Skylands Capital LLC Makes New $1.02 Million Investment in FactSet Research Systems Inc. $FDS

Skylands Capital LLC acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 4,700 shares of the business services provider’s stock, valued at approximately $1,020,000.

Other institutional investors have also made changes to their positions in the company. Cromwell Holdings LLC purchased a new position in shares of FactSet Research Systems in the fourth quarter valued at $26,000. WPG Advisers LLC increased its stake in FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after buying an additional 40 shares during the period. Field & Main Bank purchased a new stake in FactSet Research Systems during the 4th quarter worth $29,000. BOKF NA lifted its holdings in FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares in the last quarter. Finally, Navalign LLC purchased a new position in FactSet Research Systems in the 4th quarter valued at about $32,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Price Performance

FDS opened at $232.00 on Friday. The company has a market capitalization of $8.45 billion, a P/E ratio of 14.92, a PEG ratio of 1.93 and a beta of 0.71. The company has a 50-day moving average of $230.82 and a 200-day moving average of $239.48. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 1.43. FactSet Research Systems Inc. has a 1-year low of $185.00 and a 1-year high of $453.41.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.46 EPS for the quarter, topping the consensus estimate of $4.37 by $0.09. The business had revenue of $611.02 million for the quarter, compared to analysts’ expectations of $604.78 million. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company posted $4.28 earnings per share. Equities analysts expect that FactSet Research Systems Inc. will post 17.66 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, May 29th were issued a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.64 dividend on an annualized basis and a yield of 2.0%. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio (DPR) is 29.84%.

Wall Street Analysts Forecast Growth

FDS has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Wednesday. Wells Fargo & Company increased their price target on FactSet Research Systems from $195.00 to $200.00 and gave the company an “underweight” rating in a report on Wednesday, April 1st. The Goldman Sachs Group lowered FactSet Research Systems from a “sell” rating to an “underweight” rating in a research note on Thursday, June 18th. Rothschild & Co Redburn downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective on the stock. in a report on Thursday, June 18th. Finally, UBS Group reduced their target price on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, FactSet Research Systems has a consensus rating of “Reduce” and a consensus price target of $267.69.

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.