Fidelity National Information Services, Inc. $FIS Shares Acquired by UniSuper Management Pty Ltd

Key Points

• UniSuper Management Pty Ltd increased its holdings in Fidelity National Information Services, Inc. by 8.9%, now owning 48,463 shares valued at approximately $3.62 million.
• Thirteen analysts have rated the stock as a Buy with a consensus price target of $91.63, signaling positive market sentiment.
• Fidelity National Information Services announced a quarterly dividend of $0.40 per share, representing an annualized yield of 2.3%.

UniSuper Management Pty Ltd boosted its holdings in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 8.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,463 shares of the information technology services provider's stock after purchasing an additional 3,976 shares during the quarter. UniSuper Management Pty Ltd's holdings in Fidelity National Information Services were worth $3,619,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC purchased a new position in Fidelity National Information Services in the fourth quarter worth about $347,000. CoreCap Advisors LLC grew 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 buying an additional 509 shares during the period. EP Wealth Advisors LLC bought a new stake in Fidelity National Information Services during the fourth quarter valued at approximately $260,000. Fiduciary Trust Co purchased a new position in Fidelity National Information Services during the fourth quarter valued at approximately $216,000. Finally, Gotham Asset Management LLC boosted its stake in shares of Fidelity National Information Services by 6.5% in the fourth quarter. Gotham Asset Management LLC now owns 2,693 shares of the information technology services provider's stock worth $218,000 after acquiring an additional 164 shares during the period. Hedge funds and other institutional investors own 96.23% of the company's stock.

Fidelity National Information Services Stock Up 2.0%

Shares of FIS stock traded up $1.34 during mid-day trading on Thursday, hitting $67.71. 6,465,883 shares of the stock traded hands, compared to its average volume of 3,748,125. The stock has a market cap of $35.37 billion, a P/E ratio of 376.19 and a beta of 1.05. The stock's fifty day moving average is $74.74 and its two-hundred day moving average is $75.61. Fidelity National Information Services, Inc. has a 52-week low of $65.82 and a 52-week high of $91.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last announced 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. The firm had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. Fidelity National Information Services's revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $1.36 EPS. 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. Equities 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 declared a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.4%. The ex-dividend date is Wednesday, September 10th. Fidelity National Information Services's dividend payout ratio is 888.89%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FIS shares. UBS Group dropped their target price on shares of 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 price target on shares of Fidelity National Information Services from $92.00 to $88.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 6th. Robert W. Baird boosted 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 boosted 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 research report on Thursday, July 17th. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Fidelity National Information Services has a consensus rating of "Moderate Buy" and a consensus target price of $91.63.

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.