D.A. Davidson & CO. Has $1.16 Million Stock Holdings in Fidelity National Information Services, Inc. $FIS

Key Points

• D.A. Davidson & Co. trimmed its FIS stake by 76.4% in Q4, selling 56,322 shares and retaining 17,384 shares worth about $1.155 million.
• Wall Street's consensus is a Moderate Buy with an average price target of $67.10 (13 Buys, 7 Holds, 2 Sells), although several firms have recently cut target prices and ratings.
• CEO Stephanie Ferris bought 19,846 shares for roughly $1.0 million, increasing her holdings to 281,458 shares, and the company declared a $0.44 quarterly dividend (3.8% yield) with a payout ratio of 241.10%.

D.A. Davidson & CO. trimmed its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 76.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,384 shares of the information technology services provider's stock after selling 56,322 shares during the quarter. D.A. Davidson & CO.'s holdings in Fidelity National Information Services were worth $1,155,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nordea Investment Management AB grew its holdings in shares of Fidelity National Information Services by 15.4% during the 4th quarter. Nordea Investment Management AB now owns 1,440,210 shares of the information technology services provider's stock worth $96,048,000 after purchasing an additional 191,957 shares in the last quarter. AGF Management Ltd. acquired a new stake in shares of Fidelity National Information Services during the 3rd quarter worth $3,096,000. Clear Trail Advisors LLC acquired a new stake in shares of Fidelity National Information Services during the 4th quarter worth $2,590,000. Independent Advisor Alliance grew its holdings in shares of Fidelity National Information Services by 177.8% during the 3rd quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider's stock worth $2,637,000 after purchasing an additional 25,593 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Fidelity National Information Services by 45.1% during the 3rd quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider's stock worth $17,508,000 after purchasing an additional 82,518 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FIS has been the topic of several analyst reports. BNP Paribas Exane reduced their target price on Fidelity National Information Services from $47.00 to $40.00 and set an "underperform" rating on the stock in a report on Friday, April 10th. Truist Financial reduced their target price on Fidelity National Information Services from $57.00 to $50.00 and set a "hold" rating on the stock in a report on Friday, April 24th. Weiss Ratings reissued a "sell (d)" rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Argus reduced their target price on Fidelity National Information Services from $92.00 to $65.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Finally, Royal Bank Of Canada reduced their target price on Fidelity National Information Services from $86.00 to $69.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Thirteen 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. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $67.10.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $46.57 on Monday. The stock's 50-day simple moving average is $48.16 and its 200 day simple moving average is $57.46. The firm has a market capitalization of $24.07 billion, a PE ratio of 63.79, a price-to-earnings-growth ratio of 0.46 and a beta of 0.82. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services, Inc. has a twelve month low of $43.29 and a twelve month high of $82.74.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). The business had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business earned $1.40 earnings per share. 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. On average, analysts anticipate that Fidelity National Information Services, Inc. will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 3.8%. Fidelity National Information Services's dividend payout ratio (DPR) is 241.10%.

Insiders Place Their Bets

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the purchase, the chief executive officer directly owned 281,458 shares of the company's stock, valued at $14,182,668.62. This represents a 7.59% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is owned by company insiders.

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.

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