O Shaughnessy Asset Management LLC Acquires 1,408 Shares of FactSet Research Systems Inc. (NYSE:FDS)

O Shaughnessy Asset Management LLC grew its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 19.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,671 shares of the business services provider's stock after purchasing an additional 1,408 shares during the period. O Shaughnessy Asset Management LLC's holdings in FactSet Research Systems were worth $4,165,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FDS. Everence Capital Management Inc. bought a new stake in FactSet Research Systems in the fourth quarter worth $413,000. Geode Capital Management LLC boosted its stake 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 worth $460,467,000 after purchasing an additional 8,376 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in FactSet Research Systems by 52.5% in 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 purchasing an additional 1,436 shares in the last quarter. Nordea Investment Management AB grew its position in FactSet Research Systems by 21.0% during 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 purchasing an additional 59,173 shares during the last quarter. Finally, Avanza Fonder AB bought a new stake in FactSet Research Systems during the 4th quarter valued at about $1,481,000. 91.24% of the stock is owned by institutional investors.

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FactSet Research Systems Stock Performance

Shares of FDS traded down $10.55 on Monday, reaching $405.64. The company's stock had a trading volume of 554,617 shares, compared to its average volume of 283,943. The stock's 50 day simple moving average is $450.49 and its two-hundred day simple moving average is $464.48. 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 stock has a market capitalization of $15.43 billion, a P/E ratio of 29.08, a PEG ratio of 2.93 and a beta of 0.82. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The firm had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. During the same quarter in the previous year, the firm posted $4.22 EPS. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. Research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were given a dividend of $1.04 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.03%. FactSet Research Systems's payout ratio is currently 29.59%.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of FactSet Research Systems stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 44 shares of the company's stock, valued at $19,084.12. The trade was a 89.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

FDS has been the topic of a number of recent analyst reports. Morgan Stanley cut their price target on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a report on Friday, March 21st. UBS Group reduced their target price on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a report on Friday, March 21st. BMO Capital Markets lowered their price target on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating on the stock in a report on Monday, March 24th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Monday, March 10th. Finally, Wells Fargo & Company cut shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $450.00 to $402.00 in a research note on Friday, March 21st. Five analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $436.27.

About FactSet Research Systems

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.