2,259 Shares in FactSet Research Systems Inc. $FDS Purchased by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new position in FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,259 shares of the business services provider’s stock, valued at approximately $656,000.

Several other large investors also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. increased its holdings in FactSet Research Systems by 0.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after acquiring an additional 30 shares during the last quarter. Aurora Investment Managers LLC. increased its holdings in FactSet Research Systems by 0.9% in the 4th quarter. Aurora Investment Managers LLC. now owns 3,928 shares of the business services provider’s stock worth $1,140,000 after acquiring an additional 35 shares during the last quarter. WPG Advisers LLC increased its holdings in FactSet Research Systems by 76.9% in the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after acquiring an additional 40 shares during the last quarter. Mayflower Financial Advisors LLC increased its holdings in FactSet Research Systems by 3.6% in the 4th quarter. Mayflower Financial Advisors LLC now owns 1,245 shares of the business services provider’s stock worth $361,000 after acquiring an additional 43 shares during the last quarter. Finally, Promus Capital LLC increased its holdings in FactSet Research Systems by 2.4% in the 3rd quarter. Promus Capital LLC now owns 1,947 shares of the business services provider’s stock worth $558,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FDS. Wells Fargo & Company lifted their price objective on FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a report on Wednesday, April 1st. UBS Group reduced their target price on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Bank of America started coverage on FactSet Research Systems in a report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 target price for the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a report on Friday, March 27th. Finally, Barclays reduced their target price on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $279.62.

FactSet Research Systems Stock Performance

Shares of FDS opened at $235.62 on Tuesday. The company has a market cap of $8.58 billion, a PE ratio of 15.15, a price-to-earnings-growth ratio of 2.01 and a beta of 0.71. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64. The stock has a 50-day moving average price of $230.99 and a 200-day moving average price of $242.79. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $453.41.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.37 by $0.09. The firm had revenue of $611.02 million during the quarter, compared to the consensus estimate of $604.78 million. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the company posted $4.28 EPS. As a group, equities analysts forecast that FactSet Research Systems Inc. will post 17.66 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, May 29th will be given a dividend of $1.16 per share. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date is Friday, May 29th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.0%. FactSet Research Systems’s dividend payout ratio is 29.84%.

FactSet Research Systems Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.