FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lowered its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,186 shares of the business services provider's stock after selling 677 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.12% of FactSet Research Systems worth $21,007,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in FactSet Research Systems by 7.2% during the second quarter. Cetera Investment Advisers now owns 5,791 shares of the business services provider's stock valued at $2,364,000 after purchasing an additional 391 shares during the last quarter. Czech National Bank lifted its stake in shares of FactSet Research Systems by 6.7% during the 3rd quarter. Czech National Bank now owns 7,749 shares of the business services provider's stock valued at $3,563,000 after buying an additional 486 shares in the last quarter. CWM LLC boosted its holdings in FactSet Research Systems by 17.8% in the 3rd quarter. CWM LLC now owns 2,075 shares of the business services provider's stock worth $954,000 after buying an additional 313 shares during the period. Perpetual Ltd boosted its position in shares of FactSet Research Systems by 44.6% in the third quarter. Perpetual Ltd now owns 755 shares of the business services provider's stock valued at $347,000 after acquiring an additional 233 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its position in shares of FactSet Research Systems by 810.8% during the 3rd 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. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS traded down $0.21 during trading on Wednesday, hitting $454.07. 212,089 shares of the stock traded hands, compared to its average volume of 315,439. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The company has a fifty day moving average price of $472.56 and a two-hundred day moving average price of $457.31. FactSet Research Systems Inc. has a 52-week low of $391.84 and a 52-week high of $499.87. The company has a market cap of $17.27 billion, a price-to-earnings ratio of 32.55, 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 quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, topping the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $568.70 million during the quarter, compared to analysts' expectations of $565.14 million. During the same period in the previous year, the business earned $4.12 earnings per share. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. As a group, equities analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems's dividend payout ratio is presently 29.82%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FDS. Royal Bank of Canada reissued a "sector perform" rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 20th. BMO Capital Markets decreased their price target on FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating on the stock in a research note on Monday, December 23rd. Morgan Stanley increased their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company an "underweight" rating in a research note on Thursday, December 12th. Wells Fargo & Company decreased their target price on shares of FactSet Research Systems from $503.00 to $500.00 and set an "equal weight" rating on the stock in a research note on Tuesday. 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. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems has an average rating of "Hold" and a consensus target price of $453.23.

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.