Ellevest Inc. Has $44,000 Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Ellevest Inc. raised its stake in FactSet Research Systems Inc. (NYSE:FDSGet Rating) by 1,275.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110 shares of the business services provider’s stock after purchasing an additional 102 shares during the period. Ellevest Inc.’s holdings in FactSet Research Systems were worth $44,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ossiam grew its stake in FactSet Research Systems by 87.9% in the 2nd quarter. Ossiam now owns 3,104 shares of the business services provider’s stock valued at $1,194,000 after buying an additional 1,452 shares during the last quarter. Natixis grew its position in shares of FactSet Research Systems by 2,449.9% in the second quarter. Natixis now owns 13,591 shares of the business services provider’s stock valued at $5,227,000 after purchasing an additional 13,058 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in shares of FactSet Research Systems by 19.9% during the second quarter. Checchi Capital Advisers LLC now owns 716 shares of the business services provider’s stock worth $308,000 after purchasing an additional 119 shares during the period. Everence Capital Management Inc. lifted its holdings in FactSet Research Systems by 92.6% during the 3rd quarter. Everence Capital Management Inc. now owns 1,810 shares of the business services provider’s stock worth $724,000 after purchasing an additional 870 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in FactSet Research Systems by 37.6% in the 2nd quarter. Sei Investments Co. now owns 40,622 shares of the business services provider’s stock valued at $15,676,000 after purchasing an additional 11,101 shares during the period. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $423.76 on Monday. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $16.21 billion, a PE ratio of 38.59, a PEG ratio of 2.85 and a beta of 0.82. The firm has a 50 day moving average of $428.70 and a 200-day moving average of $424.05. FactSet Research Systems Inc. has a 12 month low of $345.92 and a 12 month high of $474.13.

FactSet Research Systems (NYSE:FDSGet Rating) last announced its quarterly earnings data on Tuesday, December 20th. The business services provider reported $3.99 EPS for the quarter, beating the consensus estimate of $3.60 by $0.39. FactSet Research Systems had a net margin of 22.15% and a return on equity of 41.53%. The business had revenue of $504.82 million during the quarter, compared to the consensus estimate of $510.88 million. On average, equities research analysts predict that FactSet Research Systems Inc. will post 14.87 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

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

Insider Buying and Selling at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 2,500 shares of the stock in a transaction dated 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 owns 8,247 shares of the company’s stock, valued at $3,823,886.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Jonathan Reeve sold 350 shares of the firm’s stock in a transaction on Wednesday, December 21st. The stock was sold at an average price of $403.81, for a total transaction of $141,333.50. Following 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 document filed with the SEC, which is available at this hyperlink. Also, CEO Frederick Philip Snow sold 2,500 shares of the company’s stock in a transaction dated Thursday, December 1st. The stock was 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 of the company’s stock, valued at approximately $3,823,886.49. The disclosure for this sale can be found here. Insiders have sold a total of 5,350 shares of company stock worth $2,370,359 over the last 90 days. Insiders own 0.97% of the company’s stock.

About FactSet Research Systems

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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.

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

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