denkapparat Operations GmbH Makes New $265,000 Investment in FactSet Research Systems Inc. (NYSE:FDS)

denkapparat Operations GmbH purchased a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 552 shares of the business services provider’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FDS. Cerity Partners LLC lifted its position in FactSet Research Systems by 164.0% during the 3rd quarter. Cerity Partners LLC now owns 5,124 shares of the business services provider’s stock worth $2,356,000 after acquiring an additional 3,183 shares during the period. FMR LLC lifted its holdings in shares of FactSet Research Systems by 14.0% during the third quarter. FMR LLC now owns 77,447 shares of the business services provider’s stock worth $35,614,000 after purchasing an additional 9,506 shares during the period. Brooklyn Investment Group purchased a new stake in FactSet Research Systems in the third quarter valued at approximately $35,000. BNP Paribas Financial Markets increased its holdings in FactSet Research Systems by 2.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 41,771 shares of the business services provider’s stock worth $19,208,000 after buying an additional 1,065 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in FactSet Research Systems by 2.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,241 shares of the business services provider’s stock worth $7,009,000 after buying an additional 303 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Buying and Selling at FactSet Research Systems

In other news, CAO Gregory T. Moskoff sold 363 shares of FactSet Research Systems stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now directly owns 44 shares of the company’s stock, valued at $19,084.12. The trade was a 89.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Down 0.0 %

Shares of NYSE:FDS opened at $449.16 on Friday. The business’s 50 day moving average price is $454.05 and its 200-day moving average price is $464.71. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The firm has a market capitalization of $17.08 billion, a price-to-earnings ratio of 32.20, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. 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 (NYSE:FDS) last posted its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.17 by $0.11. The business had revenue of $570.70 million for the quarter, compared to the consensus estimate of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company’s revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $4.22 earnings per share. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a dividend of $1.04 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.93%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.59%.

Analyst Ratings Changes

A number of research firms have recently weighed in on FDS. BMO Capital Markets cut their price objective on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating on the stock in a research note on Monday, March 24th. Wells Fargo & Company downgraded FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. UBS Group decreased their price objective on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating for the company in a report on Friday, March 21st. Morgan Stanley dropped their target price on FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a report on Friday, March 21st. Finally, Stifel Nicolaus boosted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Five analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $436.27.

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.