LBP AM SA reduced its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 10.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,177 shares of the business services provider's stock after selling 942 shares during the quarter. LBP AM SA's holdings in FactSet Research Systems were worth $3,927,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of FDS. Brooklyn Investment Group acquired a new stake in shares of FactSet Research Systems in the 3rd quarter valued at approximately $35,000. Allworth Financial LP increased its stake in FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock valued at $64,000 after purchasing an additional 22 shares in the last quarter. Coastline Trust Co purchased a new position in FactSet Research Systems in the 3rd quarter valued at approximately $78,000. Continuum Advisory LLC increased its stake in FactSet Research Systems by 5,200.0% in the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider's stock valued at $79,000 after purchasing an additional 156 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in FactSet Research Systems by 19.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider's stock valued at $99,000 after purchasing an additional 33 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.
FactSet Research Systems Trading Down 1.5 %
Shares of FDS stock traded down $6.65 on Thursday, hitting $431.75. The stock had a trading volume of 587,476 shares, compared to its average volume of 292,362. The firm has a market cap of $16.42 billion, a P/E ratio of 30.95, a PEG ratio of 2.93 and a beta of 0.77. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The company has a fifty day moving average price of $456.45 and a two-hundred day moving average price of $464.35.
FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, topping the consensus estimate of $4.17 by $0.11. The firm had revenue of $570.70 million for the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm posted $4.22 EPS. As a group, analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.
FactSet Research Systems Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.96%. FactSet Research Systems's dividend payout ratio is 29.82%.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a research note on Friday, December 20th. Wells Fargo & Company lowered their price objective on FactSet Research Systems from $500.00 to $450.00 and set an "equal weight" rating for the company in a research report on Friday, March 7th. Morgan Stanley lifted their target price on FactSet Research Systems from $373.00 to $409.00 and gave the company an "underweight" rating in a report on Thursday, December 12th. BMO Capital Markets reduced 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. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Monday, March 10th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $449.38.
Check Out Our Latest Report on FDS
About FactSet Research Systems
(
Free Report)
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.
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