Capital Insight Partners LLC Lowers Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Capital Insight Partners LLC lessened its position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 15.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,454 shares of the business services provider's stock after selling 1,785 shares during the period. Capital Insight Partners LLC's holdings in FactSet Research Systems were worth $4,541,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FDS. Raymond James Trust N.A. lifted its position in shares of FactSet Research Systems by 2.3% during the 3rd quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider's stock worth $436,000 after buying an additional 21 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of FactSet Research Systems by 1.4% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider's stock valued at $755,000 after buying an additional 22 shares during the last quarter. Cerro Pacific Wealth Advisors LLC grew its stake in shares of FactSet Research Systems by 1.4% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider's stock worth $809,000 after acquiring an additional 25 shares during the period. Andina Capital Management LLC increased its stake in shares of FactSet Research Systems by 3.8% in the third 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 in the last quarter. Finally, Wallace Advisory Group LLC lifted its position in shares of FactSet Research Systems by 4.2% during the fourth quarter. Wallace Advisory Group LLC now owns 894 shares of the business services provider's stock worth $411,000 after acquiring an additional 36 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of FDS traded down $0.61 during trading hours on Wednesday, reaching $466.24. 67,398 shares of the company's stock traded hands, compared to its average volume of 329,300. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market capitalization of $17.73 billion, a price-to-earnings ratio of 33.45, a P/E/G ratio of 2.98 and a beta of 0.77. The business's fifty day simple moving average is $475.69 and its two-hundred day simple moving average is $455.62.

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

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be issued a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a yield of 0.89%. FactSet Research Systems's dividend payout ratio is presently 29.82%.

Analyst Upgrades and Downgrades

FDS has been the subject of several recent analyst reports. Redburn Atlantic cut FactSet Research Systems from a "neutral" rating to a "sell" rating and reduced their target price for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. UBS Group lifted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. Stifel Nicolaus increased their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a "hold" rating in a research report on Friday, December 20th. Morgan Stanley increased their price target on FactSet Research Systems from $373.00 to $409.00 and gave the stock an "underweight" rating in a research note on Thursday, December 12th. Finally, BMO Capital Markets dropped their price objective on 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. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $453.46.

Insider Buying and Selling

In other news, insider John Costigan sold 1,622 shares of the company'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 sale, the insider now directly owns 299 shares of the company's stock, valued at approximately $143,819. This represents a 84.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by insiders.

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.