Lindenwold Advisors INC Decreases Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Lindenwold Advisors INC reduced its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 3.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,062 shares of the business services provider’s stock after selling 43 shares during the period. Lindenwold Advisors INC’s holdings in FactSet Research Systems were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in FDS. Brooklyn Investment Group purchased a new position in FactSet Research Systems in the third quarter worth about $35,000. Allworth Financial LP lifted its stake in shares of FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 22 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of FactSet Research Systems by 5,200.0% in the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock worth $79,000 after purchasing an additional 156 shares during the period. Smartleaf Asset Management LLC increased its position in shares of FactSet Research Systems by 19.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 33 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in FactSet Research Systems during the 4th quarter valued at $102,000. 91.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FDS has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Monday, March 10th. BMO Capital Markets dropped their price target on shares of 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. Wells Fargo & Company reduced their price objective on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Friday, March 7th. Morgan Stanley boosted their target price on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. Finally, Stifel Nicolaus increased their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $449.38.

FactSet Research Systems Price Performance

FDS opened at $439.59 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The business’s fifty day simple moving average is $456.86 and its 200-day simple moving average is $464.53. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 31.51, a PEG ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same quarter last year, the firm posted $4.12 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be given a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.95%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

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.