Mutual of America Capital Management LLC Reduces Position in FactSet Research Systems Inc. (NYSE:FDS)

Mutual of America Capital Management LLC decreased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,082 shares of the business services provider’s stock after selling 255 shares during the quarter. Mutual of America Capital Management LLC’s holdings in FactSet Research Systems were worth $2,424,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of FDS. First Capital Advisors Group LLC. purchased a new stake in shares of FactSet Research Systems during the second quarter worth $30,000. Clear Street Markets LLC grew its holdings in shares of 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 worth $32,000 after buying an additional 37 shares in the last quarter. Tyler Stone Wealth Management purchased a new stake in shares of FactSet Research Systems during the second quarter worth $32,000. Eagle Bay Advisors LLC purchased a new stake in shares of FactSet Research Systems during the second quarter worth $32,000. Finally, IFP Advisors Inc grew its holdings in shares of FactSet Research Systems by 71.4% during the third quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock worth $37,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wolfe Research assumed coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an “underperform” rating and a $430.00 price target on the stock. Barclays reissued an “equal weight” rating and set a $460.00 price target (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada reissued a “sector perform” rating and set a $464.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. The Goldman Sachs Group upped their target price on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $469.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems presently has an average rating of “Hold” and a consensus target price of $442.70.

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 shares were sold at an average price of $476.02, for a total value of $1,428,060.00. Following the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $6,147,798.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

FactSet Research Systems Stock Up 1.1 %

FDS stock opened at $434.21 on Friday. The company’s 50 day moving average price is $454.49 and its 200 day moving average price is $455.78. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. FactSet Research Systems Inc. has a fifty-two week low of $380.96 and a fifty-two week high of $488.64. The firm has a market capitalization of $16.55 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 2.64 and a beta of 0.72.

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

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were paid a $0.98 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 annualized dividend and a yield of 0.90%. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

FactSet Research Systems Profile

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.