FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP lowered its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,853 shares of the business services provider’s stock after selling 200 shares during the period. FactSet Research Systems accounts for approximately 1.1% of L. Roy Papp & Associates LLP’s portfolio, making the stock its 26th largest position. L. Roy Papp & Associates LLP’s holdings in FactSet Research Systems were worth $9,055,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in FactSet Research Systems in the third quarter valued at approximately $38,909,000. Nordea Investment Management AB raised its holdings in FactSet Research Systems by 21.0% during the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after purchasing an additional 59,173 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of FactSet Research Systems by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock worth $226,867,000 after buying an additional 52,741 shares during the last quarter. State Street Corp lifted its position in shares of FactSet Research Systems by 2.2% during the 3rd quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock worth $888,603,000 after buying an additional 42,303 shares during the last quarter. Finally, Boston Trust Walden Corp boosted its holdings in shares of FactSet Research Systems by 9.3% in the 3rd quarter. Boston Trust Walden Corp now owns 296,329 shares of the business services provider’s stock valued at $136,267,000 after buying an additional 25,294 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $454.42 on Wednesday. The stock has a fifty day moving average price of $473.15 and a 200 day moving average price of $457.33. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87. 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 company has a market cap of $17.28 billion, a PE ratio of 32.58, a P/E/G ratio of 2.95 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, beating the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same quarter in the previous year, the firm earned $4.12 earnings per share. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.92%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s payout ratio is 29.82%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. UBS Group boosted their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Morgan Stanley upped their target price on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. Wells Fargo & Company cut their price target on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Finally, BMO Capital Markets decreased their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $453.23.

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.