $82.74. The business has a 50 day simple moving average of $44.49 and a two-hundred day simple moving average of $53.21. The firm has a market capitalization of $20.14 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 0.39 and a beta of 0.78. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FISGet Free Report) last posted its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.21 earnings per share. 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. On average, equities analysts predict that Fidelity National Information Services, Inc. will post 6.28 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services’s payout ratio is 34.11%.

Wall Street Analyst Weigh In

Several research firms recently commented on FIS. TD Cowen dropped their price target on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Stephens dropped their price target on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Citigroup dropped their price target on Fidelity National Information Services from $53.00 to $48.00 in a research report on Friday, May 8th. The Goldman Sachs Group dropped their price target on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, Cantor Fitzgerald dropped their price target on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Thirteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $61.33.

Get Our Latest Analysis on FIS

Fidelity National Information Services Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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