Fidelity National Information Services, Inc. $FIS is Mizuho Markets Americas LLC’s 4th Largest Position

Mizuho Markets Americas LLC lifted its position in Fidelity National Information Services, Inc. (NYSE:FIS) by 49.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,609,169 shares of the information technology services provider’s stock after purchasing an additional 1,518,200 shares during the period. Fidelity National Information Services comprises about 5.7% of Mizuho Markets Americas LLC’s portfolio, making the stock its 4th biggest holding. Mizuho Markets Americas LLC owned about 0.88% of Fidelity National Information Services worth $303,929,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FIS. Brighton Jones LLC acquired a new stake in Fidelity National Information Services in the 4th quarter valued at $347,000. Geneos Wealth Management Inc. lifted its holdings in Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at about $302,000. Wedmont Private Capital increased its stake in shares of Fidelity National Information Services by 26.0% during the second quarter. Wedmont Private Capital now owns 3,826 shares of the information technology services provider’s stock worth $306,000 after purchasing an additional 790 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Fidelity National Information Services by 17.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 121,893 shares of the information technology services provider’s stock valued at $9,967,000 after buying an additional 18,155 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of FIS opened at $63.38 on Monday. Fidelity National Information Services, Inc. has a twelve month low of $59.51 and a twelve month high of $83.97. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.64. The stock’s 50 day moving average is $65.78 and its two-hundred day moving average is $68.97. The firm has a market capitalization of $32.82 billion, a PE ratio of 234.74 and a beta of 0.93.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Wednesday, November 5th. The information technology services provider reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.03. Fidelity National Information Services had a return on equity of 19.76% and a net margin of 1.45%.The firm had revenue of $2.72 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the firm posted $1.40 earnings per share. Fidelity National Information Services’s revenue was up 5.7% on a year-over-year basis. Fidelity National Information Services has set its FY 2025 guidance at 5.740-5.780 EPS. Research analysts anticipate that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, December 9th. Fidelity National Information Services’s payout ratio is currently 592.59%.

Wall Street Analysts Forecast Growth

FIS has been the topic of a number of recent research reports. Royal Bank Of Canada lowered their price target on shares of Fidelity National Information Services from $93.00 to $86.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Jefferies Financial Group cut their target price on Fidelity National Information Services from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Tuesday, October 14th. Weiss Ratings reiterated a “sell (d)” rating on shares of Fidelity National Information Services in a report on Wednesday, October 8th. JPMorgan Chase & Co. dropped their price target on shares of Fidelity National Information Services from $85.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Finally, Truist Financial dropped their price objective on shares of Fidelity National Information Services from $72.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, November 19th. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $81.41.

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.