470 Shares in FactSet Research Systems Inc. (NYSE:FDS) Purchased by Savant Capital LLC

Savant Capital LLC bought a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, Holdings Channel reports. The fund bought 470 shares of the business services provider’s stock, valued at approximately $224,000.

Other large investors have also modified their holdings of the company. Criterion Capital Advisors LLC bought a new stake in FactSet Research Systems during the fourth quarter valued at about $30,000. Desjardins Global Asset Management Inc. grew its position in shares of FactSet Research Systems by 69.4% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock worth $40,000 after buying an additional 34 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of FactSet Research Systems by 820.0% during the 3rd quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock worth $40,000 after acquiring an additional 82 shares in the last quarter. CVA Family Office LLC purchased a new stake in FactSet Research Systems during the fourth quarter valued at approximately $49,000. Finally, Milestone Investment Advisors LLC acquired a new stake in FactSet Research Systems in the third quarter valued at approximately $46,000. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of NYSE FDS opened at $435.49 on Wednesday. The stock has a market cap of $16.60 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 2.71 and a beta of 0.73. FactSet Research Systems Inc. has a 12 month low of $380.96 and a 12 month high of $488.64. The company has a 50 day simple moving average of $445.97 and a two-hundred day simple moving average of $454.13. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.83.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.83 by $0.39. The company had revenue of $545.95 million during the quarter, compared to the consensus estimate of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. As a group, analysts predict that FactSet Research Systems Inc. will post 15.82 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Friday, May 31st will be issued a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.96%. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $0.98. The ex-dividend date is Friday, May 31st. FactSet Research Systems’s dividend payout ratio (DPR) is 31.04%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on FDS shares. Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Barclays reaffirmed an “equal weight” rating and set a $460.00 target price (down from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. BMO Capital Markets raised their price target on FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a report on Monday, March 25th. Wolfe Research assumed coverage on FactSet Research Systems in a research note on Thursday, April 11th. They set an “underperform” rating and a $430.00 price target on the stock. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $464.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $442.70.

Insider Activity at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,838,871.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Gregory T. Moskoff sold 330 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total value of $138,435.00. Following the completion of the transaction, the chief accounting officer now owns 72 shares of the company’s stock, valued at approximately $30,204. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,838,871.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,772 shares of company stock worth $6,371,121. 1.00% of the stock is owned by corporate 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.