FactSet Research Systems Inc. (NYSE:FDS) Position Increased by Blue Trust Inc.

Blue Trust Inc. raised its position in shares of FactSet Research Systems Inc. (NYSE:FDSFree Report) by 265.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 311 shares of the business services provider’s stock after buying an additional 226 shares during the quarter. Blue Trust Inc.’s holdings in FactSet Research Systems were worth $136,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FDS. First Capital Advisors Group LLC. purchased a new stake in FactSet Research Systems during the second quarter valued at about $30,000. Clear Street Markets LLC lifted its stake in FactSet Research Systems by 94.9% during the first quarter. Clear Street Markets LLC now owns 76 shares of the business services provider’s stock valued at $32,000 after buying an additional 37 shares in the last quarter. Tyler Stone Wealth Management purchased a new stake in FactSet Research Systems during the second quarter valued at about $32,000. Eagle Bay Advisors LLC purchased a new stake in shares of FactSet Research Systems in the second quarter worth approximately $32,000. Finally, IFP Advisors Inc lifted its position in shares of FactSet Research Systems by 71.4% in the third quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock worth $37,000 after purchasing an additional 35 shares in the last quarter. 91.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the transaction, the chief executive officer now owns 12,915 shares in the company, valued at $6,147,798.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.00% of the company’s stock.

FactSet Research Systems Trading Down 0.7 %

NYSE:FDS opened at $439.92 on Wednesday. The stock’s 50 day moving average price is $466.25 and its 200 day moving average price is $456.22. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The company has a market capitalization of $16.76 billion, a P/E ratio of 34.83, a P/E/G ratio of 2.80 and a beta of 0.72. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.68 and a current ratio of 1.79.

FactSet Research Systems (NYSE:FDSGet Free Report) last announced its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, beating the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. The company had revenue of $545.95 million for the quarter, compared to the consensus estimate of $547.93 million. On average, research analysts forecast that FactSet Research Systems Inc. will post 15.78 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.92 annualized dividend and a yield of 0.89%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.04%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $480.00 price target (up from $471.00) on shares of FactSet Research Systems in a research report on Friday, December 8th. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Stifel Nicolaus reissued a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. BMO Capital Markets increased their price target on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. Finally, The Goldman Sachs Group increased their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research report on Friday, March 22nd. Two research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $444.11.

Check Out Our Latest Stock Analysis on FactSet Research Systems

About FactSet Research Systems

(Free Report)

FactSet Research Systems Inc, a financial data 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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