Fidelity National Information Services, Inc. $FIS Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC increased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 4.3% in the 4th quarter, HoldingsChannel reports. The firm owned 1,237,405 shares of the information technology services provider’s stock after purchasing an additional 51,490 shares during the period. Hsbc Holdings PLC’s holdings in Fidelity National Information Services were worth $82,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised 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 buying an additional 194 shares in the last quarter. Raiffeisen Bank International AG purchased a new stake in shares of Fidelity National Information Services in the third quarter valued at approximately $29,000. GoalVest Advisory LLC purchased a new stake in shares of Fidelity National Information Services in the fourth quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after acquiring an additional 362 shares during the period. Finally, Reflection Asset Management purchased a new position in Fidelity National Information Services in the fourth quarter worth $34,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on FIS shares. The Goldman Sachs Group cut their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a report on Monday, May 11th. Truist Financial lowered their target price on shares of Fidelity National Information Services from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday, May 28th. Oppenheimer dropped their target price on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. UBS Group reduced their price target on shares of Fidelity National Information Services from $73.00 to $63.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, Stephens lowered their price target on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services has a consensus rating of “Moderate Buy” and a consensus price target of $61.33.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $37.71 on Tuesday. The stock has a market capitalization of $19.49 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.37 and a beta of 0.79. Fidelity National Information Services, Inc. has a 12-month low of $37.42 and a 12-month high of $82.74. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The firm’s 50-day moving average is $43.27 and its two-hundred day moving average is $51.69.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. The business had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business’s revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 earnings per share. 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 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 will be paid on Thursday, June 25th. Investors 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 annualized dividend and a yield of 4.7%. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 34.11%.

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.