Curio Wealth LLC Purchases Shares of 391 FactSet Research Systems Inc. (NYSE:FDS)

Curio Wealth LLC purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 391 shares of the business services provider’s stock, valued at approximately $188,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FDS. Glenview Trust co increased its stake in FactSet Research Systems by 10.6% in the 4th quarter. Glenview Trust co now owns 573 shares of the business services provider’s stock valued at $275,000 after buying an additional 55 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in FactSet Research Systems by 7.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,493 shares of the business services provider’s stock valued at $1,677,000 after buying an additional 230 shares during the last quarter. Impact Capital Partners LLC acquired a new position in FactSet Research Systems during the fourth quarter worth $584,000. Skandinaviska Enskilda Banken AB publ raised its position in FactSet Research Systems by 1.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 7,498 shares of the business services provider’s stock worth $3,619,000 after acquiring an additional 97 shares in the last quarter. Finally, Erste Asset Management GmbH lifted its stake in FactSet Research Systems by 9.8% in the fourth quarter. Erste Asset Management GmbH now owns 13,722 shares of the business services provider’s stock valued at $6,661,000 after acquiring an additional 1,230 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Morgan Stanley boosted 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 note on Thursday, December 12th. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Monday, March 10th. BMO Capital Markets lowered their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research note on Monday, December 23rd. Wells Fargo & Company lowered their price objective on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Friday, March 7th. Finally, Stifel Nicolaus boosted 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 note on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $449.38.

FactSet Research Systems Stock Performance

Shares of NYSE FDS opened at $436.64 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The stock’s fifty day moving average price is $457.83 and its two-hundred day moving average price is $464.25. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The firm has a market cap of $16.61 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 2.93 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 33.92% and a net margin of 24.16%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $4.12 EPS. On average, equities analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis 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 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.