FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Aureus Asset Management LLC

Aureus Asset Management LLC cut its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 20.5% in the third quarter, HoldingsChannel reports. The firm owned 775 shares of the business services provider’s stock after selling 200 shares during the period. Aureus Asset Management LLC’s holdings in FactSet Research Systems were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC acquired a new position in FactSet Research Systems during the third quarter valued at $26,000. UMB Bank n.a. increased its holdings in FactSet Research Systems by 144.4% in the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock valued at $27,000 after buying an additional 39 shares in the last quarter. Crewe Advisors LLC increased its holdings in FactSet Research Systems by 750.0% in the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after buying an additional 60 shares in the last quarter. Quest Partners LLC increased its holdings in FactSet Research Systems by 6,700.0% in the second quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after buying an additional 67 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in FactSet Research Systems in the third quarter valued at $34,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Up 0.2 %

Shares of NYSE FDS opened at $490.67 on Monday. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The stock has a market cap of $18.64 billion, a PE ratio of 35.30, a P/E/G ratio of 3.15 and a beta of 0.75. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average of $469.38 and a 200 day moving average of $437.42.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.62 by $0.12. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The company had revenue of $562.20 million during the quarter, compared to analysts’ expectations of $547.06 million. During the same quarter in the prior year, the company earned $2.93 EPS. FactSet Research Systems’s revenue was up 4.9% compared to the same quarter last year. As a group, sell-side analysts predict that FactSet Research Systems Inc. will post 17.2 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be paid a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.16 annualized dividend and a yield of 0.85%. FactSet Research Systems’s dividend payout ratio is presently 29.93%.

Analyst Ratings Changes

A number of research analysts have weighed in on FDS shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, November 15th. Wells Fargo & Company lifted their price objective on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday, September 20th. BMO Capital Markets lifted their price objective on shares of FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Evercore ISI started coverage on shares of FactSet Research Systems in a research note on Wednesday, October 2nd. They set an “inline” rating and a $470.00 target price for the company. Finally, UBS Group boosted their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Five analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat.com, FactSet Research Systems has a consensus rating of “Hold” and an average target price of $450.00.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total value of $1,249,770.00. Following the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,380,259.85. The trade was a 18.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider John Costigan sold 1,622 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the transaction, the insider now owns 299 shares in the company, valued at $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,984 shares of company stock valued at $12,230,877. Corporate insiders own 1.10% of the company’s stock.

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.