17,340 Shares in Fidelity National Information Services, Inc. $FIS Bought by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. acquired a new position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 17,340 shares of the information technology services provider’s stock, valued at approximately $674,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIS. BOKF NA raised its holdings in shares of Fidelity National Information Services by 0.6% during the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock worth $1,848,000 after buying an additional 159 shares in the last quarter. Fiduciary Trust Co grew its position in Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after acquiring an additional 161 shares during the last quarter. FJ Capital Management LLC grew its position in Fidelity National Information Services by 4.7% in 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. Horizon Investments LLC raised its stake in Fidelity National Information Services by 2.6% during the fourth quarter. Horizon Investments LLC now owns 8,458 shares of the information technology services provider’s stock worth $562,000 after acquiring an additional 214 shares in the last quarter. Finally, Pinnacle Financial Partners Inc. lifted its holdings in shares of Fidelity National Information Services by 6.4% in the third quarter. Pinnacle Financial Partners Inc. now owns 3,732 shares of the information technology services provider’s stock worth $246,000 after acquiring an additional 223 shares during the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services Stock Performance

Shares of Fidelity National Information Services stock opened at $41.42 on Tuesday. The company has a market cap of $21.41 billion, a P/E ratio of 6.36, a PEG ratio of 0.42 and a beta of 0.77. Fidelity National Information Services, Inc. has a 1-year low of $37.42 and a 1-year high of $71.67. The business has a 50-day moving average price of $41.47 and a two-hundred day moving average price of $44.65. The company has a current ratio of 0.53, a quick 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 for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The firm’s revenue for the quarter was up 29.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.36 EPS. 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, analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s payout ratio is 27.04%.

Analysts Set New Price Targets

Several brokerages recently commented on FIS. Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Wells Fargo & Company reduced their price objective on Fidelity National Information Services from $67.00 to $58.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. National Bank Financial set a $50.00 price target on Fidelity National Information Services in a research note on Monday, August 10th. Royal Bank Of Canada reduced their price target on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, Cantor Fitzgerald dropped their price objective on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services has an average rating of “Hold” and a consensus price target of $55.39.

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.