Czech National Bank Acquires 6,763 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• The Czech National Bank increased its stake in Fidelity National Information Services, Inc. by 5.6% during Q2, now holding 128,425 shares worth approximately $10.46 million.
• Fidelity National Information Services reported earnings of $1.36 per share for the latest quarter, matching analysts' expectations, with a 5.1% year-over-year revenue growth.
• The company declared a quarterly dividend of $0.40, representing an annualized rate of $1.60 and a dividend yield of 2.4%.

Czech National Bank lifted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 5.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,425 shares of the information technology services provider's stock after acquiring an additional 6,763 shares during the period. Czech National Bank's holdings in Fidelity National Information Services were worth $10,455,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Sierra Ocean LLC raised its position in shares of Fidelity National Information Services by 356.0% in the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider's stock worth $26,000 after acquiring an additional 267 shares in the last quarter. YANKCOM Partnership raised its position in shares of Fidelity National Information Services by 118.8% in the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider's stock worth $26,000 after acquiring an additional 190 shares in the last quarter. Meeder Asset Management Inc. raised its position in shares of Fidelity National Information Services by 92.1% in the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider's stock worth $26,000 after acquiring an additional 164 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of Fidelity National Information Services by 179.9% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider's stock worth $29,000 after acquiring an additional 250 shares in the last quarter. Finally, Kennebec Savings Bank raised its position in shares of Fidelity National Information Services by 71.3% in the 1st quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider's stock worth $33,000 after acquiring an additional 186 shares in the last quarter. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock traded down $1.13 during trading on Friday, hitting $65.11. The stock had a trading volume of 6,951,504 shares, compared to its average volume of 3,967,294. Fidelity National Information Services, Inc. has a 1 year low of $65.03 and a 1 year high of $91.98. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The stock's 50 day moving average is $72.81 and its two-hundred day moving average is $75.48. The stock has a market cap of $34.01 billion, a price-to-earnings ratio of 361.73 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting the consensus estimate of $1.36. Fidelity National Information Services had a return on equity of 18.73% and a net margin of 1.09%.The business had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. Fidelity National Information Services's revenue for the quarter was up 5.1% on a year-over-year basis. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, analysts predict that Fidelity National Information Services, Inc. will post 5.74 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a yield of 2.5%. Fidelity National Information Services's payout ratio is presently 888.89%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Robert W. Baird lifted their price objective on Fidelity National Information Services from $82.00 to $86.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. UBS Group decreased their target price on Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Keefe, Bruyette & Woods decreased their target price on Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating for the company in a research report on Wednesday, August 6th. Susquehanna decreased their target price on Fidelity National Information Services from $81.00 to $77.00 and set a "neutral" rating for the company in a research report on Friday, September 12th. Finally, Truist Financial boosted their target price on Fidelity National Information Services from $84.00 to $85.00 and gave the company a "hold" rating in a research report on Thursday, July 17th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $91.17.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.