Sanctuary Advisors LLC Has $8.07 Million Stake in FactSet Research Systems Inc. (NYSE:FDS)

Sanctuary Advisors LLC cut its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,102 shares of the business services provider's stock after selling 699 shares during the period. Sanctuary Advisors LLC's holdings in FactSet Research Systems were worth $8,074,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. State Street Corp increased its stake in FactSet Research Systems by 2.2% in the 3rd quarter. State Street Corp now owns 1,932,376 shares of the business services provider's stock valued at $888,603,000 after buying an additional 42,303 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of 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 valued at $460,467,000 after acquiring an additional 8,376 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider's stock valued at $226,867,000 after acquiring an additional 52,741 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in FactSet Research Systems by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 373,386 shares of the business services provider's stock worth $171,702,000 after acquiring an additional 4,113 shares in the last quarter. Finally, Nordea Investment Management AB boosted its position in FactSet Research Systems by 21.0% during the fourth 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. Institutional investors own 91.24% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FDS. Stifel Nicolaus boosted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a "hold" rating in a research report on Friday, December 20th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an "underweight" rating in a report on Thursday, December 12th. 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 note on Friday, December 20th. Wells Fargo & Company lowered their price objective on shares of FactSet Research Systems from $503.00 to $500.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 11th. Finally, UBS Group raised their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a "neutral" rating in a research note on Friday, November 15th. Five research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $453.23.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock traded down $5.16 during trading on Friday, reaching $460.98. The company's stock had a trading volume of 48,075 shares, compared to its average volume of 290,247. The firm has a market cap of $17.53 billion, a PE ratio of 33.05, a P/E/G ratio of 2.93 and a beta of 0.77. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The business's 50-day moving average price is $469.87 and its 200-day moving average price is $459.00. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts' consensus estimates of $4.25 by $0.12. The company had revenue of $568.70 million during the quarter, compared to analysts' expectations 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 revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $4.12 EPS. Equities analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm 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 is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.90%. FactSet Research Systems's dividend payout ratio is 29.82%.

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.