Generali Asset Management SPA SGR Makes New $3.07 Million Investment in FactSet Research Systems Inc. (NYSE:FDS)

Generali Asset Management SPA SGR bought a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,390 shares of the business services provider's stock, valued at approximately $3,069,000.

Several other institutional investors have also recently bought and sold shares of FDS. Everence Capital Management Inc. acquired a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $413,000. Geode Capital Management LLC lifted its position in FactSet Research Systems by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider's stock worth $460,467,000 after buying an additional 8,376 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of FactSet Research Systems by 52.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider's stock worth $2,003,000 after buying an additional 1,436 shares during the last quarter. Nordea Investment Management AB grew its holdings in shares of FactSet Research Systems by 21.0% in the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider's stock valued at $164,653,000 after acquiring an additional 59,173 shares in the last quarter. Finally, Avanza Fonder AB bought a new position in shares of FactSet Research Systems in the 4th quarter valued at about $1,481,000. Institutional investors own 91.24% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FDS shares. Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and reduced their price target for the company from $450.00 to $402.00 in a research report on Friday. BMO Capital Markets cut their price objective on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating for the company in a report on Monday. Stifel Nicolaus boosted their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a "hold" rating in a report on Friday, December 20th. UBS Group cut their price target on shares of FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research note on Friday. Finally, Morgan Stanley lowered their price objective on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research note on Friday. Five research analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, FactSet Research Systems presently has a consensus rating of "Hold" and a consensus price target of $436.27.

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FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock traded down $0.42 on Monday, hitting $432.44. The stock had a trading volume of 340,045 shares, compared to its average volume of 272,144. The stock has a market cap of $16.45 billion, a price-to-earnings ratio of 31.00, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. The company has a quick ratio of 1.39, a current 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 business's 50 day moving average is $455.49 and its two-hundred day moving average is $464.69.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings data 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. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. During the same period in the prior year, the firm posted $4.22 EPS. The company's revenue for the quarter was up 4.5% on a year-over-year basis. Analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.96%. The ex-dividend date was Friday, February 28th. FactSet Research Systems's dividend payout ratio (DPR) is 29.82%.

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.