Thrivent Financial for Lutherans Has $9.51 Million Position in FactSet Research Systems Inc. (NYSE:FDS)

Thrivent Financial for Lutherans lessened its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 88.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 19,791 shares of the business services provider’s stock after selling 147,506 shares during the period. Thrivent Financial for Lutherans owned 0.05% of FactSet Research Systems worth $9,505,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FDS. Brooklyn Investment Group acquired a new stake in FactSet Research Systems during the 3rd quarter worth $35,000. Allworth Financial LP grew its holdings in FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after acquiring an additional 22 shares during the period. Continuum Advisory LLC grew its holdings in FactSet Research Systems by 5,200.0% during the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock worth $79,000 after acquiring an additional 156 shares during the period. Smartleaf Asset Management LLC grew its holdings in FactSet Research Systems by 19.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock worth $99,000 after acquiring an additional 33 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in FactSet Research Systems during the 4th quarter worth $102,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on FDS shares. Morgan Stanley reduced their price target on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a research report on Friday. BMO Capital Markets reduced their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research report on Monday, December 23rd. Stifel Nicolaus lifted their price target 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. Wells Fargo & Company cut shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $450.00 to $402.00 in a research report on Friday. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Monday, March 10th. Five equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and an average target price of $441.00.

FactSet Research Systems Stock Up 0.5 %

Shares of FDS stock opened at $433.01 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The firm’s fifty day moving average price is $455.49 and its two-hundred day moving average price is $464.45. The firm has a market capitalization of $16.47 billion, a P/E ratio of 31.04, a PEG ratio of 2.93 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The firm had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. During the same period in the previous year, the business earned $4.22 EPS. The company’s revenue was up 4.5% compared to the same quarter last year. On average, equities analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a $1.04 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.96%. FactSet Research Systems’s payout ratio is currently 29.82%.

FactSet Research Systems 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.