FactSet Research Systems Inc. (NYSE:FDS) Stake Boosted by Boston Trust Walden Corp

Boston Trust Walden Corp grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 9.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 296,329 shares of the business services provider's stock after acquiring an additional 25,294 shares during the period. FactSet Research Systems comprises about 0.9% of Boston Trust Walden Corp's holdings, making the stock its 16th biggest position. Boston Trust Walden Corp owned about 0.78% of FactSet Research Systems worth $136,267,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Park Avenue Securities LLC raised its position in shares of FactSet Research Systems by 4.6% during the 1st quarter. Park Avenue Securities LLC now owns 1,625 shares of the business services provider's stock worth $739,000 after purchasing an additional 72 shares during the last quarter. SteelPeak Wealth LLC acquired a new position in shares of FactSet Research Systems during the 1st quarter worth approximately $510,000. BKM Wealth Management LLC raised its position in shares of FactSet Research Systems by 15.7% during the 1st quarter. BKM Wealth Management LLC now owns 2,846 shares of the business services provider's stock worth $1,293,000 after purchasing an additional 386 shares during the last quarter. Congress Wealth Management LLC DE raised its position in shares of FactSet Research Systems by 1.6% during the 1st quarter. Congress Wealth Management LLC DE now owns 27,608 shares of the business services provider's stock worth $12,545,000 after purchasing an additional 434 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of FactSet Research Systems by 11.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,097 shares of the business services provider's stock worth $953,000 after purchasing an additional 213 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FDS shares. Evercore ISI started coverage on FactSet Research Systems in a research report on Wednesday, October 2nd. They set an "inline" rating and a $470.00 price objective for the company. BMO Capital Markets lifted their price objective on FactSet Research Systems from $440.00 to $471.00 and gave the stock a "market perform" rating in a research report on Friday, September 20th. Wells Fargo & Company lifted their target price on shares of 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. Stifel Nicolaus increased their price target on FactSet Research Systems from $451.00 to $469.00 and gave the stock a "hold" rating in a research note on Friday, September 20th. Finally, Redburn Atlantic downgraded FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their price objective for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $443.57.

FactSet Research Systems Trading Down 0.4 %

Shares of NYSE FDS traded down $1.69 during midday trading on Friday, hitting $454.94. The stock had a trading volume of 199,958 shares, compared to its average volume of 207,329. The company has a fifty day moving average price of $445.18 and a 200 day moving average price of $428.91. The company has a market capitalization of $17.31 billion, a price-to-earnings ratio of 32.73, a PEG ratio of 3.08 and a beta of 0.75. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $488.64. The company has a quick ratio of 1.79, a current ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.62 by $0.12. The firm had revenue of $562.20 million during the quarter, compared to the consensus estimate of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The company's revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.93 EPS. On average, analysts predict that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Friday, August 30th were given a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Friday, August 30th. FactSet Research Systems's dividend payout ratio (DPR) is presently 29.93%.

Insider Buying and Selling

In related news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $455.09, for a total transaction of $1,365,270.00. Following the completion of the sale, the chief executive officer now owns 12,987 shares of the company's stock, valued at approximately $5,910,253.83. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other FactSet Research Systems news, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the completion of the sale, the executive vice president now owns 23,515 shares of the company's stock, valued at $10,726,367.25. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $455.09, for a total value of $1,365,270.00. Following the transaction, the chief executive officer now owns 12,987 shares of the company's stock, valued at approximately $5,910,253.83. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,362 shares of company stock valued at $12,688,945. 1.00% of the stock is currently 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.