Koshinski Asset Management Inc. Boosts Position in FactSet Research Systems Inc. (NYSE:FDS)

Koshinski Asset Management Inc. increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 14.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 891 shares of the business services provider’s stock after purchasing an additional 115 shares during the quarter. Koshinski Asset Management Inc.’s holdings in FactSet Research Systems were worth $428,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC purchased a new stake in FactSet Research Systems during the third quarter worth approximately $26,000. Capital Performance Advisors LLP purchased a new stake in FactSet Research Systems in the third quarter valued at approximately $34,000. Brooklyn Investment Group purchased a new stake in FactSet Research Systems in the third quarter valued at approximately $35,000. Federated Hermes Inc. purchased a new stake in FactSet Research Systems in the second quarter valued at approximately $52,000. Finally, Quarry LP purchased a new stake in FactSet Research Systems in the second quarter valued at approximately $62,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 0.3 %

Shares of FDS stock opened at $464.54 on Thursday. The business’s fifty day moving average price is $478.75 and its 200 day moving average price is $452.66. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87. The firm has a market capitalization of $17.67 billion, a PE ratio of 33.30, a P/E/G ratio of 2.91 and a beta of 0.76. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data 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 return on equity of 33.92% and a net margin of 24.16%. The firm 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 company posted $4.12 earnings per share. FactSet Research Systems’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, sell-side analysts forecast 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 was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were given a dividend of $1.04 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.90%. FactSet Research Systems’s payout ratio is 29.82%.

Insiders Place Their Bets

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction of $780,182.00. Following the sale, the insider now directly owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on FDS. Morgan Stanley boosted their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research note on Thursday, December 12th. UBS Group boosted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. BMO Capital Markets reduced their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 20th. Finally, Stifel Nicolaus boosted their target price on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $453.46.

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.