Haverford Trust Co Has $392,000 Stake in FactSet Research Systems Inc. (NYSE:FDS)

Haverford Trust Co lifted its holdings in FactSet Research Systems Inc. (NYSE:FDSFree Report) by 4.5% during the 3rd quarter, Holdings Channel reports. The fund owned 852 shares of the business services provider’s stock after acquiring an additional 37 shares during the quarter. Haverford Trust Co’s holdings in FactSet Research Systems were worth $392,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FDS. Andina Capital Management LLC grew its holdings in shares of FactSet Research Systems by 3.8% during the third quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock worth $329,000 after purchasing an additional 26 shares during the last quarter. Argent Trust Co grew its holdings in FactSet Research Systems by 2.1% during the 2nd quarter. Argent Trust Co now owns 1,312 shares of the business services provider’s stock worth $536,000 after acquiring an additional 27 shares during the last quarter. Legacy Financial Advisors Inc. increased its position in FactSet Research Systems by 4.0% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 834 shares of the business services provider’s stock valued at $341,000 after acquiring an additional 32 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in shares of FactSet Research Systems by 4.8% in the second quarter. HBK Sorce Advisory LLC now owns 736 shares of the business services provider’s stock worth $300,000 after acquiring an additional 34 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC lifted its position in shares of FactSet Research Systems by 2.0% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 1,861 shares of the business services provider’s stock worth $856,000 after purchasing an additional 37 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $495.51 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.25. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The company’s 50 day moving average price is $460.40 and its two-hundred day moving average price is $433.15. The company has a market capitalization of $18.82 billion, a P/E ratio of 35.65, a price-to-earnings-growth ratio of 3.20 and a beta of 0.75.

FactSet Research Systems (NYSE:FDSGet Free Report) last posted its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, beating the consensus estimate of $3.62 by $0.12. The business had revenue of $562.20 million for the quarter, compared to analysts’ expectations of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.93 EPS. On average, analysts expect that FactSet Research Systems Inc. will post 17.2 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be issued a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.84%. FactSet Research Systems’s payout ratio is presently 29.93%.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the transaction, the insider now directly owns 299 shares in the company, valued at $143,819. This trade represents a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,380,259.85. This trade represents a 18.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 26,984 shares of company stock valued at $12,230,877. 1.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Stifel Nicolaus upped their price target on FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research note on Friday, September 20th. Wells Fargo & Company lifted their price objective on FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research report on Friday, September 20th. BMO Capital Markets raised their target price on shares of FactSet Research Systems from $440.00 to $471.00 and gave the company a “market perform” rating in a research note on Friday, September 20th. Finally, Evercore ISI started coverage on shares of FactSet Research Systems in a research report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 price target for the company. Five research analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $443.57.

Read Our Latest Stock Analysis on FactSet Research Systems

FactSet Research Systems Company Profile

(Free Report)

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.

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

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