National Bank of Canada FI Acquires 2,976 Shares of FactSet Research Systems Inc. (NYSE:FDS)

National Bank of Canada FI increased its position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,219 shares of the business services provider's stock after purchasing an additional 2,976 shares during the quarter. National Bank of Canada FI owned approximately 0.08% of FactSet Research Systems worth $14,994,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FDS. Allworth Financial LP boosted its position in shares of FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock valued at $64,000 after acquiring an additional 22 shares in the last quarter. Continuum Advisory LLC raised its holdings in shares of 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 worth $79,000 after buying an additional 156 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of FactSet Research Systems by 19.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider's stock worth $99,000 after buying an additional 33 shares during the period. SBI Securities Co. Ltd. acquired a new stake in FactSet Research Systems in the 4th quarter valued at $102,000. Finally, Private Trust Co. NA increased its position in shares of FactSet Research Systems by 8.2% during the 4th quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock worth $140,000 after purchasing an additional 22 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company's stock.

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FactSet Research Systems Price Performance

FDS stock traded down $16.09 during trading on Thursday, reaching $410.74. 57,499 shares of the company were exchanged, compared to its average volume of 308,925. The company has a market capitalization of $15.59 billion, a price-to-earnings ratio of 29.44, a P/E/G ratio of 2.93 and a beta of 0.82. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The company has a 50-day moving average of $445.92 and a two-hundred day moving average of $463.01. FactSet Research Systems Inc. has a twelve month low of $391.69 and a twelve month high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its 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. 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 the consensus estimate of $570.65 million. During the same period in the previous year, the business earned $4.22 EPS. The business's quarterly revenue was up 4.5% compared to the same quarter last year. As a group, equities analysts predict 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 was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a $1.04 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 1.01%. FactSet Research Systems's payout ratio is currently 29.59%.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the business's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $433.73, for a total transaction of $157,443.99. Following the completion of the sale, the chief accounting officer now owns 44 shares in the company, valued at approximately $19,084.12. The trade was a 89.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Royal Bank of Canada reiterated a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Stifel Nicolaus increased their price objective 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. Morgan Stanley dropped their target price on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating for the company in a research note on Friday, March 21st. Wells Fargo & Company downgraded FactSet Research Systems from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. Finally, UBS Group reduced their target price on shares of FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Five investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $436.27.

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.