FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Townsquare Capital LLC

Townsquare Capital LLC boosted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,371 shares of the business services provider's stock after acquiring an additional 1,345 shares during the quarter. Townsquare Capital LLC owned 0.07% of FactSet Research Systems worth $12,185,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sterling Capital Management LLC boosted its holdings in shares of FactSet Research Systems by 5.6% in the fourth quarter. Sterling Capital Management LLC now owns 4,699 shares of the business services provider's stock valued at $2,257,000 after purchasing an additional 249 shares during the period. APG Asset Management N.V. increased its stake in shares of FactSet Research Systems by 381.8% during the fourth quarter. APG Asset Management N.V. now owns 26,500 shares of the business services provider's stock valued at $12,291,000 after buying an additional 21,000 shares during the period. Bank of Nova Scotia lifted its stake in FactSet Research Systems by 4.2% in the fourth quarter. Bank of Nova Scotia now owns 5,073 shares of the business services provider's stock worth $2,436,000 after acquiring an additional 203 shares during the period. Invesco Ltd. lifted its stake in FactSet Research Systems by 17.2% in the fourth quarter. Invesco Ltd. now owns 456,149 shares of the business services provider's stock worth $219,079,000 after acquiring an additional 66,861 shares during the period. Finally, Bank of Montreal Can grew its holdings in FactSet Research Systems by 26.7% during the 4th quarter. Bank of Montreal Can now owns 53,049 shares of the business services provider's stock worth $25,478,000 after acquiring an additional 11,177 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Performance

FDS traded down $0.37 on Friday, reaching $426.86. 255,290 shares of the stock were exchanged, compared to its average volume of 285,213. The company's 50-day moving average price is $441.25 and its 200 day moving average price is $461.69. 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 $16.20 billion, a PE ratio of 30.60, a PEG ratio of 2.93 and a beta of 0.82. FactSet Research Systems Inc. has a fifty-two week low of $391.69 and a fifty-two week high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating analysts' consensus estimates of $4.17 by $0.11. The firm had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. FactSet Research Systems's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.22 earnings per share. As a group, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were given a $1.04 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.97%. FactSet Research Systems's dividend payout ratio (DPR) is currently 29.59%.

Analyst Upgrades and Downgrades

FDS has been the subject of several research reports. Wells Fargo & Company cut shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. Morgan Stanley dropped their target price on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research report on Friday, March 21st. UBS Group reduced their price target on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. BMO Capital Markets dropped their price objective on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating on the stock in a research report on Monday, March 24th. Finally, Stifel Nicolaus increased their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a research report on Friday, December 20th. Four investment analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. According to data from MarketBeat, FactSet Research Systems presently has an average rating of "Hold" and an average target price of $436.90.

Insider Buying and Selling

In related news, CAO Gregory T. Moskoff sold 363 shares of FactSet Research Systems stock in a transaction on Monday, March 24th. The shares were sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now owns 44 shares of the company's stock, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is currently owned by insiders.

FactSet Research Systems Company 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.