Swiss Life Asset Management Ltd Buys 11,834 Shares of Fidelity National Information Services, Inc. $FIS

Swiss Life Asset Management Ltd raised its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 12.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 107,240 shares of the information technology services provider’s stock after purchasing an additional 11,834 shares during the period. Swiss Life Asset Management Ltd’s holdings in Fidelity National Information Services were worth $7,071,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raiffeisen Bank International AG purchased a new stake in Fidelity National Information Services in the 3rd quarter worth approximately $29,000. LRI Investments LLC boosted its position in shares of Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares during the period. Root Financial Partners LLC bought a new position in shares of Fidelity National Information Services in the third quarter worth approximately $29,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Fidelity National Information Services in the third quarter worth $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Fidelity National Information Services during the 3rd quarter valued at $43,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Insider Activity at Fidelity National Information Services

In other news, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jeffrey A. Goldstein bought 941 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was acquired at an average cost of $64.11 per share, with a total value of $60,327.51. Following the completion of the acquisition, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. This represents a 6.93% increase in their position. The SEC filing for this purchase provides additional information. 0.21% of the stock is owned by corporate insiders.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS opened at $49.80 on Friday. The company has a market cap of $25.62 billion, a P/E ratio of 68.22, a P/E/G ratio of 0.49 and a beta of 0.90. Fidelity National Information Services, Inc. has a 52-week low of $46.16 and a 52-week high of $82.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The firm’s fifty day moving average is $53.10 and its two-hundred day moving average is $61.54.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period last year, the company earned $1.40 EPS. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. 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, analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Fidelity National Information Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 3.5%. 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. Fidelity National Information Services’s dividend payout ratio is presently 241.10%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FIS. The Goldman Sachs Group started coverage on shares of Fidelity National Information Services in a research note on Monday, March 9th. They set a “buy” rating and a $70.00 target price on the stock. UBS Group decreased their price target on Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Citigroup lowered their price objective on Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. BNP Paribas Exane dropped their price objective on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research note on Tuesday, January 20th. Finally, Wells Fargo & Company cut their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average price target of $69.86.

Fidelity National Information Services 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.