Fidelity National Information Services, Inc. $FIS Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Fidelity National Information Services by 22.2%, owning approximately 361,287 shares valued at about $26.9 million.
• Fidelity National Information Services has reported an earnings per share of $1.36 for the last quarter, matching the consensus estimate and showing a 5.1% year-over-year revenue growth.
• The company has declared a $0.40 quarterly dividend with an annualized yield of 2.3%, despite having a high dividend payout ratio of 888.89%.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 22.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 361,287 shares of the information technology services provider's stock after purchasing an additional 65,575 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.07% of Fidelity National Information Services worth $26,914,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FIS. Brighton Jones LLC purchased a new stake in Fidelity National Information Services during the fourth quarter valued at approximately $347,000. Captrust Financial Advisors lifted its position in Fidelity National Information Services by 81.4% during the fourth quarter. Captrust Financial Advisors now owns 58,014 shares of the information technology services provider's stock valued at $4,686,000 after acquiring an additional 26,029 shares during the last quarter. CoreCap Advisors LLC lifted its position in Fidelity National Information Services by 877.6% during the fourth quarter. CoreCap Advisors LLC now owns 567 shares of the information technology services provider's stock valued at $46,000 after acquiring an additional 509 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in Fidelity National Information Services during the fourth quarter valued at approximately $260,000. Finally, Deutsche Bank AG lifted its position in Fidelity National Information Services by 23.1% during the fourth quarter. Deutsche Bank AG now owns 2,084,299 shares of the information technology services provider's stock valued at $168,349,000 after acquiring an additional 391,025 shares during the last quarter. Hedge funds and other institutional investors own 96.23% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Robert W. Baird increased their target price on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Truist Financial raised their price target on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the stock a "hold" rating in a report on Thursday, July 17th. Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating for the company in a report on Wednesday, August 6th. Finally, UBS Group decreased their price target on shares of Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services presently has a consensus rating of "Moderate Buy" and an average price target of $91.63.

Fidelity National Information Services Stock Performance

FIS traded up $1.24 on Thursday, reaching $67.61. The stock had a trading volume of 4,810,351 shares, compared to its average volume of 3,664,656. Fidelity National Information Services, Inc. has a 12-month low of $65.82 and a 12-month high of $91.98. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The business's 50-day moving average price is $74.74 and its two-hundred day moving average price is $75.61. The company has a market cap of $35.32 billion, a P/E ratio of 375.56 and a beta of 1.05.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same quarter last year, the business earned $1.36 earnings per share. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. 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. Sell-side analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.40 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. Fidelity National Information Services's dividend payout ratio (DPR) is 888.89%.

Fidelity National Information Services 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.