FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,705 shares of the business services provider’s stock after selling 153 shares during the period. Stephens Inc. AR’s holdings in FactSet Research Systems were worth $4,181,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC purchased a new stake in FactSet Research Systems during the third quarter valued at about $26,000. Capital Performance Advisors LLP bought a new position in FactSet Research Systems during the third quarter valued at approximately $34,000. Brooklyn Investment Group acquired a new stake in shares of FactSet Research Systems in the 3rd quarter valued at $35,000. Exchange Traded Concepts LLC boosted its stake in shares of FactSet Research Systems by 581.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock worth $69,000 after acquiring an additional 128 shares in the last quarter. Finally, Continuum Advisory LLC grew its holdings in FactSet Research Systems by 5,200.0% during the third quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after purchasing an additional 156 shares during the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Down 1.4 %

Shares of NYSE:FDS opened at $460.07 on Tuesday. 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 Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The company has a market cap of $17.50 billion, a PE ratio of 32.98, a P/E/G ratio of 2.95 and a beta of 0.77. The stock’s 50-day moving average is $473.77 and its 200 day moving average is $457.06.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, topping the consensus estimate 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 business had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same period in the previous year, the company posted $4.12 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $1.04 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.90%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Analysts Set New Price Targets

Several research firms recently weighed in on FDS. Morgan Stanley increased their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research note on Thursday, December 12th. Stifel Nicolaus lifted their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a report on Friday, December 20th. UBS Group boosted their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Finally, BMO Capital Markets cut their target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research report on Monday, December 23rd. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to MarketBeat, FactSet Research Systems currently has an average rating of “Hold” and a consensus target price 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.