Global X Japan Co. Ltd. Purchases 12,886 Shares of Fidelity National Information Services, Inc. $FIS

Global X Japan Co. Ltd. boosted its position in Fidelity National Information Services, Inc. (NYSE:FISFree Report) by 372.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,347 shares of the information technology services provider’s stock after buying an additional 12,886 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Fidelity National Information Services were worth $1,086,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of FIS. Brighton Jones LLC acquired a new position in Fidelity National Information Services during the fourth quarter worth $347,000. Geneos Wealth Management Inc. boosted its stake in shares of Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after buying an additional 431 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Fidelity National Information Services in the 2nd quarter valued at about $302,000. American Century Companies Inc. increased its position in shares of Fidelity National Information Services by 25.4% in the second quarter. American Century Companies Inc. now owns 42,310 shares of the information technology services provider’s stock valued at $3,445,000 after acquiring an additional 8,563 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new stake in Fidelity National Information Services during the second quarter worth about $1,076,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on FIS shares. BNP Paribas Exane decreased their price target on Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating for the company in a research note on Tuesday, January 20th. Truist Financial lowered their target price on shares of Fidelity National Information Services from $69.00 to $57.00 and set a “hold” rating on the stock in a report on Tuesday, March 3rd. Royal Bank Of Canada dropped their price target on shares of Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Wolfe Research decreased their price objective 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. Finally, JPMorgan Chase & Co. dropped their target price on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Fourteen 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, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.86.

View Our Latest Stock Report on FIS

Insider Transactions at Fidelity National Information Services

In related news, CEO Stephanie Ferris purchased 19,846 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the purchase, the chief executive officer owned 281,458 shares in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 bought at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, the director owned 14,529 shares in the company, valued at approximately $931,454.19. This trade represents a 6.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.21% of the company’s stock.

Fidelity National Information Services Trading Down 0.5%

Shares of NYSE:FIS opened at $47.34 on Friday. Fidelity National Information Services, Inc. has a 12-month low of $46.16 and a 12-month high of $82.74. The business has a 50 day moving average of $51.82 and a 200-day moving average of $61.03. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The stock has a market cap of $24.35 billion, a PE ratio of 64.85, 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 earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the business posted $1.40 EPS. Fidelity National Information Services’s revenue for the quarter was up 8.2% on a year-over-year basis. 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, equities research analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current 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 paid a $0.44 dividend. This is a positive change from Fidelity National Information Services’s previous quarterly dividend of $0.40. The ex-dividend date was Tuesday, March 10th. This represents a $1.76 annualized dividend and a yield of 3.7%. Fidelity National Information Services’s dividend payout ratio is presently 241.10%.

Fidelity National Information Services 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.

See Also

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

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