FactSet Research Systems Inc. (NYSE:FDS) Holdings Decreased by SG Americas Securities LLC

SG Americas Securities LLC reduced its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 70.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,063 shares of the business services provider's stock after selling 2,532 shares during the quarter. SG Americas Securities LLC's holdings in FactSet Research Systems were worth $511,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the business. Catalyst Capital Advisors LLC acquired a new stake in FactSet Research Systems in the 3rd quarter valued at about $26,000. Capital Performance Advisors LLP bought a new stake in shares of FactSet Research Systems in the 3rd quarter valued at $34,000. Brooklyn Investment Group bought a new stake in shares of FactSet Research Systems in the third quarter worth about $35,000. Exchange Traded Concepts LLC lifted its stake in FactSet Research Systems by 581.8% in the third 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 in the last quarter. Finally, Continuum Advisory LLC boosted its stake in FactSet Research Systems by 5,200.0% in the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider's stock worth $79,000 after purchasing an additional 156 shares during the period. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of FDS traded up $1.76 during mid-day trading on Wednesday, hitting $468.60. 178,581 shares of the company traded hands, compared to its average volume of 334,260. The stock has a 50-day moving average price of $475.28 and a two-hundred day moving average price of $455.71. 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 stock has a market cap of $17.82 billion, a price-to-earnings ratio of 33.59, a P/E/G ratio of 2.98 and a beta of 0.77. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87.

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

FactSet Research Systems Dividend Announcement

The business also recently declared 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. This represents a $4.16 annualized dividend and a yield of 0.89%. The ex-dividend date is Friday, February 28th. FactSet Research Systems's dividend payout ratio is currently 29.82%.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction dated 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 sale, the insider now directly owns 299 shares in the company, valued at $143,819. This trade 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 is available at the SEC website. Corporate insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Redburn Atlantic lowered shares of FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their price target for the company from $420.00 to $380.00 in a research note on Wednesday, October 9th. UBS Group boosted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 20th. Stifel Nicolaus raised their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a report on Friday, December 20th. Finally, BMO Capital Markets lowered their target price on FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating for the company in a research note on Monday, December 23rd. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company's stock. According to MarketBeat.com, FactSet Research Systems has an average rating of "Hold" and an average price target of $453.46.

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.