UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $381.54 Million Stock Holdings in Fidelity National Information Services, Inc. $FIS

Key Points

• UBS AM has reduced its holdings in Fidelity National Information Services by 6.3%, now owning approximately 5.1 million shares worth $381.5 million after selling 343,009 shares in the first quarter.
• Fidelity National Information Services reported a net margin of 1.09% and a return on equity of 18.73%, with quarterly revenue up 5.1% compared to the previous year.
• The company announced a quarterly dividend of $0.40 per share, which equates to an annualized dividend yield of 2.4%, and the dividend payout ratio stands at 888.89%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC decreased its position in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 6.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,109,026 shares of the information technology services provider's stock after selling 343,009 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.97% of Fidelity National Information Services worth $381,542,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FIS. Monetary Management Group Inc. boosted its stake in shares of Fidelity National Information Services by 2.8% during the 1st quarter. Monetary Management Group Inc. now owns 4,960 shares of the information technology services provider's stock worth $370,000 after acquiring an additional 135 shares in the last quarter. Phoenix Wealth Advisors lifted its position in Fidelity National Information Services by 0.4% during the first quarter. Phoenix Wealth Advisors now owns 30,861 shares of the information technology services provider's stock worth $2,305,000 after buying an additional 135 shares during the period. Retirement Wealth Solutions LLC boosted its position in shares of Fidelity National Information Services by 3.7% in the first quarter. Retirement Wealth Solutions LLC now owns 4,140 shares of the information technology services provider's stock worth $309,000 after acquiring an additional 146 shares during the last quarter. Stonebrook Private Inc. grew its stake in shares of Fidelity National Information Services by 0.6% during the 1st quarter. Stonebrook Private Inc. now owns 24,424 shares of the information technology services provider's stock valued at $1,824,000 after buying an additional 146 shares during the period. Finally, Integrated Advisors Network LLC increased its stake in Fidelity National Information Services by 4.7% during the first quarter. Integrated Advisors Network LLC now owns 3,284 shares of the information technology services provider's stock worth $245,000 after acquiring an additional 147 shares during the last quarter. Institutional investors and hedge funds own 96.23% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on FIS. Keefe, Bruyette & Woods decreased their price target on 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. UBS Group cut their price objective on Fidelity National Information Services from $84.00 to $82.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th. Robert W. Baird raised their price target on shares of 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. Finally, Truist Financial upped their price objective on Fidelity National Information Services from $84.00 to $85.00 and gave the stock a "hold" rating in a research note on Thursday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $91.63.

Fidelity National Information Services Stock Performance

Shares of FIS traded down $0.82 during trading hours on Friday, reaching $66.89. 4,107,075 shares of the company's stock traded hands, compared to its average volume of 3,896,908. Fidelity National Information Services, Inc. has a twelve month low of $65.82 and a twelve month high of $91.98. The business's fifty day simple moving average is $74.16 and its two-hundred day simple moving average is $75.58. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market capitalization of $34.94 billion, a price-to-earnings ratio of 371.63 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 analysts' consensus estimates of $1.36. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The firm had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the prior year, the firm posted $1.36 EPS. Fidelity National Information Services's revenue 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. Analysts predict that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

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

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.