Royal London Asset Management Ltd. Has $56.46 Million Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Royal London Asset Management Ltd. cut its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,770 shares of the business services provider's stock after selling 1,211 shares during the period. Royal London Asset Management Ltd. owned 0.32% of FactSet Research Systems worth $56,456,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FDS. Cetera Investment Advisers increased its holdings in FactSet Research Systems by 214.5% during the first quarter. Cetera Investment Advisers now owns 5,400 shares of the business services provider's stock worth $2,454,000 after buying an additional 3,683 shares during the last quarter. Cetera Advisors LLC bought a new stake in shares of FactSet Research Systems in the 1st quarter valued at about $202,000. QRG Capital Management Inc. raised its holdings in shares of FactSet Research Systems by 6.0% in the 2nd quarter. QRG Capital Management Inc. now owns 1,058 shares of the business services provider's stock valued at $432,000 after purchasing an additional 60 shares during the period. SG Americas Securities LLC lifted its stake in FactSet Research Systems by 49.5% in the 2nd quarter. SG Americas Securities LLC now owns 8,857 shares of the business services provider's stock valued at $3,616,000 after purchasing an additional 2,934 shares during the last quarter. Finally, JGP Wealth Management LLC grew its holdings in FactSet Research Systems by 2.0% during the second quarter. JGP Wealth Management LLC now owns 20,334 shares of the business services provider's stock worth $8,302,000 after purchasing an additional 394 shares during the period. 91.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on FDS. BMO Capital Markets upped their price objective on FactSet Research Systems from $471.00 to $521.00 and gave the company a "market perform" rating in a research note on Friday, November 15th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $503.00 price objective on shares of FactSet Research Systems in a research report on Friday, November 15th. UBS Group upped their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a "neutral" rating in a report on Friday, November 15th. Stifel Nicolaus raised their target price on shares of 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, Evercore ISI assumed coverage on shares of FactSet Research Systems in a research note on Wednesday, October 2nd. They issued an "inline" rating and a $470.00 price target on the stock. Five investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $450.00.

Insider Buying and Selling at FactSet Research Systems

In other news, insider John Costigan sold 1,622 shares of the business's stock in a transaction on Monday, November 11th. The stock was 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 of the company's stock, valued at approximately $143,819. The trade was a 84.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Frederick Philip Snow sold 3,000 shares of the firm's stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 12,987 shares in the company, valued at $5,910,253.83. This trade represents a 18.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,984 shares of company stock valued at $10,981,107 in the last ninety days. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Stock Performance

Shares of FDS traded up $1.60 during mid-day trading on Friday, hitting $479.97. 203,362 shares of the company's stock were exchanged, compared to its average volume of 260,551. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The stock's 50-day simple moving average is $471.20 and its 200-day simple moving average is $438.53. The firm has a market cap of $18.23 billion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 3.12 and a beta of 0.76.

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

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be paid a dividend of $1.04 per share. The ex-dividend date is Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.87%. FactSet Research Systems's payout ratio is 29.93%.

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.