Barclays PLC Lowers Stake in FactSet Research Systems Inc. (NYSE:FDS)

Barclays PLC reduced its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 13.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 98,930 shares of the business services provider's stock after selling 15,440 shares during the quarter. Barclays PLC owned about 0.26% of FactSet Research Systems worth $47,513,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FDS. Allworth Financial LP lifted its position in FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock worth $64,000 after acquiring an additional 22 shares during the period. Smartleaf Asset Management LLC lifted its stake in FactSet Research Systems by 19.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider's stock valued at $99,000 after acquiring an additional 33 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of FactSet Research Systems during the fourth quarter worth $102,000. Private Trust Co. NA lifted its position in FactSet Research Systems by 8.2% during the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock valued at $140,000 after purchasing an additional 22 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new stake in FactSet Research Systems during the 4th quarter worth about $174,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Price Performance

FDS traded up $9.32 on Tuesday, reaching $422.35. 81,774 shares of the company's stock were exchanged, compared to its average volume of 284,552. The stock has a market cap of $16.03 billion, a PE ratio of 30.25, a P/E/G ratio of 2.93 and a beta of 0.82. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. FactSet Research Systems Inc. has a twelve month low of $391.69 and a twelve month high of $499.87. The stock's fifty day moving average price is $439.89 and its 200-day moving average price is $461.24.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.17 by $0.11. The business had revenue of $570.70 million during the quarter, compared to analyst estimates 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 revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the business earned $4.22 earnings per share. Sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

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

Analyst Ratings Changes

FDS has been the topic of a number of recent research reports. Royal Bank of Canada restated a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. BMO Capital Markets decreased their target price on shares of FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating for the company in a research note on Monday, March 24th. Morgan Stanley dropped their price target on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research report on Friday, March 21st. Wells Fargo & Company lowered shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating and lowered their target price for the stock from $450.00 to $402.00 in a research note on Friday, March 21st. Finally, UBS Group lowered their price target on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating on the stock in a research report on Friday, March 21st. Four investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $436.90.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of FactSet Research Systems stock in a transaction on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now owns 44 shares in the company, valued at $19,084.12. The trade was 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 available through the SEC website. Insiders own 1.10% of the company's stock.

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.