Metis Global Partners LLC Sells 275 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Metis Global Partners LLC trimmed its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 9.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,788 shares of the business services provider’s stock after selling 275 shares during the period. Metis Global Partners LLC’s holdings in FactSet Research Systems were worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Trust N.A. boosted its holdings in shares of FactSet Research Systems by 2.3% in the 3rd quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after buying an additional 21 shares in the last quarter. Mount Yale Investment Advisors LLC grew its position in shares of FactSet Research Systems by 1.4% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock worth $755,000 after buying an additional 22 shares during the last quarter. Allworth Financial LP grew its position in shares of FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after buying an additional 22 shares during the last quarter. Private Trust Co. NA grew its position in shares of FactSet Research Systems by 8.2% in the 4th quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock worth $140,000 after buying an additional 22 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC grew its position in shares of FactSet Research Systems by 1.4% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock worth $809,000 after buying an additional 25 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of NYSE FDS opened at $458.13 on Tuesday. 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 12 month low of $391.84 and a 12 month high of $499.87. The company has a 50 day simple moving average of $466.16 and a two-hundred day simple moving average of $462.57. The stock has a market cap of $17.42 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 2.93 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data 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. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. During the same period in the previous year, the business posted $4.12 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. As a group, analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s payout ratio is 29.82%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FDS. Morgan Stanley lifted their price objective on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Wells Fargo & Company cut their price objective on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 11th. UBS Group lifted their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Stifel Nicolaus lifted 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, BMO Capital Markets dropped their target price 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. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $453.23.

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.