776 Shares in FactSet Research Systems Inc. (NYSE:FDS) Purchased by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 776 shares of the business services provider's stock, valued at approximately $373,000.

Other institutional investors also recently made changes to their positions in the company. Everence Capital Management Inc. acquired a new stake in FactSet Research Systems during the 4th quarter worth approximately $413,000. Geode Capital Management LLC boosted its holdings in FactSet Research Systems by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider's stock valued at $460,467,000 after purchasing an additional 8,376 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in FactSet Research Systems by 52.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider's stock valued at $2,003,000 after purchasing an additional 1,436 shares during the period. Nordea Investment Management AB increased its holdings in shares of FactSet Research Systems by 21.0% during the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider's stock worth $164,653,000 after purchasing an additional 59,173 shares during the period. Finally, Avanza Fonder AB acquired a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $1,481,000. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Up 2.2 %

Shares of FDS stock traded up $9.24 during mid-day trading on Friday, reaching $425.93. 266,476 shares of the stock traded hands, compared to its average volume of 284,814. FactSet Research Systems Inc. has a 1-year low of $391.69 and a 1-year high of $499.87. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The company has a market cap of $16.16 billion, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 2.93 and a beta of 0.82. The stock's fifty day simple moving average is $444.02 and its two-hundred day simple moving average is $462.46.

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FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, beating the consensus estimate 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 business's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.22 earnings per share. On average, research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems's dividend payout ratio is presently 29.59%.

Insider Buying and Selling at FactSet Research Systems

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

Analysts Set New Price Targets

A number of equities analysts have commented on FDS shares. BMO Capital Markets lowered their price objective on 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. UBS Group cut their price objective on shares of FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Royal Bank of Canada reissued a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Monday, March 10th. Stifel Nicolaus lifted their price objective on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a research note on Friday, December 20th. Finally, Wells Fargo & Company downgraded FactSet Research Systems from an "equal weight" rating to an "underweight" rating and reduced their target price for the company from $450.00 to $402.00 in a report on Friday, March 21st. Four analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $436.90.

About FactSet Research Systems

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.