Vinva Investment Management Ltd Cuts Stake in Fidelity National Information Services, Inc. $FIS

Vinva Investment Management Ltd reduced its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 66.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,069 shares of the information technology services provider’s stock after selling 116,931 shares during the quarter. Vinva Investment Management Ltd’s holdings in Fidelity National Information Services were worth $3,820,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FIS. Pinnacle Bancorp Inc. grew its holdings in shares of Fidelity National Information Services by 21.9% during the third quarter. Pinnacle Bancorp Inc. now owns 835 shares of the information technology services provider’s stock valued at $55,000 after buying an additional 150 shares during the last quarter. Wealthspire Advisors LLC raised its holdings 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 worth $442,000 after acquiring an additional 162 shares during the last quarter. FJ Capital Management LLC lifted its position in Fidelity National Information Services by 4.7% in the 2nd 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 in the last quarter. Gratus Wealth Advisors LLC boosted its stake in Fidelity National Information Services by 1.4% during the 3rd quarter. Gratus Wealth Advisors LLC now owns 12,389 shares of the information technology services provider’s stock valued at $817,000 after purchasing an additional 170 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in Fidelity National Information Services by 0.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 24,042 shares of the information technology services provider’s stock valued at $1,981,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein purchased 941 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were acquired at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the transaction, the director owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on FIS shares. Raymond James Financial decreased their price target on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Argus reduced their price objective on Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Weiss Ratings restated a “sell (d)” rating on shares of Fidelity National Information Services in a research note on Thursday, January 22nd. BNP Paribas Exane dropped their price target on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a report on Tuesday, January 20th. Finally, Susquehanna reduced their price target on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.85.

Fidelity National Information Services Stock Performance

Shares of FIS opened at $51.44 on Monday. The firm has a market capitalization of $26.46 billion, a P/E ratio of 70.47, a PEG ratio of 0.50 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a one year low of $46.16 and a one year high of $82.74. The business has a fifty day moving average of $56.45 and a 200 day moving average of $62.89.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.01). The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.40 earnings per share. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. As a group, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.4%. Fidelity National Information Services’s payout ratio is 219.18%.

Fidelity National Information Services Company 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.