Fiera Capital Corp Sells 2,409 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Fiera Capital Corp lowered its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 0.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 291,251 shares of the business services provider's stock after selling 2,409 shares during the period. Fiera Capital Corp owned approximately 0.77% of FactSet Research Systems worth $133,932,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC acquired a new stake in shares of FactSet Research Systems in the 3rd quarter worth $26,000. UMB Bank n.a. lifted its position in FactSet Research Systems by 144.4% in the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider's stock valued at $27,000 after acquiring an additional 39 shares during the last quarter. Crewe Advisors LLC lifted its position in FactSet Research Systems by 750.0% during the 2nd quarter. Crewe Advisors LLC now owns 68 shares of the business services provider's stock worth $28,000 after acquiring an additional 60 shares during the period. Quest Partners LLC grew its stake in shares of FactSet Research Systems by 6,700.0% during the 2nd quarter. Quest Partners LLC now owns 68 shares of the business services provider's stock worth $28,000 after purchasing an additional 67 shares during the period. Finally, Gladius Capital Management LP purchased a new position in shares of FactSet Research Systems during the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on FDS shares. Evercore ISI began coverage on shares of FactSet Research Systems in a research note on Wednesday, October 2nd. They set an "inline" rating and a $470.00 price objective on the stock. Wells Fargo & Company lifted their price objective on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an "equal weight" rating in a research note on Friday, September 20th. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a "hold" rating in a report on Friday, September 20th. BMO Capital Markets upped their price objective on FactSet Research Systems from $440.00 to $471.00 and gave the stock a "market perform" rating in a report on Friday, September 20th. Finally, UBS Group lifted their target price on FactSet Research Systems from $455.00 to $485.00 and gave the stock a "neutral" rating in a report on Friday, September 20th. Five analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $443.57.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS traded up $3.79 on Friday, hitting $477.67. The company's stock had a trading volume of 256,149 shares, compared to its average volume of 261,367. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $488.64. The company has a market capitalization of $18.15 billion, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 3.05 and a beta of 0.75. The stock's 50-day moving average is $454.40 and its two-hundred day moving average is $431.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.25.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 EPS 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 business had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. During the same quarter in the prior year, the firm posted $2.93 EPS. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 17.2 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be given a dividend of $1.04 per share. The ex-dividend date is Friday, November 29th. This represents a $4.16 annualized dividend and a yield of 0.87%. FactSet Research Systems's dividend payout ratio (DPR) is presently 29.93%.

Insider Activity at FactSet Research Systems

In related news, Director James J. Mcgonigle sold 5,410 shares of the firm's stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $456.83, for a total transaction of $2,471,450.30. Following the completion of the transaction, the director now directly owns 5,283 shares of the company's stock, valued at $2,413,432.89. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director James J. Mcgonigle sold 5,410 shares of the business's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $456.83, for a total value of $2,471,450.30. Following the sale, the director now directly owns 5,283 shares in the company, valued at approximately $2,413,432.89. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Frederick Philip Snow sold 3,000 shares of the firm's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total value of $1,249,770.00. Following the sale, the chief executive officer now owns 12,915 shares in the company, valued at $5,380,259.85. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,362 shares of company stock valued at $11,450,695. 1.00% of the stock is owned by corporate insiders.

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.