Motley Fool Asset Management LLC Sells 72 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Motley Fool Asset Management LLC lowered its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 10.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 616 shares of the business services provider’s stock after selling 72 shares during the period. Motley Fool Asset Management LLC’s holdings in FactSet Research Systems were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FDS. Criterion Capital Advisors LLC purchased a new stake in FactSet Research Systems in the fourth quarter worth approximately $30,000. IFP Advisors Inc boosted its stake in shares of FactSet Research Systems by 71.4% in the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock worth $37,000 after buying an additional 35 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of FactSet Research Systems by 820.0% in the third quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock worth $40,000 after acquiring an additional 82 shares during the period. Desjardins Global Asset Management Inc. increased its position in FactSet Research Systems by 69.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 34 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in FactSet Research Systems by 28.8% in the third quarter. Global Retirement Partners LLC now owns 103 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 23 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.7 %

Shares of FDS opened at $421.47 on Friday. The business’s 50 day moving average is $450.55 and its 200 day moving average is $454.98. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.83. FactSet Research Systems Inc. has a 12-month low of $380.96 and a 12-month high of $488.64. The company has a market capitalization of $16.07 billion, a PE ratio of 33.37, a price-to-earnings-growth ratio of 2.57 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The business had revenue of $545.95 million during the quarter, compared to analyst estimates of $547.93 million. Research analysts expect that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were issued a $0.98 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a yield of 0.93%. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on FDS shares. Barclays reaffirmed an “equal weight” rating and set a $460.00 price target (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. BMO Capital Markets increased their price target on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. The Goldman Sachs Group upped their price objective on FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research note on Friday, March 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $469.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $442.70.

Insiders Place Their Bets

In other news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at $5,838,871.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.00% of the company’s stock.

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.