Intrust Bank NA Boosts Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Intrust Bank NA lifted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 18.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 793 shares of the business services provider’s stock after buying an additional 123 shares during the period. Intrust Bank NA’s holdings in FactSet Research Systems were worth $381,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Cerity Partners LLC lifted its holdings in shares of FactSet Research Systems by 164.0% in 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 last quarter. FMR LLC raised its position in FactSet Research Systems by 14.0% in the 3rd 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. BNP Paribas Financial Markets lifted its stake in FactSet Research Systems by 2.6% in the third quarter. BNP Paribas Financial Markets now owns 41,771 shares of the business services provider’s stock worth $19,208,000 after purchasing an additional 1,065 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in FactSet Research Systems by 2.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,241 shares of the business services provider’s stock valued at $7,009,000 after buying an additional 303 shares during the period. Finally, Public Sector Pension Investment Board grew its stake in shares of FactSet Research Systems by 3.1% during the third quarter. Public Sector Pension Investment Board now owns 6,698 shares of the business services provider’s stock valued at $3,080,000 after buying an additional 200 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Insider Buying and Selling

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 shares were sold at an average price of $433.73, for a total transaction of $157,443.99. Following the completion of the transaction, the chief accounting officer now directly owns 44 shares in the company, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is currently owned by insiders.

FactSet Research Systems Stock Performance

Shares of FDS opened at $449.16 on Monday. The company has a 50-day simple moving average of $454.05 and a two-hundred day simple moving average of $465.07. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market capitalization of $17.08 billion, a PE ratio of 32.20, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11. The company had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $4.22 EPS. On average, analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

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