Thrivent Financial for Lutherans Sells 147,506 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Thrivent Financial for Lutherans decreased its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 88.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,791 shares of the business services provider's stock after selling 147,506 shares during the quarter. Thrivent Financial for Lutherans owned 0.05% of FactSet Research Systems worth $9,505,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new position in shares of FactSet Research Systems in the third quarter worth about $35,000. Allworth Financial LP lifted its position in shares of FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock valued at $64,000 after acquiring an additional 22 shares in the last quarter. 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. Smartleaf Asset Management LLC grew its position in FactSet Research Systems by 19.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider's stock worth $99,000 after purchasing an additional 33 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in FactSet Research Systems during the 4th quarter valued at $102,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

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Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now owns 44 shares of the company's stock, valued at $19,084.12. This trade represents a 89.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Stock Up 0.3 %

Shares of FDS stock traded up $1.50 on Wednesday, hitting $440.90. The company's stock had a trading volume of 244,284 shares, compared to its average volume of 271,532. 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 stock has a market capitalization of $16.77 billion, a price-to-earnings ratio of 31.61, a P/E/G ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a fifty-two week low of $391.84 and a fifty-two week high of $499.87. The firm's fifty day moving average price is $454.78 and its 200-day moving average price is $464.84.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.17 by $0.11. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. During the same quarter in the prior year, the company posted $4.22 EPS. The firm's revenue was up 4.5% on a year-over-year basis. Research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were issued a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems's dividend payout ratio is currently 29.59%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FDS. Stifel Nicolaus lifted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a report on Friday, December 20th. UBS Group lowered their target price on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. BMO Capital Markets reduced their price target on shares of FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating for the company in a research report on Monday. Morgan Stanley lowered their price objective on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research report on Friday, March 21st. Finally, Wells Fargo & Company downgraded shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. Five investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $436.27.

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.