Algebris UK Ltd. Takes $41.37 Million Position in Fidelity National Information Services, Inc. $FIS

Key Points

• Algebris UK Ltd. acquired 1.07 million FIS shares worth approximately $41.37 million in the second quarter, making Fidelity National Information Services 2.7% of its portfolio. Institutional investors collectively own 96.23% of the stock.
• FIS reported quarterly EPS of $1.48, slightly above estimates, on $3.38 billion in revenue, up 29.1% year over year. Management guided for fiscal 2026 EPS of $6.15–$6.24.
• The company declared a quarterly dividend of $0.44 per share, or $1.76 annually, representing a 4.3% yield. Analysts’ consensus rating is “Hold,” with an average price target of $55.39 versus the reported share price of $40.65.

Algebris UK Ltd. bought a new position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,067,408 shares of the information technology services provider's stock, valued at approximately $41,370,000. Fidelity National Information Services comprises 2.7% of Algebris UK Ltd.'s portfolio, making the stock its 16th biggest position. Algebris UK Ltd. owned 0.21% of Fidelity National Information Services at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. BOKF NA boosted its holdings in Fidelity National Information Services by 0.6% during the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider's stock valued at $1,848,000 after acquiring an additional 159 shares during the period. Fiduciary Trust Co increased its stake in Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider's stock worth $228,000 after purchasing an additional 161 shares during the period. FJ Capital Management LLC increased its stake in Fidelity National Information Services by 4.7% in the second quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider's stock worth $293,000 after purchasing an additional 163 shares during the period. Salomon & Ludwin LLC lifted its position in shares of Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider's stock worth $26,000 after purchasing an additional 194 shares during the last quarter. Finally, Horizon Investments LLC boosted its stake in shares of Fidelity National Information Services by 2.6% during the fourth quarter. Horizon Investments LLC now owns 8,458 shares of the information technology services provider's stock valued at $562,000 after purchasing an additional 214 shares during the period. 96.23% of the stock is owned by hedge funds and other institutional investors.

Fidelity National Information Services Stock Down 0.7%

NYSE:FIS opened at $40.65 on Thursday. The company's 50-day simple moving average is $41.33 and its 200-day simple moving average is $44.92. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. Fidelity National Information Services, Inc. has a fifty-two week low of $37.42 and a fifty-two week high of $71.90. The stock has a market capitalization of $21.01 billion, a P/E ratio of 6.24, a P/E/G ratio of 0.42 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. Fidelity National Information Services's revenue was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.36 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, equities analysts anticipate that Fidelity National Information Services, Inc. will post 6.19 earnings per share for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services's dividend payout ratio is currently 27.04%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FIS shares. Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an "equal weight" rating and a $47.00 price objective for the company. The Goldman Sachs Group reduced their target price on shares of Fidelity National Information Services from $65.00 to $57.00 and set a "buy" rating on the stock in a research report on Monday, May 11th. Stephens reiterated an "equal weight" rating and issued a $50.00 price target on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Oppenheimer dropped their price objective on Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday, May 8th. Finally, Wall Street Zen downgraded Fidelity National Information Services from a "buy" rating to a "hold" rating in a report on Sunday, May 17th. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $55.39.

About Fidelity National Information Services

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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