Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 3,000 Shares of Fidelity National Information Services, Inc. $FIS

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Fidelity National Information Services, Inc. (NYSE:FIS) by 3.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 88,817 shares of the information technology services provider’s stock after acquiring an additional 3,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Fidelity National Information Services were worth $7,231,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FIS. Baupost Group LLC MA acquired a new position in shares of Fidelity National Information Services in the 1st quarter valued at $260,853,000. Nuveen LLC bought a new stake in Fidelity National Information Services in the first quarter valued at about $187,514,000. Invesco Ltd. lifted its stake in Fidelity National Information Services by 22.9% in the first quarter. Invesco Ltd. now owns 9,304,011 shares of the information technology services provider’s stock valued at $694,824,000 after buying an additional 1,730,878 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its holdings in Fidelity National Information Services by 17.4% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 6,666,499 shares of the information technology services provider’s stock worth $497,854,000 after buying an additional 986,646 shares during the last quarter. Finally, Hawk Ridge Capital Management LP grew its position in shares of Fidelity National Information Services by 647.7% during the 1st quarter. Hawk Ridge Capital Management LP now owns 1,062,280 shares of the information technology services provider’s stock worth $79,331,000 after buying an additional 920,200 shares during the period. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Trading Down 6.7%

Shares of NYSE:FIS opened at $61.53 on Thursday. The firm has a market cap of $32.14 billion, a price-to-earnings ratio of 341.86 and a beta of 1.05. Fidelity National Information Services, Inc. has a 12 month low of $59.51 and a 12 month high of $91.98. The company’s fifty day simple moving average is $67.27 and its 200 day simple moving average is $74.38. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63.

Fidelity National Information Services (NYSE:FIS) last released its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.36. The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.57 billion. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Jeffrey A. Goldstein bought 889 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were purchased at an average price of $67.66 per share, for a total transaction of $60,149.74. Following the purchase, the director owned 13,588 shares of the company’s stock, valued at approximately $919,364.08. The trade was a 7.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FIS. KeyCorp reissued a “hold” rating on shares of Fidelity National Information Services in a research note on Wednesday, October 22nd. Truist Financial cut their target price on shares of Fidelity National Information Services from $75.00 to $72.00 and set a “hold” rating on the stock in a report on Friday, October 24th. UBS Group raised shares of Fidelity National Information Services from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a report on Tuesday, September 30th. Susquehanna dropped their price objective on Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, September 12th. Finally, Citigroup upgraded Fidelity National Information Services to a “hold” rating in a report on Thursday, October 23rd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus target price of $87.94.

About Fidelity National Information Services

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.