Public Employees Retirement Association of Colorado Sells 1,063 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Public Employees Retirement Association of Colorado reduced its stake in FactSet Research Systems Inc. (NYSE:FDSFree Report) by 20.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,225 shares of the business services provider’s stock after selling 1,063 shares during the period. Public Employees Retirement Association of Colorado’s holdings in FactSet Research Systems were worth $2,016,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of FDS. Signaturefd LLC raised its holdings in FactSet Research Systems by 6.5% in the 4th quarter. Signaturefd LLC now owns 375 shares of the business services provider’s stock valued at $179,000 after acquiring an additional 23 shares during the period. Drive Wealth Management LLC grew its position in shares of FactSet Research Systems by 5.2% in the fourth quarter. Drive Wealth Management LLC now owns 487 shares of the business services provider’s stock valued at $233,000 after purchasing an additional 24 shares during the last quarter. Institutional & Family Asset Management LLC increased its stake in shares of FactSet Research Systems by 0.3% during the third quarter. Institutional & Family Asset Management LLC now owns 9,660 shares of the business services provider’s stock worth $4,224,000 after purchasing an additional 29 shares during the period. CENTRAL TRUST Co lifted its holdings in FactSet Research Systems by 23.0% during the 4th quarter. CENTRAL TRUST Co now owns 155 shares of the business services provider’s stock worth $74,000 after purchasing an additional 29 shares during the last quarter. Finally, Smithfield Trust Co boosted its stake in FactSet Research Systems by 51.6% in the 4th quarter. Smithfield Trust Co now owns 94 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 32 shares during the period. 91.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

FDS has been the subject of a number of recent research reports. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Wolfe Research started coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an “underperform” rating and a $430.00 target price on the stock. 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 report on Friday, March 22nd. BMO Capital Markets boosted their price target on FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a research note on Monday, March 25th. Finally, Jefferies Financial Group cut their target price on FactSet Research Systems from $455.00 to $378.00 and set a “hold” rating for the company in a research report on Wednesday, June 5th. Four analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $431.50.

Check Out Our Latest Report on FactSet Research Systems

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 330 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $419.50, for a total transaction of $138,435.00. Following the sale, the chief accounting officer now directly 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 available at this hyperlink. In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 330 shares of FactSet Research Systems stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total transaction of $138,435.00. Following the transaction, the chief accounting officer now directly owns 72 shares of the company’s stock, valued at approximately $30,204. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $400.00, for a total value of $1,200,000.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,166,000. The disclosure for this sale can be found here. Insiders sold a total of 23,987 shares of company stock worth $10,283,347 in the last quarter. 1.00% of the stock is owned by insiders.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $409.93 on Monday. The firm has a 50 day simple moving average of $429.07 and a 200 day simple moving average of $451.59. The company has a market cap of $15.62 billion, a price-to-earnings ratio of 32.46, a PEG ratio of 2.68 and a beta of 0.74. FactSet Research Systems Inc. has a one year low of $385.27 and a one year high of $488.64. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick 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 analysts’ consensus estimates of $3.83 by $0.39. The company had revenue of $545.95 million during the quarter, compared to analysts’ expectations of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. Research analysts predict that FactSet Research Systems Inc. will post 15.8 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Friday, May 31st will be paid a $1.04 dividend. The ex-dividend date is Friday, May 31st. This represents a $4.16 annualized dividend and a dividend yield of 1.01%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.98. FactSet Research Systems’s dividend payout ratio is currently 32.94%.

FactSet Research Systems Company Profile

(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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