Boston Trust Walden Corp Raises Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Boston Trust Walden Corp boosted its position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 301,614 shares of the business services provider's stock after acquiring an additional 5,285 shares during the period. FactSet Research Systems accounts for 1.0% of Boston Trust Walden Corp's holdings, making the stock its 15th biggest position. Boston Trust Walden Corp owned 0.79% of FactSet Research Systems worth $144,859,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in FactSet Research Systems by 0.8% during the third quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider's stock valued at $460,467,000 after acquiring an additional 8,376 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of FactSet Research Systems by 52.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider's stock worth $2,003,000 after buying an additional 1,436 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of FactSet Research Systems by 1.1% in the third quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider's stock worth $55,621,000 after buying an additional 1,260 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of FactSet Research Systems by 21.0% in the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider's stock worth $164,653,000 after buying an additional 59,173 shares during the last quarter. Finally, Avanza Fonder AB purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $1,481,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Price Performance

Shares of NYSE FDS traded down $0.78 during trading on Thursday, hitting $468.04. The company had a trading volume of 207,566 shares, compared to its average volume of 328,978. The stock has a fifty day simple moving average of $474.85 and a two-hundred day simple moving average of $455.80. 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 firm has a market capitalization of $17.80 billion, a price-to-earnings ratio of 33.55, a price-to-earnings-growth ratio of 2.98 and a beta of 0.77. FactSet Research Systems Inc. has a fifty-two week low of $391.84 and a fifty-two week high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $4.12 earnings per share. On average, research analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems's dividend payout ratio is currently 29.82%.

Insider Transactions at FactSet Research Systems

In other news, insider John Costigan sold 1,622 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now directly owns 299 shares of the company's stock, valued at approximately $143,819. This trade represents a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on FDS. Redburn Atlantic cut shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Morgan Stanley raised 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. BMO Capital Markets decreased their price target 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. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Friday, December 20th. Finally, UBS Group increased their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a "neutral" rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $453.46.

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.