FactSet Research Systems Inc. (NYSE:FDS) Position Boosted by Vanguard Group Inc.

Vanguard Group Inc. raised its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,657,480 shares of the business services provider’s stock after acquiring an additional 684 shares during the period. Vanguard Group Inc. owned approximately 12.25% of FactSet Research Systems worth $2,236,894,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp lifted its holdings in FactSet Research Systems by 2.2% in the third quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock worth $888,603,000 after purchasing an additional 42,303 shares during the period. Geode Capital Management LLC lifted its stake in shares of FactSet Research Systems by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after acquiring an additional 8,376 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock valued at $226,867,000 after acquiring an additional 52,741 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of FactSet Research Systems by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 382,434 shares of the business services provider’s stock valued at $183,675,000 after acquiring an additional 9,048 shares during the period. Finally, 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. Institutional investors own 91.24% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Gregory T. Moskoff sold 363 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 44 shares of the company’s stock, valued at approximately $19,084.12. This represents a 89.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Up 0.3 %

NYSE FDS opened at $440.90 on Thursday. The firm’s 50 day moving average price is $454.52 and its two-hundred day moving average price is $464.67. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The stock has a market cap of $16.77 billion, a price-to-earnings ratio of 31.61, a PEG ratio of 2.93 and a beta of 0.77.

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

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a $1.04 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.94%. FactSet Research Systems’s dividend payout ratio is presently 29.59%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FDS shares. Stifel Nicolaus lifted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. BMO Capital Markets dropped 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 report on Monday. Morgan Stanley cut their price target on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating for the company in a report on Friday, March 21st. UBS Group dropped their target price on shares of FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a report on Friday, March 21st. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a report on Monday, March 10th. Five equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $436.27.

About FactSet Research Systems

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.