First Financial Bank Trust Division Has $985,000 Position in FactSet Research Systems Inc. (NYSE:FDS)

First Financial Bank Trust Division decreased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,051 shares of the business services provider’s stock after selling 115 shares during the period. First Financial Bank Trust Division’s holdings in FactSet Research Systems were worth $985,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Van ECK Associates Corp lifted its position in FactSet Research Systems by 3.3% in the 2nd quarter. Van ECK Associates Corp now owns 7,204 shares of the business services provider’s stock valued at $2,941,000 after acquiring an additional 231 shares in the last quarter. Versor Investments LP purchased a new position in shares of FactSet Research Systems during the second quarter valued at approximately $686,000. Larson Financial Group LLC boosted its position in shares of FactSet Research Systems by 11.8% during the second quarter. Larson Financial Group LLC now owns 447 shares of the business services provider’s stock valued at $183,000 after buying an additional 47 shares during the last quarter. Mattern Capital Management LLC grew its holdings in FactSet Research Systems by 1.9% during the second quarter. Mattern Capital Management LLC now owns 18,713 shares of the business services provider’s stock worth $7,640,000 after buying an additional 350 shares in the last quarter. Finally, TD Asset Management Inc raised its position in FactSet Research Systems by 5.5% in the 2nd quarter. TD Asset Management Inc now owns 22,538 shares of the business services provider’s stock valued at $9,202,000 after buying an additional 1,172 shares during the last quarter. 91.24% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS stock traded down $3.77 on Thursday, hitting $476.51. 176,764 shares of the stock were exchanged, compared to its average volume of 264,566. The firm’s 50 day moving average is $480.47 and its two-hundred day moving average is $447.70. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The firm has a market capitalization of $18.10 billion, a PE ratio of 34.28, a P/E/G ratio of 3.15 and a beta of 0.76. 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 issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The firm had revenue of $568.70 million during the quarter, compared to analyst estimates of $565.14 million. During the same quarter last year, the business earned $4.12 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. Sell-side analysts expect that FactSet Research Systems Inc. will post 17.2 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were issued a dividend of $1.04 per share. The ex-dividend date was Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.87%. FactSet Research Systems’s payout ratio is 29.82%.

Wall Street Analysts Forecast Growth

FDS has been the subject of several recent analyst reports. UBS Group upped their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research report on Friday, December 20th. Morgan Stanley lifted their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Wells Fargo & Company upped their target price on FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday, September 20th. Finally, Stifel Nicolaus lifted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Five research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $453.46.

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.