Aristides Capital LLC Makes New Investment in FactSet Research Systems Inc. (NYSE:FDS)

Aristides Capital LLC acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,000 shares of the business services provider's stock, valued at approximately $1,225,000.

Other hedge funds have also recently added to or reduced their stakes in the company. UMB Bank n.a. increased its stake in shares of FactSet Research Systems by 144.4% in the 2nd 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 increased its stake in FactSet Research Systems by 750.0% in the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider's stock valued at $28,000 after purchasing an additional 60 shares in the last quarter. Quest Partners LLC raised its holdings in FactSet Research Systems by 6,700.0% in the second 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. Gladius Capital Management LP bought a new position in shares of FactSet Research Systems during the second quarter worth $33,000. Finally, SJS Investment Consulting Inc. grew its holdings in shares of FactSet Research Systems by 300.0% in the 2nd quarter. SJS Investment Consulting Inc. now owns 88 shares of the business services provider's stock valued at $36,000 after buying an additional 66 shares during the period. Institutional investors and hedge funds own 91.24% of the company's stock.

FactSet Research Systems Stock Down 1.1 %

FDS stock traded down $4.87 during midday trading on Tuesday, hitting $454.98. The company's stock had a trading volume of 195,674 shares, compared to its average volume of 268,471. The company's fifty day moving average price is $425.78 and its 200 day moving average price is $427.31. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.79. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $488.64. The stock has a market capitalization of $17.31 billion, a P/E ratio of 34.31, a PEG ratio of 3.11 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (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 the consensus estimate of $547.06 million. During the same quarter in the previous year, the business earned $2.93 earnings per share. FactSet Research Systems's quarterly revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 17.16 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Friday, August 30th were issued a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, August 30th. FactSet Research Systems's payout ratio is presently 31.37%.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, Director James J. Mcgonigle sold 5,410 shares of the company's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.83, for a total transaction of $2,471,450.30. Following the sale, the director now directly owns 5,283 shares of the company's stock, valued at $2,413,432.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director James J. Mcgonigle sold 5,410 shares of FactSet Research Systems stock in a transaction dated 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 owns 5,283 shares in the company, valued at $2,413,432.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,380,259.85. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,362 shares of company stock valued at $12,688,945. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on FDS shares. Wells Fargo & Company raised their price objective on FactSet Research Systems from $435.00 to $503.00 and gave the stock an "equal weight" rating in a research note on Friday, September 20th. UBS Group raised their price target on FactSet Research Systems from $455.00 to $485.00 and gave the stock a "neutral" rating in a research report on Friday, September 20th. Jefferies Financial Group decreased their price objective on FactSet Research Systems from $455.00 to $378.00 and set a "hold" rating for the company in a research report on Wednesday, June 5th. Royal Bank of Canada increased their target price on FactSet Research Systems from $464.00 to $503.00 and gave the stock a "sector perform" rating in a research note on Friday, September 20th. Finally, BMO Capital Markets lifted their price target on shares of FactSet Research Systems from $440.00 to $471.00 and gave the company a "market perform" rating in a research note on Friday, September 20th. Four research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $446.67.

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.