Signaturefd LLC Has $138,000 Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Signaturefd LLC lessened its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 10.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 338 shares of the business services provider’s stock after selling 41 shares during the period. Signaturefd LLC’s holdings in FactSet Research Systems were worth $138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in FactSet Research Systems by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,571,550 shares of the business services provider’s stock valued at $2,077,267,000 after acquiring an additional 11,974 shares in the last quarter. Ninety One UK Ltd grew its stake in shares of FactSet Research Systems by 0.9% in the 2nd quarter. Ninety One UK Ltd now owns 1,216,461 shares of the business services provider’s stock valued at $496,645,000 after buying an additional 10,928 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of FactSet Research Systems by 6.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 368,765 shares of the business services provider’s stock valued at $175,919,000 after buying an additional 20,787 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of FactSet Research Systems by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 355,333 shares of the business services provider’s stock valued at $169,512,000 after buying an additional 8,432 shares in the last quarter. Finally, PineStone Asset Management Inc. grew its stake in shares of FactSet Research Systems by 53.3% in the 2nd quarter. PineStone Asset Management Inc. now owns 272,973 shares of the business services provider’s stock valued at $111,447,000 after buying an additional 94,952 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $422.84 on Tuesday. FactSet Research Systems Inc. has a fifty-two week low of $391.84 and a fifty-two week high of $488.64. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.28 and a quick ratio of 1.79. The business’s fifty day moving average price is $414.53 and its two-hundred day moving average price is $429.97. The stock has a market capitalization of $16.08 billion, a price-to-earnings ratio of 31.89, a price-to-earnings-growth ratio of 2.53 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Friday, June 21st. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.91 by $0.46. The firm had revenue of $552.70 million during the quarter, compared to the consensus estimate of $552.71 million. FactSet Research Systems had a net margin of 23.56% and a return on equity of 34.48%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $3.79 EPS. As a group, analysts predict that FactSet Research Systems Inc. will post 16.29 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Friday, August 30th will be paid a $1.04 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.98%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.37%.

Analysts Set New Price Targets

A number of brokerages have issued reports on FDS. Bank of America cut FactSet Research Systems from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $500.00 to $407.00 in a research report on Thursday, May 30th. Jefferies Financial Group decreased 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. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $464.00 target price on shares of FactSet Research Systems in a research report on Monday, June 24th. Morgan Stanley upped their target price on FactSet Research Systems from $350.00 to $355.00 and gave the stock an “underweight” rating in a research report on Monday, June 24th. Finally, Wells Fargo & Company upgraded FactSet Research Systems to a “hold” rating in a report on Tuesday, August 13th. Four analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $432.27.

Insider Activity

In other news, CTO Katherine M. Stepp sold 1,057 shares of the firm’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $428.42, for a total value of $452,839.94. Following the completion of the sale, the chief technology officer now directly owns 687 shares in the company, valued at $294,324.54. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CTO Katherine M. Stepp sold 1,057 shares of the firm’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $428.42, for a total value of $452,839.94. Following the completion of the sale, the chief technology officer now directly owns 687 shares in the company, valued at $294,324.54. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $408.98, for a total value of $1,226,940.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $5,281,976.70. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,432 shares of company stock worth $3,917,216. 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.