Wealthfront Advisers LLC Boosts Stake in Fidelity National Information Services, Inc. $FIS

Wealthfront Advisers LLC lifted its position in shares of Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 58.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,893 shares of the information technology services provider’s stock after acquiring an additional 11,710 shares during the quarter. Wealthfront Advisers LLC’s holdings in Fidelity National Information Services were worth $2,120,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of FIS. Salomon & Ludwin LLC boosted its stake in shares of Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 194 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Fidelity National Information Services during the 3rd quarter worth about $29,000. LRI Investments LLC boosted its stake in shares of Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 374 shares in the last quarter. Raiffeisen Bank International AG acquired a new position in shares of Fidelity National Information Services during the 3rd quarter worth about $29,000. Finally, GoalVest Advisory LLC acquired a new position in shares of Fidelity National Information Services during the 4th quarter worth about $33,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FIS. Royal Bank Of Canada reduced their price target on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Wells Fargo & Company reduced 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. Wolfe Research reduced their price target on shares of Fidelity National Information Services from $90.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Stephens reduced their price target on shares of Fidelity National Information Services from $90.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $67.10.

Read Our Latest Stock Analysis on Fidelity National Information Services

Fidelity National Information Services Stock Up 0.1%

FIS stock opened at $46.57 on Friday. The company has a market cap of $24.07 billion, a price-to-earnings ratio of 63.79, a PEG ratio of 0.46 and a beta of 0.82. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a 12 month low of $43.29 and a 12 month high of $82.74. The firm has a 50-day moving average of $48.16 and a two-hundred day moving average of $57.53.

Fidelity National Information Services (NYSE:FISGet Free Report) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.40 EPS. 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 forecast that Fidelity National Information Services, Inc. will post 6.27 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 3.8%. Fidelity National Information Services’s dividend payout ratio is presently 241.10%.

Insider Buying and Selling

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was bought at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.21% of the company’s stock.

About Fidelity National Information Services

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Fidelity National Information Services (NYSE:FIS)

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