FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC cut its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,054 shares of the business services provider's stock after selling 1,233 shares during the period. Copeland Capital Management LLC owned approximately 0.17% of FactSet Research Systems worth $31,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. AQR Capital Management LLC increased its stake in FactSet Research Systems by 68.8% during the second quarter. AQR Capital Management LLC now owns 14,994 shares of the business services provider's stock worth $6,122,000 after acquiring an additional 6,111 shares during the last quarter. NewEdge Advisors LLC raised its holdings in FactSet Research Systems by 20.8% in the 2nd quarter. NewEdge Advisors LLC now owns 5,266 shares of the business services provider's stock valued at $2,150,000 after buying an additional 908 shares during the period. Cetera Investment Advisers raised its stake in shares of FactSet Research Systems by 7.2% in the 2nd quarter. Cetera Investment Advisers now owns 5,791 shares of the business services provider's stock valued at $2,364,000 after acquiring an additional 391 shares during the period. Czech National Bank lifted its holdings in shares of FactSet Research Systems by 6.7% in the 3rd quarter. Czech National Bank now owns 7,749 shares of the business services provider's stock worth $3,563,000 after acquiring an additional 486 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of FactSet Research Systems by 12.1% during the 3rd quarter. Harbor Investment Advisory LLC now owns 881 shares of the business services provider's stock worth $405,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 91.24% of the company's stock.

FactSet Research Systems Stock Up 0.0 %

FactSet Research Systems stock traded up $0.16 during mid-day trading on Wednesday, hitting $467.00. The company had a trading volume of 76,400 shares, compared to its average volume of 329,607. The stock has a market cap of $17.76 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 2.98 and a beta of 0.77. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The business has a fifty day moving average of $475.69 and a 200 day moving average of $455.62.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.25 by $0.12. The firm had revenue of $568.70 million during the quarter, compared to analysts' expectations of $565.14 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 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned $4.12 EPS. On average, sell-side 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders 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 dividend yield of 0.89%. FactSet Research Systems's payout ratio is 29.82%.

Insider Transactions 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 in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on FDS shares. Royal Bank of Canada reissued a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. UBS Group lifted their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. BMO Capital Markets reduced their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating on the stock in a research report on Monday, December 23rd. Redburn Atlantic cut shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and dropped their price objective for the company from $420.00 to $380.00 in a report on Wednesday, October 9th. Finally, Morgan Stanley increased their target price 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. Five equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average 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.