FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lessened its position in FactSet Research Systems Inc. (NYSE:FDS) by 0.8% in the 4th quarter, Holdings Channel reports. The fund owned 7,891 shares of the business services provider’s stock after selling 60 shares during the period. Linden Thomas Advisory Services LLC’s holdings in FactSet Research Systems were worth $3,790,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in FactSet Research Systems by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock valued at $460,467,000 after acquiring an additional 8,376 shares during the period. Natixis Advisors LLC lifted its stake in shares of FactSet Research Systems by 1.1% in the third quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider’s stock valued at $55,621,000 after purchasing an additional 1,260 shares during the period. Nordea Investment Management AB lifted its stake in shares of FactSet Research Systems by 21.0% in the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock valued at $164,653,000 after purchasing an additional 59,173 shares during the period. Avanza Fonder AB purchased a new stake in FactSet Research Systems during the fourth quarter worth about $1,481,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in FactSet Research Systems by 52.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider’s stock worth $2,003,000 after buying an additional 1,436 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insiders Place Their Bets

In related news, insider John Costigan sold 1,622 shares of the stock in a transaction that occurred on 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 sale, the insider now owns 299 shares of the company’s stock, valued at approximately $143,819. This represents a 84.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. BMO Capital Markets decreased their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research note on Monday, December 23rd. Royal Bank of Canada reiterated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. Redburn Atlantic cut FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their price target for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Stifel Nicolaus boosted their price objective on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Finally, Evercore ISI initiated coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 target price for the company. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat.com, FactSet Research Systems has an average rating of “Hold” and a consensus target price of $453.46.

FactSet Research Systems Trading Up 0.5 %

Shares of FDS opened at $466.63 on Friday. FactSet Research Systems Inc. has a fifty-two week low of $391.84 and a fifty-two week high of $499.87. The stock has a fifty day moving average of $477.77 and a two-hundred day moving average of $453.08. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market capitalization of $17.75 billion, a PE ratio of 33.45, a price-to-earnings-growth ratio of 2.92 and a beta of 0.76.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million during the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.12 earnings per share. As a group, analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 29th were given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend was Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is 29.82%.

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.