FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Candriam S.C.A.

Candriam S.C.A. trimmed its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,556 shares of the business services provider’s stock after selling 216 shares during the period. Candriam S.C.A.’s holdings in FactSet Research Systems were worth $2,188,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Trust N.A. grew its position in FactSet Research Systems by 2.3% during the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 21 shares during the period. Mount Yale Investment Advisors LLC grew its holdings in shares of FactSet Research Systems by 1.4% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock worth $755,000 after purchasing an additional 22 shares during the period. Allworth Financial LP grew its holdings in shares of FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after purchasing an additional 22 shares during the period. Private Trust Co. NA increased its position in FactSet Research Systems by 8.2% during the 4th quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock worth $140,000 after purchasing an additional 22 shares in the last quarter. Finally, Cerro Pacific Wealth Advisors LLC raised its holdings in FactSet Research Systems by 1.4% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after buying an additional 25 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Trading Down 0.2 %

FDS opened at $440.67 on Monday. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month 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 stock has a market capitalization of $16.76 billion, a PE ratio of 31.59, a P/E/G ratio of 2.93 and a beta of 0.77. The firm’s fifty day moving average price is $462.37 and its 200 day moving average price is $463.44.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $565.14 million. During the same quarter in the prior year, the business posted $4.12 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a $1.04 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.94%. FactSet Research Systems’s payout ratio is 29.82%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. BMO Capital Markets reduced their target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. UBS Group boosted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Wells Fargo & Company dropped their target price on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Friday. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, December 20th. Finally, Morgan Stanley increased their price objective on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $449.38.

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.