Mediolanum International Funds Ltd Acquires 6,207 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Mediolanum International Funds Ltd grew its position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 35.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,718 shares of the business services provider's stock after buying an additional 6,207 shares during the period. Mediolanum International Funds Ltd owned approximately 0.06% of FactSet Research Systems worth $11,420,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FDS. Geode Capital Management LLC lifted its position in FactSet Research Systems by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider's stock valued at $460,467,000 after acquiring an additional 8,376 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of FactSet Research Systems by 52.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider's stock valued at $2,003,000 after purchasing an additional 1,436 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of FactSet Research Systems by 1.1% during the third quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider's stock worth $55,621,000 after buying an additional 1,260 shares during the period. Nordea Investment Management AB lifted its stake in 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 acquired a new position in FactSet Research Systems during the 4th quarter worth approximately $1,481,000. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Trading Down 0.1 %

Shares of FactSet Research Systems stock traded down $0.70 during trading on Tuesday, hitting $469.11. The company's stock had a trading volume of 114,190 shares, compared to its average volume of 335,233. The stock has a market cap of $17.84 billion, a price-to-earnings ratio of 33.63, a price-to-earnings-growth ratio of 2.98 and a beta of 0.77. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The stock has a 50-day moving average price of $476.16 and a two-hundred day moving average price of $455.32. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

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 for the quarter, topping analysts' consensus estimates 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 business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. During the same period in the previous year, the company posted $4.12 earnings per share. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. Equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. FactSet Research Systems's dividend payout ratio is currently 29.82%.

Insider Buying and Selling

In other news, insider John Costigan sold 1,622 shares of the business's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the transaction, the insider now directly owns 299 shares in the company, valued at $143,819. The trade was a 84.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

FDS has been the subject of a number of analyst reports. Stifel Nicolaus raised their target price 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. Royal Bank of Canada reissued a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, December 20th. Redburn Atlantic lowered FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their price target for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. 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 report on Thursday, December 12th. Finally, BMO Capital Markets dropped their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating on the stock in a research report on Monday, December 23rd. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $453.46.

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.