Nykredit A S Invests $5.52 Million in Fidelity National Information Services, Inc. $FIS

Key Points

• Nykredit A/S acquired 142,029 FIS shares during the second quarter, valued at approximately $5.52 million. Institutional investors collectively own 96.23% of the company.
• Analyst sentiment remains cautious, with FIS holding an average “Hold” rating and an average price target of $53.96 after several firms lowered their targets.
• FIS slightly exceeded quarterly earnings expectations, reporting $1.48 in EPS on $3.38 billion in revenue, while announcing a quarterly dividend of $0.44 per share, equivalent to a 4.2% annualized yield.

Nykredit A S acquired a new stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 142,029 shares of the information technology services provider's stock, valued at approximately $5,522,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Reflection Asset Management purchased a new stake in Fidelity National Information Services during the 4th quarter worth approximately $34,000. Kemnay Advisory Services Inc. purchased a new position in shares of Fidelity National Information Services during the 4th quarter worth $42,000. MBM Wealth Consultants LLC acquired a new position in Fidelity National Information Services in the 1st quarter valued at about $33,000. DV Equities LLC acquired a new position in Fidelity National Information Services in the fourth quarter valued at approximately $48,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Fidelity National Information Services by 254.5% during the 4th quarter. Hantz Financial Services Inc. now owns 833 shares of the information technology services provider's stock worth $55,000 after purchasing an additional 598 shares during the period. Hedge funds and other institutional investors own 96.23% of the company's stock.

Analysts Set New Price Targets

FIS has been the subject of several research reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Stephens reaffirmed an "equal weight" rating and issued a $50.00 target price on shares of Fidelity National Information Services in a report on Tuesday, August 11th. Barclays decreased their price target on Fidelity National Information Services from $44.00 to $43.00 and set an "equal weight" rating for the company in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Fidelity National Information Services from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, August 25th. Finally, Truist Financial reduced their target price on Fidelity National Information Services from $45.00 to $43.00 and set a "hold" rating for the company in a report on Friday, July 24th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $53.96.

Fidelity National Information Services Stock Down 0.0%

FIS opened at $41.88 on Monday. The stock has a market capitalization of $21.65 billion, a P/E ratio of 6.43, a P/E/G ratio of 0.44 and a beta of 0.79. Fidelity National Information Services, Inc. has a 12 month low of $37.42 and a 12 month high of $70.27. The business has a 50 day simple moving average of $41.97 and a 200-day simple moving average of $44.13. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business's revenue for the quarter was up 29.1% on a year-over-year basis. During the same period in the prior year, the company 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, September 11th. Fidelity National Information Services's payout ratio is presently 27.04%.

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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