FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Lbp Am Sa

Lbp Am Sa decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 10.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,177 shares of the business services provider’s stock after selling 942 shares during the quarter. Lbp Am Sa’s holdings in FactSet Research Systems were worth $3,927,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FDS. Brooklyn Investment Group acquired a new stake in FactSet Research Systems in the 3rd quarter valued at $35,000. Allworth Financial LP grew its stake in FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 22 shares during the period. Coastline Trust Co acquired a new stake in FactSet Research Systems in the 3rd quarter valued at $78,000. Continuum Advisory LLC grew its stake in FactSet Research Systems by 5,200.0% in the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after acquiring an additional 156 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in FactSet Research Systems by 19.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after acquiring an additional 33 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on FDS shares. BMO Capital Markets decreased their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Morgan Stanley raised their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Stifel Nicolaus raised their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Monday, March 10th. Finally, Wells Fargo & Company decreased their price objective on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and an average price target of $449.38.

FactSet Research Systems Stock Up 2.1 %

Shares of FDS opened at $436.64 on Friday. The firm has a market cap of $16.61 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The company’s 50-day moving average price is $457.83 and its 200 day moving average price is $463.89. 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 (NYSE:FDS) last issued its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. FactSet Research Systems’s revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.12 EPS. On average, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 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.