Mizuho Markets Americas LLC reduced its stake in Fidelity National Information Services, Inc. (NYSE:FIS – Free Report) by 20.3% during the 4th quarter, Holdings Channel reports. The fund owned 3,672,169 shares of the information technology services provider’s stock after selling 937,000 shares during the period. Fidelity National Information Services comprises about 4.7% of Mizuho Markets Americas LLC’s portfolio, making the stock its 5th biggest position. Mizuho Markets Americas LLC’s holdings in Fidelity National Information Services were worth $244,052,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dodge & Cox raised its stake in Fidelity National Information Services by 22.2% in the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after purchasing an additional 7,830,710 shares during the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Fidelity National Information Services by 585.9% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock worth $155,969,000 after purchasing an additional 2,852,118 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Fidelity National Information Services by 71.7% during the second quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock worth $201,294,000 after buying an additional 1,037,100 shares in the last quarter. Nomura Holdings Inc. grew its holdings in shares of Fidelity National Information Services by 32,832.1% during the third quarter. Nomura Holdings Inc. now owns 843,390 shares of the information technology services provider’s stock worth $55,613,000 after buying an additional 840,829 shares in the last quarter. Finally, Hawk Ridge Capital Management LP raised its position in shares of Fidelity National Information Services by 70.6% in the third quarter. Hawk Ridge Capital Management LP now owns 1,830,180 shares of the information technology services provider’s stock valued at $120,682,000 after buying an additional 757,200 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. Citigroup reduced their price objective on shares of Fidelity National Information Services from $53.00 to $48.00 in a research note on Friday, May 8th. Wells Fargo & Company dropped their price target on shares of 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. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Wolfe Research decreased their price target on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.57.
Insiders Place Their Bets
In other Fidelity National Information Services news, CEO Stephanie Ferris purchased 19,846 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.28% of the company’s stock.
Fidelity National Information Services Stock Down 0.1%
Shares of NYSE:FIS opened at $43.60 on Friday. The stock has a 50-day simple moving average of $46.39 and a 200-day simple moving average of $55.34. The stock has a market capitalization of $22.53 billion, a P/E ratio of 8.45, a PEG ratio of 0.43 and a beta of 0.82. Fidelity National Information Services, Inc. has a 1 year low of $41.33 and a 1 year high of $82.74. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the firm posted $1.21 earnings per share. Fidelity National Information Services’s revenue for the quarter was up 30.1% compared to the same quarter last year. 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. Equities analysts forecast that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current year.
Fidelity National Information Services Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.0%. Fidelity National Information Services’s payout ratio is presently 34.11%.
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.
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