Fidelity National Information Services, Inc. $FIS Shares Acquired by OFI Invest Asset Management

by · The Cerbat Gem

OFI Invest Asset Management grew its position in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 8,073.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 131,266 shares of the information technology services provider’s stock after acquiring an additional 129,660 shares during the period. OFI Invest Asset Management’s holdings in Fidelity National Information Services were worth $8,724,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FIS. Dodge & Cox raised its holdings in shares of Fidelity National Information Services by 22.2% in the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after purchasing an additional 7,830,710 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of Fidelity National Information Services by 585.9% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after purchasing an additional 2,852,118 shares in the last quarter. Mizuho Markets Americas LLC raised its holdings in shares of Fidelity National Information Services by 49.1% in the 3rd quarter. Mizuho Markets Americas LLC now owns 4,609,169 shares of the information technology services provider’s stock valued at $303,929,000 after purchasing an additional 1,518,200 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Fidelity National Information Services by 71.7% in the 2nd quarter. AQR Capital Management LLC now owns 2,483,575 shares of the information technology services provider’s stock valued at $201,294,000 after purchasing an additional 1,037,100 shares in the last quarter. Finally, Nomura Holdings Inc. raised its holdings in shares of Fidelity National Information Services by 32,832.1% in the 3rd quarter. Nomura Holdings Inc. now owns 843,390 shares of the information technology services provider’s stock valued at $55,613,000 after purchasing an additional 840,829 shares in the last quarter. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction on Thursday, March 5th. The shares were bought at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. This trade represents a 7.59% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jeffrey A. Goldstein acquired 941 shares of the stock in a transaction on Thursday, January 15th. The shares were acquired at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the transaction, the director directly owned 14,529 shares in the company, valued at $931,454.19. The trade was a 6.93% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.21% of the company’s stock.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $45.30 on Friday. The company’s fifty day moving average price is $49.14 and its 200 day moving average price is $59.60. Fidelity National Information Services, Inc. has a 12 month low of $44.48 and a 12 month high of $82.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market capitalization of $23.30 billion, a P/E ratio of 62.05, a P/E/G ratio of 0.46 and a beta of 0.90.

Fidelity National Information Services (NYSE:FISGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the business earned $1.40 earnings per share. Fidelity National Information Services’s revenue was up 8.2% compared to the same quarter last year. 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, sell-side analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, March 10th. This is an increase from Fidelity National Information Services’s previous quarterly dividend of $0.40. Fidelity National Information Services’s payout ratio is 241.10%.

Analyst Ratings Changes

FIS has been the topic of a number of analyst reports. Raymond James Financial reduced their price objective on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada reduced their price objective on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. UBS Group cut their price target on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Truist Financial cut their price target on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a research note on Tuesday, March 3rd. Finally, Argus cut their price target on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Moderate Buy” and an average target price of $69.67.

View Our Latest Research Report on Fidelity National Information Services

Fidelity National Information Services Company Profile

(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.

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