Fidelity National Information Services, Inc. $FIS Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. grew its stake in Fidelity National Information Services, Inc. (NYSE:FIS) by 10.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 275,809 shares of the information technology services provider’s stock after purchasing an additional 25,760 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 0.05% of Fidelity National Information Services worth $20,589,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Retirement Wealth Solutions LLC raised its stake in shares of Fidelity National Information Services by 3.7% in the 1st quarter. Retirement Wealth Solutions LLC now owns 4,140 shares of the information technology services provider’s stock valued at $309,000 after purchasing an additional 146 shares in the last quarter. Stonebrook Private Inc. grew its position in shares of Fidelity National Information Services by 0.6% during the 1st quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider’s stock valued at $1,824,000 after buying an additional 146 shares during the last quarter. Integrated Advisors Network LLC grew its position in shares of Fidelity National Information Services by 4.7% during the 1st quarter. Integrated Advisors Network LLC now owns 3,284 shares of the information technology services provider’s stock valued at $245,000 after buying an additional 147 shares during the last quarter. Private Trust Co. NA grew its position in shares of Fidelity National Information Services by 9.9% during the 1st quarter. Private Trust Co. NA now owns 1,660 shares of the information technology services provider’s stock valued at $124,000 after buying an additional 149 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Fidelity National Information Services by 8.2% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,013 shares of the information technology services provider’s stock valued at $150,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analyst Ratings Changes

FIS has been the subject of several recent analyst reports. Citigroup upgraded shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and upped their target price for the stock from $79.00 to $86.00 in a research report on Monday, April 21st. Stephens upped their target price on shares of Fidelity National Information Services from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 7th. Robert W. Baird upped their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 16th. Oppenheimer upgraded shares of Fidelity National Information Services from a “market perform” rating to an “outperform” rating and set a $94.00 target price for the company in a research report on Wednesday, April 23rd. Finally, Truist Financial upped their target price on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, July 17th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.63.

Fidelity National Information Services Stock Down 1.4%

FIS stock opened at $69.81 on Tuesday. Fidelity National Information Services, Inc. has a 12 month low of $66.51 and a 12 month high of $91.98. The firm has a market cap of $36.47 billion, a PE ratio of 387.84 and a beta of 1.04. The firm has a 50 day simple moving average of $78.66 and a 200 day simple moving average of $76.30. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the prior year, the business earned $1.36 earnings per share. The business’s quarterly revenue was up 5.1% on a year-over-year basis. Equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.60 annualized dividend and a yield of 2.3%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Fidelity National Information Services Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.