Robeco Institutional Asset Management B.V. Trims Stake in FactSet Research Systems Inc. (NYSE:FDS)

Robeco Institutional Asset Management B.V. cut its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 78.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,209 shares of the business services provider's stock after selling 4,374 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in FactSet Research Systems were worth $581,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC bought a new position in FactSet Research Systems in the 3rd quarter valued at approximately $26,000. Capital Performance Advisors LLP purchased a new stake in FactSet Research Systems during the 3rd quarter valued at $34,000. Brooklyn Investment Group purchased a new stake in FactSet Research Systems during the 3rd quarter valued at $35,000. Exchange Traded Concepts LLC lifted its holdings in shares of FactSet Research Systems by 581.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider's stock valued at $69,000 after buying an additional 128 shares during the period. Finally, Coastline Trust Co purchased a new position in shares of FactSet Research Systems in the 3rd quarter worth $78,000. 91.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on FDS. Stifel Nicolaus boosted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a research note on Friday, December 20th. BMO Capital Markets cut their target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating for the company in a research report on Monday, December 23rd. 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. UBS Group boosted their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. Finally, Morgan Stanley lifted their target price on FactSet Research Systems from $373.00 to $409.00 and gave the company an "underweight" rating in a research report on Thursday, December 12th. Five equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $453.46.

FactSet Research Systems Price Performance

FDS traded down $2.18 during trading on Friday, reaching $467.10. 221,895 shares of the company traded hands, compared to its average volume of 328,979. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a fifty day simple moving average of $474.36 and a 200 day simple moving average of $456.34. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a market cap of $17.76 billion, a P/E ratio of 33.48, a PEG ratio of 2.95 and a beta of 0.77.

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

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.89%. FactSet Research Systems's dividend payout ratio is 29.82%.

Insider Buying and Selling

In related news, insider John Costigan sold 1,622 shares of the company's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the transaction, the insider now owns 299 shares in the company, valued at approximately $143,819. This represents a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is owned by company insiders.

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.