Universal Beteiligungs und Servicegesellschaft mbH Sells 48,811 Shares of Fidelity National Information Services, Inc. $FIS

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH sold 48,811 shares of FIS, reducing its holdings by 12.1% to 354,559 shares worth about $23.63 million (roughly 0.07% of the company).
• CEO Stephanie Ferris bought 19,846 shares at $50.39, increasing her stake to 281,458 shares, and insiders now own about 0.21% of FIS.
• Analysts have trimmed price targets but the consensus is a Moderate Buy with an average target of $67.10 (13 Buy, 7 Hold, 2 Sell ratings).

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 354,559 shares of the information technology services provider's stock after selling 48,811 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Fidelity National Information Services worth $23,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of FIS. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $347,000. Geneos Wealth Management Inc. grew its position in shares of Fidelity National Information Services by 70.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider's stock valued at $78,000 after acquiring an additional 431 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $302,000. Marshall Wace LLP bought a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $4,896,000. Finally, Cresset Asset Management LLC grew its position in shares of Fidelity National Information Services by 20.5% during the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider's stock valued at $431,000 after acquiring an additional 901 shares during the period. Institutional investors own 96.23% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FIS shares. UBS Group cut their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a "buy" rating for the company in a research report on Wednesday, February 25th. The Goldman Sachs Group dropped their target price on shares of Fidelity National Information Services from $70.00 to $65.00 and set a "buy" rating for the company in a report on Monday, April 13th. Argus dropped their target price on shares of Fidelity National Information Services from $92.00 to $65.00 and set a "buy" rating for the company in a report on Thursday, February 26th. BNP Paribas Exane dropped their target price on shares of Fidelity National Information Services from $47.00 to $40.00 and set an "underperform" rating for the company in a report on Friday, April 10th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Fidelity National Information Services presently has an average rating of "Moderate Buy" and an average target price of $67.10.

Insider Buying and Selling

In related news, CEO Stephanie Ferris purchased 19,846 shares of the firm's stock in a transaction on Thursday, March 5th. The shares were acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, the chief executive officer directly owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is currently owned by insiders.

Fidelity National Information Services Trading Up 0.0%

Shares of Fidelity National Information Services stock opened at $45.75 on Friday. The company has a market capitalization of $23.53 billion, a P/E ratio of 62.67, a P/E/G ratio of 0.45 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.59. The company has a fifty day moving average of $48.30 and a 200 day moving average of $58.20. Fidelity National Information Services, Inc. has a fifty-two week low of $43.29 and a fifty-two week high of $82.74.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last issued its earnings results 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 firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 EPS. 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, sell-side analysts anticipate that Fidelity National Information Services, Inc. will post 6.28 earnings per share for the current fiscal year.

Fidelity National Information Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, March 10th. This is an increase from Fidelity National Information Services's previous quarterly dividend of $0.40. Fidelity National Information Services's dividend payout ratio is presently 241.10%.

About Fidelity National Information Services

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.