Everett Harris & Co. CA Has $71.97 Million Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Everett Harris & Co. CA increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,839 shares of the business services provider's stock after buying an additional 1,308 shares during the quarter. FactSet Research Systems accounts for about 0.9% of Everett Harris & Co. CA's portfolio, making the stock its 24th largest position. Everett Harris & Co. CA owned approximately 0.39% of FactSet Research Systems worth $71,965,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Great Diamond Partners LLC purchased a new stake in FactSet Research Systems in the fourth quarter valued at $205,000. Caprock Group LLC raised its stake in shares of FactSet Research Systems by 13.3% during the 4th quarter. Caprock Group LLC now owns 632 shares of the business services provider's stock worth $304,000 after buying an additional 74 shares during the period. Mediolanum International Funds Ltd raised its position in FactSet Research Systems by 35.4% during the fourth quarter. Mediolanum International Funds Ltd now owns 23,718 shares of the business services provider's stock worth $11,420,000 after acquiring an additional 6,207 shares during the period. Mount Yale Investment Advisors LLC increased its stake in shares of FactSet Research Systems by 1.4% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider's stock worth $755,000 after purchasing an additional 22 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in FactSet Research Systems by 6.4% in the 4th quarter. Pacer Advisors Inc. now owns 3,031 shares of the business services provider's stock worth $1,456,000 after buying an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Up 0.0 %

FactSet Research Systems stock traded up $0.09 during trading on Wednesday, reaching $466.93. The company had a trading volume of 76,400 shares, compared to its average volume of 329,607. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market capitalization of $17.76 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 2.98 and a beta of 0.77. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The stock's 50 day moving average price is $475.69 and its two-hundred day moving average price is $455.62.

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 EPS for the quarter, beating the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. FactSet Research Systems's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $4.12 earnings per share. As a group, equities analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.89%. FactSet Research Systems's dividend payout ratio (DPR) is presently 29.82%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Redburn Atlantic cut shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and dropped their price target for the company from $420.00 to $380.00 in a research note on Wednesday, October 9th. Stifel Nicolaus lifted 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 note on Friday, December 20th. BMO Capital Markets dropped their target price on FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating on the stock in a report on Monday, December 23rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, December 20th. Finally, Morgan Stanley increased their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an "underweight" rating in a research report on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $453.46.

Insider Buying and Selling at FactSet Research Systems

In related news, insider John Costigan sold 1,622 shares of the firm'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 value of $780,182.00. Following the sale, the insider now owns 299 shares of the company's stock, valued at approximately $143,819. This trade represents a 84.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.10% of the stock is currently 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.