Fidelity National Information Services, Inc. $FIS Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 91.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,756 shares of the information technology services provider’s stock after purchasing an additional 12,289 shares during the period. Sequoia Financial Advisors LLC’s holdings in Fidelity National Information Services were worth $1,208,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nordea Investment Management AB lifted its position in Fidelity National Information Services by 15.4% in the 4th quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider’s stock worth $96,048,000 after buying an additional 191,957 shares in the last quarter. Clear Trail Advisors LLC purchased a new position in shares of Fidelity National Information Services during the 4th quarter valued at $2,590,000. SG Americas Securities LLC increased its stake in shares of Fidelity National Information Services by 702.1% in the fourth quarter. SG Americas Securities LLC now owns 576,026 shares of the information technology services provider’s stock worth $38,283,000 after acquiring an additional 504,215 shares during the last quarter. Norges Bank acquired a new position in shares of Fidelity National Information Services in the fourth quarter worth $495,956,000. Finally, Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services during the fourth quarter worth $347,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Up 3.5%

Shares of NYSE:FIS opened at $42.55 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The stock’s 50-day moving average is $41.03 and its 200-day moving average is $48.41. The company has a market cap of $21.99 billion, a P/E ratio of 8.25, a P/E/G ratio of 0.40 and a beta of 0.80. Fidelity National Information Services, Inc. has a 52-week low of $37.42 and a 52-week high of $82.62.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.08. The firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.21 EPS. 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 research analysts predict that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s payout ratio is 34.11%.

Analyst Ratings Changes

FIS has been the subject of a number of research reports. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Royal Bank Of Canada cut their price target on Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Stephens lowered their price target on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Oppenheimer cut their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Finally, Truist Financial lowered their price target on Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a report on Thursday, May 28th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $58.77.

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.