FactSet Research Systems Inc. (FDS) Shares Bought by Advisor Group Inc.

Advisor Group Inc. boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 27.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,545 shares of the business services provider’s stock after buying an additional 1,632 shares during the period. Advisor Group Inc.’s holdings in FactSet Research Systems were worth $1,454,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Institutional & Family Asset Management LLC raised its holdings in shares of FactSet Research Systems by 1.5% in the 3rd quarter. Institutional & Family Asset Management LLC now owns 18,024 shares of the business services provider’s stock worth $3,246,000 after purchasing an additional 259 shares during the period. First Republic Investment Management Inc. raised its holdings in shares of FactSet Research Systems by 9.3% in the 3rd quarter. First Republic Investment Management Inc. now owns 3,941 shares of the business services provider’s stock worth $710,000 after purchasing an additional 334 shares during the period. Crossmark Global Holdings Inc. raised its holdings in shares of FactSet Research Systems by 6.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,406 shares of the business services provider’s stock valued at $1,042,000 after buying an additional 346 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of FactSet Research Systems by 1.2% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 28,475 shares of the business services provider’s stock valued at $5,129,000 after buying an additional 347 shares during the period. Finally, Copeland Capital Management LLC raised its holdings in shares of FactSet Research Systems by 0.6% during the 4th quarter. Copeland Capital Management LLC now owns 61,172 shares of the business services provider’s stock valued at $11,792,000 after buying an additional 351 shares during the period. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

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Several brokerages recently commented on FDS. Zacks Investment Research upgraded FactSet Research Systems from a “hold” rating to a “buy” rating and set a $237.00 target price on the stock in a report on Tuesday. Morgan Stanley raised their target price on FactSet Research Systems from $179.00 to $186.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Northcoast Research downgraded FactSet Research Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, December 5th. Piper Jaffray Companies reiterated a “hold” rating and set a $199.00 target price on shares of FactSet Research Systems in a report on Thursday, December 21st. Finally, Wells Fargo set a $185.00 target price on FactSet Research Systems and gave the company a “hold” rating in a report on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $186.77.

Shares of FDS stock opened at $215.63 on Wednesday. The company has a current ratio of 2.64, a quick ratio of 2.64 and a debt-to-equity ratio of 0.93. FactSet Research Systems Inc. has a twelve month low of $155.09 and a twelve month high of $216.47. The stock has a market capitalization of $8,373.74, a P/E ratio of 32.52, a price-to-earnings-growth ratio of 2.33 and a beta of 0.90.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.06. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The company had revenue of $329.10 million for the quarter, compared to the consensus estimate of $330.49 million. During the same period in the previous year, the business earned $1.75 EPS. FactSet Research Systems’s revenue for the quarter was up 14.2% compared to the same quarter last year. equities analysts anticipate that FactSet Research Systems Inc. will post 8.37 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 20th. Shareholders of record on Wednesday, February 28th were issued a dividend of $0.56 per share. The ex-dividend date was Tuesday, February 27th. This represents a $2.24 annualized dividend and a yield of 1.04%. FactSet Research Systems’s dividend payout ratio is presently 33.79%.

In other news, VP Matthew J. Mcnulty sold 1,400 shares of FactSet Research Systems stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $192.70, for a total value of $269,780.00. Following the completion of the transaction, the vice president now owns 3,248 shares in the company, valued at approximately $625,889.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Mark J. Hale sold 48,001 shares of FactSet Research Systems stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $198.43, for a total value of $9,524,838.43. Following the completion of the transaction, the chief operating officer now owns 6,268 shares of the company’s stock, valued at approximately $1,243,759.24. The disclosure for this sale can be found here. Insiders have sold a total of 55,406 shares of company stock worth $10,957,561 over the last 90 days. 2.80% of the stock is owned by company insiders.

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FactSet Research Systems Profile

Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

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