Tandem Investment Advisors Inc. Has $372,000 Stock Position in FactSet Research Systems Inc. $FDS

Tandem Investment Advisors Inc. decreased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 99.1% during the 4th quarter, HoldingsChannel reports. The fund owned 1,283 shares of the business services provider’s stock after selling 144,845 shares during the period. Tandem Investment Advisors Inc.’s holdings in FactSet Research Systems were worth $372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Daiwa Securities Group Inc. boosted its stake in FactSet Research Systems by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,866 shares of the business services provider’s stock worth $3,071,000 after buying an additional 30 shares in the last quarter. Aurora Investment Managers LLC. boosted its stake in FactSet Research Systems by 0.9% during the fourth quarter. Aurora Investment Managers LLC. now owns 3,928 shares of the business services provider’s stock worth $1,140,000 after buying an additional 35 shares in the last quarter. Covestor Ltd boosted its stake in FactSet Research Systems by 53.4% during the third quarter. Covestor Ltd now owns 112 shares of the business services provider’s stock worth $33,000 after buying an additional 39 shares in the last quarter. WPG Advisers LLC boosted its stake in FactSet Research Systems by 76.9% during the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after buying an additional 40 shares in the last quarter. Finally, Mayflower Financial Advisors LLC boosted its stake in FactSet Research Systems by 3.6% during the fourth quarter. Mayflower Financial Advisors LLC now owns 1,245 shares of the business services provider’s stock worth $361,000 after buying an additional 43 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.0%

Shares of NYSE:FDS opened at $232.04 on Tuesday. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $469.43. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 1.43. The company’s fifty day moving average is $219.34 and its 200-day moving average is $245.27. The company has a market capitalization of $8.45 billion, a PE ratio of 14.92, a P/E/G ratio of 2.01 and a beta of 0.69.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Tuesday, March 31st. The business services provider reported $4.46 EPS for the quarter, beating the consensus estimate of $4.37 by $0.09. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The company had revenue of $611.02 million for the quarter, compared to the consensus estimate of $604.78 million. During the same quarter in the previous year, the company earned $4.28 EPS. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. Equities research analysts predict that FactSet Research Systems Inc. will post 17.65 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 29th will be issued a $1.16 dividend. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 28.30%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on FDS shares. Wells Fargo & Company lifted their price target on shares of FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 1st. Barclays decreased their price target on shares of FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating on the stock in a research note on Monday, February 23rd. UBS Group decreased their price target on shares of FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. The Goldman Sachs Group decreased their price target on shares of FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating on the stock in a research note on Wednesday, April 1st. Finally, Bank of America started coverage on shares of FactSet Research Systems in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $195.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $279.85.

FactSet Research Systems Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.