Thurston Springer Miller Herd & Titak Inc. Buys 1,436 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Thurston Springer Miller Herd & Titak Inc. lifted its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 52.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,171 shares of the business services provider's stock after acquiring an additional 1,436 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.'s holdings in FactSet Research Systems were worth $2,003,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in FDS. Raymond James Trust N.A. boosted its position in shares of FactSet Research Systems by 2.3% in the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider's stock worth $436,000 after purchasing an additional 21 shares during the period. Andina Capital Management LLC lifted its stake in shares of FactSet Research Systems by 3.8% during the 3rd quarter. Andina Capital Management LLC now owns 715 shares of the business services provider's stock valued at $329,000 after buying an additional 26 shares in the last quarter. Argent Trust Co boosted its holdings in FactSet Research Systems by 2.1% in the 2nd quarter. Argent Trust Co now owns 1,312 shares of the business services provider's stock worth $536,000 after buying an additional 27 shares during the period. Legacy Financial Advisors Inc. increased its stake in FactSet Research Systems by 4.0% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 834 shares of the business services provider's stock worth $341,000 after buying an additional 32 shares in the last quarter. Finally, Wallace Advisory Group LLC raised its holdings in FactSet Research Systems by 4.2% during the fourth quarter. Wallace Advisory Group LLC now owns 894 shares of the business services provider's stock valued at $411,000 after acquiring an additional 36 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FDS. UBS Group increased their target price on FactSet Research Systems from $485.00 to $525.00 and gave the stock a "neutral" rating in a research report on Friday, November 15th. BMO Capital Markets reduced their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating on the stock in a research report on Monday, December 23rd. Wells Fargo & Company upped their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an "equal weight" rating in a research report on Friday, September 20th. 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. Finally, Morgan Stanley increased their price target on FactSet Research Systems from $373.00 to $409.00 and gave the company an "underweight" rating in a research note on Thursday, December 12th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, FactSet Research Systems has an average rating of "Hold" and a consensus target price of $453.46.

Insider Buying and Selling at FactSet Research Systems

In other news, insider John Costigan sold 1,622 shares of FactSet Research Systems 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 sale, the insider now directly owns 299 shares in the company, valued at approximately $143,819. This trade represents a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.10% of the company's stock.

FactSet Research Systems Trading Down 0.1 %

Shares of NYSE FDS traded down $0.28 during trading hours on Wednesday, hitting $453.89. 477,907 shares of the company traded hands, compared to its average volume of 296,089. The stock has a market capitalization of $17.26 billion, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of 3.14 and a beta of 0.76. The company's 50 day moving average price is $481.11 and its 200 day moving average price is $451.02. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, beating the consensus estimate of $4.25 by $0.12. The business had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.12 earnings per share. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.2 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.92%. The ex-dividend date was Friday, November 29th. FactSet Research Systems's payout ratio is currently 29.82%.

FactSet Research Systems 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.