Stiles Financial Services Inc Sells 279 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Stiles Financial Services Inc trimmed its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.8% during the 4th quarter, Holdings Channel reports. The fund owned 5,537 shares of the business services provider’s stock after selling 279 shares during the period. Stiles Financial Services Inc’s holdings in FactSet Research Systems were worth $2,660,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Trust N.A. boosted its holdings in shares of FactSet Research Systems by 2.3% in the 3rd quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 21 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its position in FactSet Research Systems by 1.4% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock valued at $755,000 after purchasing an additional 22 shares during the period. Cerro Pacific Wealth Advisors LLC boosted its holdings in FactSet Research Systems by 1.4% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 25 shares during the last quarter. Andina Capital Management LLC grew its position in FactSet Research Systems by 3.8% during the 3rd quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock worth $329,000 after purchasing an additional 26 shares during the period. Finally, Wilmington Savings Fund Society FSB raised its stake in shares of FactSet Research Systems by 3.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 905 shares of the business services provider’s stock valued at $434,000 after buying an additional 28 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FDS has been the topic of a number of recent research reports. Stifel Nicolaus upped their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. 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 Friday, December 20th. 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 for the company in a report on Monday, December 23rd. Morgan Stanley increased their price target on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Finally, UBS Group lifted their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems presently has an average rating of “Hold” and a consensus price target of $453.46.

FactSet Research Systems Trading Down 0.5 %

FDS stock opened at $467.10 on Monday. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The business’s 50-day moving average is $474.36 and its 200 day moving average is $456.72. 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 stock has a market cap of $17.76 billion, a price-to-earnings ratio of 33.48, a PEG ratio of 2.95 and a beta of 0.77.

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

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 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.