Rhumbline Advisers Sells 3,017 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Rhumbline Advisers lessened its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,946 shares of the business services provider's stock after selling 3,017 shares during the period. Rhumbline Advisers owned 0.21% of FactSet Research Systems worth $37,916,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Catalyst Capital Advisors LLC acquired a new position in FactSet Research Systems during the 3rd quarter worth $26,000. Capital Performance Advisors LLP bought a new stake in FactSet Research Systems during the 3rd quarter valued at approximately $34,000. Brooklyn Investment Group acquired a new stake in FactSet Research Systems in the 3rd quarter valued at approximately $35,000. Exchange Traded Concepts LLC lifted its holdings in shares of FactSet Research Systems by 581.8% during the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider's stock worth $69,000 after buying an additional 128 shares during the last quarter. Finally, Coastline Trust Co bought a new stake in shares of FactSet Research Systems in the third quarter valued at approximately $78,000. Institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Performance

FDS traded down $4.03 during trading on Friday, hitting $462.10. The stock had a trading volume of 161,605 shares, compared to its average volume of 293,699. 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 price of $469.87 and a 200-day moving average price of $459.00. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 33.13, a P/E/G ratio of 2.93 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $0.12. The company had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. FactSet Research Systems's quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $4.12 EPS. As a group, research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a $1.04 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a yield of 0.90%. FactSet Research Systems's dividend payout ratio (DPR) is 29.82%.

Wall Street Analyst Weigh In

Several research firms have issued reports on FDS. BMO Capital Markets decreased 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. Wells Fargo & Company reduced their price objective on FactSet Research Systems from $503.00 to $500.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 11th. Stifel Nicolaus raised 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 raised their price target on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an "underweight" rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $453.23.

FactSet Research Systems Company 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.