Amundi Has $76.45 Million Position in Fidelity National Information Services, Inc. $FIS

Amundi lessened its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 20.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,966,324 shares of the information technology services provider's stock after selling 506,043 shares during the quarter. Amundi owned 0.38% of Fidelity National Information Services worth $76,451,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. MBM Wealth Consultants LLC bought a new stake in Fidelity National Information Services during the 1st quarter worth approximately $33,000. Reflection Asset Management purchased a new stake in shares of Fidelity National Information Services in the fourth quarter worth approximately $34,000. Kemnay Advisory Services Inc. bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at approximately $42,000. DV Equities LLC purchased a new position in shares of Fidelity National Information Services during the fourth quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. grew its holdings in Fidelity National Information Services by 254.5% during the fourth quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock worth $55,000 after buying an additional 598 shares in the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock opened at $38.11 on Thursday. The firm has a fifty day simple moving average of $41.99 and a two-hundred day simple moving average of $43.95. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. Fidelity National Information Services, Inc. has a twelve month low of $37.42 and a twelve month high of $69.14. The company has a market capitalization of $19.70 billion, a PE ratio of 5.85, a P/E/G ratio of 0.41 and a beta of 0.79.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.38 billion during the quarter, compared to analysts' expectations of $3.38 billion. During the same quarter in the prior year, the company posted $1.36 EPS. The firm's revenue for the quarter was up 29.1% compared to the same quarter last year. 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. Research analysts expect that Fidelity National Information Services, Inc. will post 6.19 EPS for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 4.6%. Fidelity National Information Services's dividend payout ratio is 27.04%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on FIS shares. TD Cowen reduced their target price on Fidelity National Information Services from $58.00 to $53.00 and set a "buy" rating for the company in a report on Wednesday, August 26th. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $46.00 price objective (down from $58.00) on shares of Fidelity National Information Services in a research report on Tuesday, August 25th. Royal Bank Of Canada dropped their target price on shares of Fidelity National Information Services from $57.00 to $53.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 5th. Truist Financial decreased their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a "hold" rating for the company in a research note on Friday, July 24th. Finally, Wall Street Zen lowered Fidelity National Information Services from a "buy" rating to a "hold" rating in a report on Sunday, May 17th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services has a consensus rating of "Hold" and an average target price of $53.96.

About Fidelity National Information Services

Fidelity National Information Services, Inc NYSE: FIS is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.

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