Natixis Advisors LLC Has $55.62 Million Stake in FactSet Research Systems Inc. (NYSE:FDS)

Natixis Advisors LLC lifted its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 120,956 shares of the business services provider's stock after buying an additional 1,260 shares during the quarter. Natixis Advisors LLC owned approximately 0.32% of FactSet Research Systems worth $55,621,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Empowered Funds LLC increased its stake in shares of FactSet Research Systems by 47.6% in the first quarter. Empowered Funds LLC now owns 626 shares of the business services provider's stock valued at $284,000 after purchasing an additional 202 shares during the period. QRG Capital Management Inc. grew its holdings in FactSet Research Systems by 19.8% in the 1st quarter. QRG Capital Management Inc. now owns 998 shares of the business services provider's stock worth $454,000 after buying an additional 165 shares in the last quarter. Bleakley Financial Group LLC raised its stake in FactSet Research Systems by 10.5% during the 1st quarter. Bleakley Financial Group LLC now owns 789 shares of the business services provider's stock valued at $359,000 after acquiring an additional 75 shares in the last quarter. Vanguard Group Inc. boosted its position in FactSet Research Systems by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,571,550 shares of the business services provider's stock worth $2,077,267,000 after acquiring an additional 11,974 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its position in FactSet Research Systems by 5.9% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,524 shares of the business services provider's stock worth $3,419,000 after acquiring an additional 418 shares during the period. 91.24% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Christopher R. Ellis sold 13,952 shares of FactSet Research Systems stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the transaction, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. The trade was a 37.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the transaction, the insider now directly owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,984 shares of company stock valued at $12,230,877 over the last ninety days. Insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

FDS has been the subject of a number of recent analyst reports. Evercore ISI assumed coverage on shares of FactSet Research Systems in a research report on Wednesday, October 2nd. They issued an "inline" rating and a $470.00 target price for the company. Stifel Nicolaus boosted their target price on FactSet Research Systems from $451.00 to $469.00 and gave the stock a "hold" rating in a research report on Friday, September 20th. BMO Capital Markets upped 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 report on Friday. Redburn Atlantic cut FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their target price for the company from $420.00 to $380.00 in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company upped their price target on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an "equal weight" rating in a research note on Friday, September 20th. Five analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $450.00.

FactSet Research Systems Price Performance

FDS stock traded down $11.82 during midday trading on Friday, reaching $483.90. 375,391 shares of the company's stock traded hands, compared to its average volume of 246,324. The company has a 50-day simple moving average of $461.60 and a two-hundred day simple moving average of $433.69. The company has a quick ratio of 1.25, a current ratio of 1.25 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 company has a market cap of $18.38 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 3.20 and a beta of 0.75.

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

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be issued 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 0.86%. FactSet Research Systems's dividend payout ratio is currently 29.93%.

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.