ExodusPoint Capital Management LP Purchases 3,095 Shares of FactSet Research Systems Inc. (NYSE:FDS)

ExodusPoint Capital Management LP lifted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 25.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,111 shares of the business services provider’s stock after acquiring an additional 3,095 shares during the quarter. ExodusPoint Capital Management LP’s holdings in FactSet Research Systems were worth $7,258,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in FactSet Research Systems during the 4th quarter worth $69,128,000. Geode Capital Management LLC grew its holdings in shares of FactSet Research Systems by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider’s stock valued at $527,411,000 after buying an additional 94,668 shares during the period. Wealthfront Advisers LLC grew its stake in FactSet Research Systems by 4,104.5% in the fourth quarter. Wealthfront Advisers LLC now owns 76,438 shares of the business services provider’s stock valued at $36,712,000 after acquiring an additional 74,620 shares during the period. Nordea Investment Management AB increased its stake in FactSet Research Systems by 21.0% during the 4th 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. Finally, Proficio Capital Partners LLC bought a new stake in shares of FactSet Research Systems during the fourth quarter worth $26,338,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Gregory T. Moskoff sold 363 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now directly owns 44 shares in the company, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $415.36 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $15.80 billion, a PE ratio of 29.77, a PEG ratio of 2.93 and a beta of 0.82. The firm has a 50 day moving average of $451.88 and a 200-day moving average of $464.81. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating the consensus estimate of $4.17 by $0.11. The business had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company’s revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $4.22 earnings per share. On average, equities research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were given a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Friday, February 28th. FactSet Research Systems’s dividend payout ratio is presently 29.59%.

Analyst Ratings Changes

Several brokerages have issued reports on FDS. BMO Capital Markets lowered their price target on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating on the stock in a research note on Monday, March 24th. Stifel Nicolaus boosted their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Wells Fargo & Company downgraded shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. UBS Group lowered their price objective on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research report on Friday, March 21st. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Monday, March 10th. Five research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $436.27.

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.