Boston Trust Walden Corp lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 301,614 shares of the business services provider’s stock after purchasing an additional 5,285 shares during the quarter. FactSet Research Systems accounts for 1.0% of Boston Trust Walden Corp’s holdings, making the stock its 15th largest position. Boston Trust Walden Corp owned 0.79% of FactSet Research Systems worth $144,859,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in FactSet Research Systems by 7.2% in the 2nd quarter. Cetera Investment Advisers now owns 5,791 shares of the business services provider’s stock valued at $2,364,000 after acquiring an additional 391 shares in the last quarter. Czech National Bank lifted its position in FactSet Research Systems by 6.7% during the third quarter. Czech National Bank now owns 7,749 shares of the business services provider’s stock worth $3,563,000 after purchasing an additional 486 shares during the period. Harbor Investment Advisory LLC grew its stake in FactSet Research Systems by 12.1% during the third quarter. Harbor Investment Advisory LLC now owns 881 shares of the business services provider’s stock worth $405,000 after buying an additional 95 shares in the last quarter. Handelsbanken Fonder AB raised its position in shares of FactSet Research Systems by 21.7% in the 3rd quarter. Handelsbanken Fonder AB now owns 10,651 shares of the business services provider’s stock valued at $4,898,000 after buying an additional 1,900 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of FactSet Research Systems by 7.3% during the 3rd quarter. GAMMA Investing LLC now owns 768 shares of the business services provider’s stock worth $353,000 after acquiring an additional 52 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, insider John Costigan sold 1,622 shares of FactSet Research Systems 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. This trade represents a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by corporate insiders.
FactSet Research Systems Price Performance
FactSet Research Systems (NYSE:FDS – Get Free Report) last released its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the firm earned $4.12 earnings per share. Sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.
FactSet Research Systems Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were issued a $1.04 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.88%. FactSet Research Systems’s dividend payout ratio is presently 29.82%.
Analyst Upgrades and Downgrades
Several brokerages have commented on FDS. Morgan Stanley boosted 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. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. Stifel Nicolaus increased their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Finally, BMO Capital Markets decreased their price target 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. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $453.46.
Check Out Our Latest Stock Report on FDS
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.
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