Integrated Investment Consultants LLC Buys 516 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Integrated Investment Consultants LLC grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 24.7% during the third quarter, HoldingsChannel reports. The firm owned 2,609 shares of the business services provider’s stock after purchasing an additional 516 shares during the quarter. Integrated Investment Consultants LLC’s holdings in FactSet Research Systems were worth $1,200,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FDS. Catalyst Capital Advisors LLC bought a new stake in FactSet Research Systems during the third quarter worth about $26,000. UMB Bank n.a. grew its stake in shares of FactSet Research Systems by 144.4% in the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock worth $27,000 after acquiring an additional 39 shares during the last quarter. Crewe Advisors LLC boosted its stake in FactSet Research Systems by 750.0% during the 2nd quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 60 shares during the last quarter. Quest Partners LLC raised its holdings in shares of FactSet Research Systems by 6,700.0% during the second quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Finally, Gladius Capital Management LP purchased a new position in FactSet Research Systems in the second quarter worth about $33,000. 91.24% of the stock is owned by institutional investors.

Insider Buying and Selling at FactSet Research Systems

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

FactSet Research Systems Trading Up 2.3 %

FactSet Research Systems stock opened at $485.51 on Friday. The stock’s 50 day simple moving average is $465.20 and its two-hundred day simple moving average is $435.23. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The firm has a market cap of $18.44 billion, a PE ratio of 34.93, a P/E/G ratio of 3.09 and a beta of 0.75. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12. The firm had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.93 EPS. Analysts anticipate that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be paid a dividend of $1.04 per share. The ex-dividend date is Friday, November 29th. This represents a $4.16 annualized dividend and a yield of 0.86%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.93%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FDS. Wells Fargo & Company raised their price objective on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a research report on Friday, September 20th. BMO Capital Markets upped their price target on shares of FactSet Research Systems from $471.00 to $521.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. Redburn Atlantic lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and decreased their target price for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Stifel Nicolaus increased their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research note on Friday, September 20th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, November 15th. Five analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems currently has an average rating of “Hold” and an average price target of $450.00.

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.