Cwm LLC Acquires 49 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Cwm LLC increased its holdings in FactSet Research Systems Inc. (NYSE:FDSGet Rating) by 9.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 572 shares of the business services provider’s stock after purchasing an additional 49 shares during the quarter. Cwm LLC’s holdings in FactSet Research Systems were worth $229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of FDS. PFG Advisors bought a new stake in shares of FactSet Research Systems in the second quarter worth about $2,780,000. Goldman Sachs Group Inc. grew its stake in shares of FactSet Research Systems by 42.9% in the second quarter. Goldman Sachs Group Inc. now owns 196,890 shares of the business services provider’s stock worth $75,718,000 after purchasing an additional 59,138 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of FactSet Research Systems by 94.9% in the second quarter. Robeco Institutional Asset Management B.V. now owns 113,435 shares of the business services provider’s stock worth $43,624,000 after purchasing an additional 55,235 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of FactSet Research Systems by 1.2% in the first quarter. Vanguard Group Inc. now owns 4,298,111 shares of the business services provider’s stock worth $1,866,025,000 after purchasing an additional 52,604 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. bought a new stake in FactSet Research Systems during the 2nd quarter valued at approximately $19,544,000. 89.98% of the stock is owned by institutional investors.

FactSet Research Systems Price Performance

FDS stock opened at $421.36 on Friday. The firm has a 50 day moving average price of $428.46 and a 200-day moving average price of $422.69. FactSet Research Systems Inc. has a 52-week low of $345.92 and a 52-week high of $474.13. The firm has a market capitalization of $16.12 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 2.78 and a beta of 0.82. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.16 and a current ratio of 2.16.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Wednesday, November 30th were issued a $0.89 dividend. The ex-dividend date of this dividend was Tuesday, November 29th. This represents a $3.56 dividend on an annualized basis and a yield of 0.84%. FactSet Research Systems’s payout ratio is currently 32.42%.

Insider Buying and Selling

In related news, CEO Frederick Philip Snow sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $463.67, for a total value of $1,159,175.00. Following the completion of the transaction, the chief executive officer now directly owns 8,247 shares in the company, valued at approximately $3,823,886.49. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other FactSet Research Systems news, EVP Jonathan Reeve sold 350 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, December 21st. The shares were sold at an average price of $403.81, for a total value of $141,333.50. Following the completion of the sale, the executive vice president now owns 178 shares of the company’s stock, valued at approximately $71,878.18. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 2,500 shares of FactSet Research Systems stock in a transaction that occurred on Thursday, December 1st. The stock was sold at an average price of $463.67, for a total transaction of $1,159,175.00. Following the completion of the sale, the chief executive officer now directly owns 8,247 shares of the company’s stock, valued at approximately $3,823,886.49. The disclosure for this sale can be found here. Insiders sold a total of 5,350 shares of company stock worth $2,370,359 in the last three months. Insiders own 0.97% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on FDS shares. Deutsche Bank Aktiengesellschaft cut their price objective on FactSet Research Systems from $493.00 to $477.00 and set a “buy” rating on the stock in a research report on Wednesday, December 21st. UBS Group lifted their price objective on FactSet Research Systems from $399.00 to $425.00 and gave the company a “neutral” rating in a research report on Wednesday, December 21st. Barclays lifted their price objective on FactSet Research Systems from $440.00 to $520.00 and gave the company an “overweight” rating in a research report on Friday, December 2nd. StockNews.com started coverage on FactSet Research Systems in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Credit Suisse Group raised FactSet Research Systems from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $485.00 to $500.00 in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $450.14.

About FactSet Research Systems

(Get Rating)

FactSet Research Systems Inc, a financial data and analytics company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.

See Also

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.