Coldstream Capital Management Inc. Sells 3,638 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Coldstream Capital Management Inc. lessened its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 65.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,880 shares of the business services provider's stock after selling 3,638 shares during the period. Coldstream Capital Management Inc.'s holdings in FactSet Research Systems were worth $869,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Natixis Advisors LLC lifted its holdings in FactSet Research Systems by 1.1% during the 3rd quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider's stock valued at $55,621,000 after purchasing an additional 1,260 shares during the last quarter. Jensen Investment Management Inc. boosted its holdings in shares of FactSet Research Systems by 11.6% in the 3rd quarter. Jensen Investment Management Inc. now owns 12,000 shares of the business services provider's stock worth $5,518,000 after acquiring an additional 1,250 shares in the last quarter. Envestnet Asset Management Inc. grew its position in FactSet Research Systems by 1.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 101,322 shares of the business services provider's stock worth $41,367,000 after acquiring an additional 1,699 shares during the last quarter. Intech Investment Management LLC increased its holdings in FactSet Research Systems by 29.4% during the 3rd quarter. Intech Investment Management LLC now owns 12,151 shares of the business services provider's stock valued at $5,588,000 after purchasing an additional 2,764 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in FactSet Research Systems by 12.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,938 shares of the business services provider's stock valued at $6,099,000 after purchasing an additional 1,675 shares during the last quarter. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Up 0.1 %

NYSE FDS traded up $0.46 on Friday, reaching $489.07. The company had a trading volume of 240,548 shares, compared to its average volume of 259,895. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market capitalization of $18.58 billion, a price-to-earnings ratio of 35.18, a price-to-earnings-growth ratio of 3.15 and a beta of 0.76. The company's fifty day moving average is $474.46 and its 200-day moving average is $440.27. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping the consensus estimate of $3.62 by $0.12. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business had revenue of $562.20 million during the quarter, compared to analysts' expectations of $547.06 million. During the same quarter in the prior year, the company posted $2.93 earnings per share. The firm's revenue was up 4.9% on a year-over-year basis. On average, research analysts forecast that FactSet Research Systems Inc. will post 17.2 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.16 annualized dividend and a yield of 0.85%. FactSet Research Systems's dividend payout ratio (DPR) is presently 29.93%.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the business's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction of $780,182.00. Following the transaction, the insider now owns 299 shares of the company's stock, valued at $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher R. Ellis sold 13,952 shares of the firm's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the sale, the executive vice president now directly owns 23,515 shares of the company's stock, valued at $10,726,367.25. This represents a 37.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,984 shares of company stock worth $10,981,107 over the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FDS shares. UBS Group raised their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a "neutral" rating in a research note on Friday, November 15th. Evercore ISI initiated coverage on shares of FactSet Research Systems in a research note on Wednesday, October 2nd. They issued an "inline" rating and a $470.00 target price for the company. BMO Capital Markets increased their price target on shares of FactSet Research Systems from $471.00 to $521.00 and gave the company a "market perform" rating in a research note on Friday, November 15th. Stifel Nicolaus boosted their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the stock a "hold" rating in a research report on Friday, September 20th. Finally, Redburn Atlantic lowered shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and reduced their target price for the company from $420.00 to $380.00 in a research note on Wednesday, October 9th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $451.85.

FactSet Research Systems Profile

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.