Moore Capital Management LP Reduces Stock Position in Fidelity National Information Services, Inc. $FIS

Moore Capital Management LP lessened its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 29.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 537,460 shares of the information technology services provider’s stock after selling 224,140 shares during the quarter. Moore Capital Management LP’s holdings in Fidelity National Information Services were worth $20,896,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Meiji Yasuda Life Insurance Co boosted its stake in Fidelity National Information Services by 14.8% during the second quarter. Meiji Yasuda Life Insurance Co now owns 11,792 shares of the information technology services provider’s stock worth $458,000 after buying an additional 1,520 shares during the last quarter. New Mexico Educational Retirement Board increased its stake in shares of Fidelity National Information Services by 7.5% in the 2nd quarter. New Mexico Educational Retirement Board now owns 25,814 shares of the information technology services provider’s stock worth $1,004,000 after acquiring an additional 1,800 shares during the last quarter. Mufg Securities Americas Inc. raised its holdings in shares of Fidelity National Information Services by 8.6% during the 2nd quarter. Mufg Securities Americas Inc. now owns 15,568 shares of the information technology services provider’s stock worth $605,000 after acquiring an additional 1,239 shares during the period. Investors Asset Management of Georgia Inc. GA ADV raised its holdings in shares of Fidelity National Information Services by 5.3% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 69,870 shares of the information technology services provider’s stock worth $2,717,000 after acquiring an additional 3,488 shares during the period. Finally, Nissay Asset Management Corp Japan boosted its position in shares of Fidelity National Information Services by 4.2% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 69,564 shares of the information technology services provider’s stock valued at $2,705,000 after acquiring an additional 2,809 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Wolfe Research boosted their target price on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a research note on Monday, August 10th. Stephens restated an “equal weight” rating and set a $50.00 price target on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Finally, The Goldman Sachs Group reduced their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Fidelity National Information Services currently has a consensus rating of “Hold” and an average target price of $53.96.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $41.45 on Monday. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $70.38. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The company has a 50 day moving average price of $41.64 and a 200 day moving average price of $44.35. The stock has a market capitalization of $21.42 billion, a P/E ratio of 6.37, a PEG ratio of 0.43 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the previous year, the company earned $1.36 earnings per share. The firm’s quarterly revenue was up 29.1% compared to the same quarter last year. 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. Equities research analysts forecast that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services’s payout ratio is currently 27.04%.

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.