Certuity LLC Has $654,000 Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Certuity LLC grew its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 32.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,372 shares of the business services provider’s stock after acquiring an additional 337 shares during the quarter. Certuity LLC’s holdings in FactSet Research Systems were worth $654,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. IFP Advisors Inc grew its stake in shares of FactSet Research Systems by 71.4% in the third quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock valued at $37,000 after buying an additional 35 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of FactSet Research Systems by 133.2% during the third quarter. SG Americas Securities LLC now owns 659 shares of the business services provider’s stock worth $288,000 after purchasing an additional 2,646 shares during the period. Handelsbanken Fonder AB increased its stake in FactSet Research Systems by 4.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 7,651 shares of the business services provider’s stock worth $3,345,000 after acquiring an additional 300 shares during the period. Commonwealth Equity Services LLC raised its stake in FactSet Research Systems by 4.1% in the third quarter. Commonwealth Equity Services LLC now owns 16,215 shares of the business services provider’s stock valued at $7,090,000 after purchasing an additional 638 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of FactSet Research Systems by 27.3% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 10,713 shares of the business services provider’s stock valued at $4,684,000 after purchasing an additional 2,300 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FDS. The Goldman Sachs Group raised their target price on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Wolfe Research assumed coverage on shares of FactSet Research Systems in a report on Thursday, April 11th. They set an “underperform” rating and a $430.00 target price on the stock. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $464.00 target price on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Barclays reissued an “equal weight” rating and issued a $460.00 price target (down previously from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $442.70.

Insider Activity

In related news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the transaction, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $6,147,798.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at approximately $6,147,798.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Gregory T. Moskoff sold 330 shares of FactSet Research Systems stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total transaction of $138,435.00. Following the transaction, the chief accounting officer now directly owns 72 shares in the company, valued at $30,204. The disclosure for this sale can be found here. Insiders sold a total of 6,330 shares of company stock worth $2,922,795 in the last three months. Company insiders own 1.00% of the company’s stock.

FactSet Research Systems Trading Down 1.4 %

Shares of FDS stock opened at $416.89 on Wednesday. FactSet Research Systems Inc. has a fifty-two week low of $380.96 and a fifty-two week high of $488.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a 50 day simple moving average of $449.84 and a two-hundred day simple moving average of $454.81. The company has a market cap of $15.89 billion, a P/E ratio of 33.01, a PEG ratio of 2.60 and a beta of 0.72.

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

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were given a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.94%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.04%.

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.