FactSet Research Systems Inc. (NYSE:FDS) Shares Purchased by Xponance Inc.

Xponance Inc. boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 12.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,292 shares of the business services provider’s stock after acquiring an additional 1,135 shares during the period. Xponance Inc.’s holdings in FactSet Research Systems were worth $4,910,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. First Capital Advisors Group LLC. purchased a new position in shares of FactSet Research Systems in the 2nd quarter worth $30,000. Clear Street Markets LLC raised its holdings in shares of FactSet Research Systems by 94.9% in the 1st quarter. Clear Street Markets LLC now owns 76 shares of the business services provider’s stock worth $32,000 after purchasing an additional 37 shares during the period. Tyler Stone Wealth Management acquired a new position in shares of FactSet Research Systems in the 2nd quarter valued at about $32,000. Eagle Bay Advisors LLC purchased a new stake in shares of FactSet Research Systems during the 2nd quarter worth about $32,000. Finally, IFP Advisors Inc grew its holdings in shares of FactSet Research Systems by 71.4% during the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock worth $37,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on FDS. Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group lifted their target price on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. BMO Capital Markets upped 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. Wolfe Research began coverage on FactSet Research Systems in a research report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 price objective on the stock. Finally, Stifel Nicolaus restated a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research note on Friday, March 22nd. Three investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $442.70.

FactSet Research Systems Trading Up 1.1 %

NYSE:FDS opened at $434.02 on Friday. The stock has a market cap of $16.54 billion, a price-to-earnings ratio of 34.36, a price-to-earnings-growth ratio of 2.64 and a beta of 0.72. FactSet Research Systems Inc. has a one year low of $380.96 and a one year high of $488.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. The business’s 50-day simple moving average is $454.49 and its 200 day simple moving average is $455.92.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data 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. 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. As a group, sell-side analysts predict that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

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

Insider Buying and Selling at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $452.10, for a total value of $1,356,300.00. Following the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,838,871.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

FactSet Research Systems Company 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.