Union Bancaire Privee UBP SA Reduces Position in Fidelity National Information Services, Inc. $FIS

Union Bancaire Privee UBP SA decreased its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 98.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,953 shares of the information technology services provider’s stock after selling 187,785 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Fidelity National Information Services were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FIS. Brighton Jones LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter worth approximately $347,000. Geneos Wealth Management Inc. raised its position in Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Fidelity National Information Services during the 2nd quarter worth $302,000. Marshall Wace LLP acquired a new stake in Fidelity National Information Services during the 2nd quarter worth $4,896,000. Finally, Cresset Asset Management LLC grew its position in Fidelity National Information Services by 20.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after purchasing an additional 901 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Stock Up 0.4%

Shares of Fidelity National Information Services stock opened at $38.74 on Monday. Fidelity National Information Services, Inc. has a one year low of $37.42 and a one year high of $82.74. The company has a market cap of $20.02 billion, a P/E ratio of 7.51, a PEG ratio of 0.38 and a beta of 0.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a fifty day moving average of $42.64 and a two-hundred day moving average of $50.91.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.08. The business had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous 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. On average, analysts forecast that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, June 11th. Fidelity National Information Services’s dividend payout ratio is 34.11%.

Analyst Upgrades and Downgrades

FIS has been the topic of a number of recent research reports. Royal Bank Of Canada dropped their price objective on shares of Fidelity National Information Services from $69.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Citigroup lowered their price target on Fidelity National Information Services from $53.00 to $48.00 in a report on Friday, May 8th. Cantor Fitzgerald dropped their price target on Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Stephens reduced their price objective on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, TD Cowen decreased their price objective on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.33.

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.