Core Alternative Capital Sells 1,026 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Core Alternative Capital decreased its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 6.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,885 shares of the business services provider's stock after selling 1,026 shares during the quarter. Core Alternative Capital's holdings in FactSet Research Systems were worth $6,669,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC grew its position in FactSet Research Systems by 17.8% during the third quarter. CWM LLC now owns 2,075 shares of the business services provider's stock worth $954,000 after buying an additional 313 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its stake in FactSet Research Systems by 810.8% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 337 shares of the business services provider's stock valued at $155,000 after purchasing an additional 300 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in FactSet Research Systems by 581.8% during the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider's stock worth $69,000 after purchasing an additional 128 shares during the period. Koshinski Asset Management Inc. grew its stake in FactSet Research Systems by 26.6% during the third quarter. Koshinski Asset Management Inc. now owns 776 shares of the business services provider's stock worth $357,000 after buying an additional 163 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new position in FactSet Research Systems in the 3rd quarter valued at about $120,000. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Down 0.7 %

Shares of FDS stock traded down $3.15 during mid-day trading on Friday, hitting $456.24. The company's stock had a trading volume of 190,431 shares, compared to its average volume of 308,234. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. 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 company's fifty day simple moving average is $471.71 and its 200-day simple moving average is $457.64. The company has a market cap of $17.35 billion, a PE ratio of 32.71, a P/E/G ratio of 2.95 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. During the same period in the prior year, the firm earned $4.12 earnings per share. FactSet Research Systems's revenue was up 4.9% on a year-over-year basis. As a group, equities research 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 declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a yield of 0.91%. FactSet Research Systems's dividend payout ratio (DPR) is presently 29.82%.

Analyst Ratings Changes

Several analysts recently issued reports on FDS shares. Wells Fargo & Company reduced their price target on shares of FactSet Research Systems from $503.00 to $500.00 and set an "equal weight" rating on the stock in a research report on Tuesday. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday, December 20th. Morgan Stanley boosted their price target on FactSet Research Systems from $373.00 to $409.00 and gave the stock an "underweight" rating in a report on Thursday, December 12th. Stifel Nicolaus raised 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 note on Friday, December 20th. Finally, BMO Capital Markets cut their price objective 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. Five equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $453.23.

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.