439 Shares in FactSet Research Systems Inc. (NYSE:FDS) Purchased by Trust Asset Management LLC

Trust Asset Management LLC purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 439 shares of the business services provider’s stock, valued at approximately $209,000.

Several other institutional investors also recently modified their holdings of the business. Stevens Capital Management LP purchased a new stake in FactSet Research Systems during the 4th quarter valued at about $1,918,000. Tokio Marine Asset Management Co. Ltd. grew its position in FactSet Research Systems by 11.9% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 980 shares of the business services provider’s stock valued at $468,000 after purchasing an additional 104 shares during the last quarter. GAMMA Investing LLC purchased a new stake in FactSet Research Systems during the 4th quarter valued at about $221,000. Linden Thomas Advisory Services LLC grew its position in FactSet Research Systems by 1.2% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 7,428 shares of the business services provider’s stock valued at $3,544,000 after purchasing an additional 88 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in FactSet Research Systems by 4.0% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 43,356 shares of the business services provider’s stock valued at $20,634,000 after purchasing an additional 1,681 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,838,871.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages recently commented on FDS. Wolfe Research began coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an “underperform” rating and a $430.00 price objective on the stock. Barclays reaffirmed an “equal weight” rating and set a $460.00 price target (down previously from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group raised their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $464.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $469.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Three investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $442.70.

FactSet Research Systems Stock Performance

Shares of FDS traded down $4.12 on Thursday, reaching $418.71. The company’s stock had a trading volume of 180,114 shares, compared to its average volume of 242,074. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market capitalization of $15.96 billion, a P/E ratio of 33.15, a PEG ratio of 2.58 and a beta of 0.72. The stock’s 50 day simple moving average is $451.29 and its two-hundred day simple moving average is $455.19. FactSet Research Systems Inc. has a 12-month low of $380.96 and a 12-month high of $488.64.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. The company had revenue of $545.95 million for the quarter, compared to the consensus estimate of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. Research analysts forecast that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend was Wednesday, February 28th. FactSet Research Systems’s payout ratio is 31.04%.

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.