Varma Mutual Pension Insurance Co Lowers Position in Fidelity National Information Services, Inc. $FIS

Key Points

• Varma Mutual Pension Insurance Co reduced its stake in FIS by 89.2% in Q4, selling 100,382 shares and retaining 12,200 shares valued at $811,000.
• CEO Stephanie Ferris purchased 19,846 shares on March 5 for about $1.0M, increasing her holdings to 281,458 shares (a 7.59% rise).
• FIS slightly missed Q4 EPS by $0.01 while revenue rose 8.2% YoY; analysts hold a “Moderate Buy” consensus with an average price target of $67.10, and the company set FY2026 guidance of 6.22–6.32 EPS and a $0.44 quarterly dividend (3.8% yield).

Varma Mutual Pension Insurance Co reduced its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 89.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,200 shares of the information technology services provider's stock after selling 100,382 shares during the quarter. Varma Mutual Pension Insurance Co's holdings in Fidelity National Information Services were worth $811,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC purchased a new stake in shares of Fidelity National Information Services during the 4th quarter valued at $347,000. Geneos Wealth Management Inc. increased 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 purchasing an additional 431 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $302,000. Marshall Wace LLP purchased a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at $4,896,000. Finally, Cresset Asset Management LLC increased 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 purchasing an additional 901 shares during the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris purchased 19,846 shares of the business's stock in a transaction on Thursday, March 5th. The stock was acquired at an average cost of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the transaction, the chief executive officer directly owned 281,458 shares in the company, valued at approximately $14,182,668.62. This represents a 7.59% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.21% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

FIS has been the subject of several research analyst reports. TD Cowen decreased their price target on shares of Fidelity National Information Services from $89.00 to $78.00 and set a "buy" rating for the company in a research note on Wednesday, February 25th. Argus decreased their price target on shares of Fidelity National Information Services from $92.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Stephens decreased their price target on shares of Fidelity National Information Services from $90.00 to $85.00 and set an "overweight" rating for the company in a research note on Friday, January 16th. Cantor Fitzgerald began coverage on Fidelity National Information Services in a report on Tuesday, January 27th. They issued an "overweight" rating and a $72.00 price objective for the company. Finally, Compass Point decreased their price objective on Fidelity National Information Services from $90.00 to $81.00 and set a "buy" rating for the company in a report on Tuesday, January 13th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $67.10.

Fidelity National Information Services Stock Down 1.4%

FIS stock opened at $46.62 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $24.10 billion, a PE ratio of 63.87, a PEG ratio of 0.46 and a beta of 0.82. Fidelity National Information Services, Inc. has a twelve month low of $43.29 and a twelve month high of $82.74. The stock has a 50-day simple moving average of $48.11 and a two-hundred day simple moving average of $57.32.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 EPS for the quarter, missing analysts' consensus estimates of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The firm had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.74 billion. During the same quarter last year, the firm earned $1.40 earnings per share. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. 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, equities analysts predict that Fidelity National Information Services, Inc. will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.8%. The ex-dividend date is Thursday, June 11th. Fidelity National Information Services's dividend payout ratio is presently 241.10%.

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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