Perigon Wealth Management LLC Has $310,000 Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Perigon Wealth Management LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 6.2% during the fourth quarter, HoldingsChannel reports. The firm owned 649 shares of the business services provider’s stock after acquiring an additional 38 shares during the quarter. Perigon Wealth Management LLC’s holdings in FactSet Research Systems were worth $310,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. BKM Wealth Management LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at $1,174,000. Stratos Wealth Partners LTD. boosted its holdings in shares of FactSet Research Systems by 12.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 2,118 shares of the business services provider’s stock valued at $926,000 after purchasing an additional 237 shares in the last quarter. Advisors Preferred LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at $2,024,000. Nordea Investment Management AB boosted its holdings in shares of FactSet Research Systems by 45.1% in the 3rd quarter. Nordea Investment Management AB now owns 185,103 shares of the business services provider’s stock valued at $81,723,000 after purchasing an additional 57,502 shares in the last quarter. Finally, Fiera Capital Corp boosted its holdings in shares of FactSet Research Systems by 1.6% during the 3rd quarter. Fiera Capital Corp now owns 441,046 shares of the business services provider’s stock valued at $192,852,000 after acquiring an additional 6,960 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Transactions at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $452.10, for a total value of $1,356,300.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $5,838,871.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

FactSet Research Systems Stock Up 0.7 %

Shares of NYSE:FDS opened at $426.94 on Wednesday. The firm has a market cap of $16.27 billion, a P/E ratio of 33.80, a P/E/G ratio of 2.62 and a beta of 0.72. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. FactSet Research Systems Inc. has a 12-month low of $380.96 and a 12-month high of $488.64. The business has a fifty day simple moving average of $457.24 and a 200 day simple moving average of $456.16.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.83 by $0.39. The business had revenue of $545.95 million during the quarter, compared to analyst estimates of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. Analysts predict that FactSet Research Systems Inc. will post 15.83 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were given a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.04%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FDS. Wolfe Research began coverage on FactSet Research Systems in a report on Thursday, April 11th. They set an “underperform” rating and a $430.00 price objective on the stock. The Goldman Sachs Group raised their price objective on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Barclays reissued an “equal weight” rating and set a $460.00 price objective (down previously from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. Royal Bank of Canada reissued a “sector perform” rating and set a $464.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, BMO Capital Markets raised their price objective on FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a report on Monday, March 25th. Three equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $442.70.

About FactSet Research Systems

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.