OneDigital Investment Advisors LLC Has $1.70 Million Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

OneDigital Investment Advisors LLC reduced its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,538 shares of the business services provider’s stock after selling 146 shares during the period. OneDigital Investment Advisors LLC’s holdings in FactSet Research Systems were worth $1,699,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Allworth Financial LP raised its stake 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 valued at $64,000 after purchasing an additional 22 shares during the last quarter. Smartleaf Asset Management LLC raised its position in shares of FactSet Research Systems by 19.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after buying an additional 33 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in FactSet Research Systems during the fourth quarter valued at about $102,000. Private Trust Co. NA increased its position in shares of FactSet Research Systems by 8.2% during the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 22 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of FactSet Research Systems by 61.8% in the fourth quarter. Blue Trust Inc. now owns 369 shares of the business services provider’s stock valued at $170,000 after purchasing an additional 141 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Trading Up 0.4 %

FDS stock opened at $425.48 on Thursday. The business has a fifty day moving average price of $438.58 and a 200 day moving average price of $460.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. FactSet Research Systems Inc. has a fifty-two week low of $391.69 and a fifty-two week high of $499.87. The stock has a market capitalization of $16.15 billion, a price-to-earnings ratio of 30.50, a P/E/G ratio of 2.93 and a beta of 0.82.

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

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were given a dividend of $1.04 per share. The ex-dividend date was Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.98%. FactSet Research Systems’s payout ratio is 29.59%.

Insider Activity

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the transaction, the chief accounting officer now directly owns 44 shares in the company, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lowered shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $450.00 to $402.00 in a report on Friday, March 21st. UBS Group dropped their price target on shares of FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating for the company in a research report on Friday, March 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a report on Monday, March 10th. BMO Capital Markets dropped their target price on FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a report on Monday, March 24th. Finally, Morgan Stanley decreased their price target on FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a research note on Friday, March 21st. Four analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $436.90.

About FactSet Research Systems

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.