United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes $720,000 Position in FactSet Research Systems Inc. (NYSE:FDS)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,500 shares of the business services provider's stock, valued at approximately $720,000.

A number of other hedge funds also recently modified their holdings of FDS. Raymond James Trust N.A. increased its position in 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 buying an additional 21 shares during the last quarter. Mount Yale Investment Advisors LLC grew its stake in shares of FactSet Research Systems by 1.4% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider's stock worth $755,000 after acquiring an additional 22 shares during the period. Allworth Financial LP raised its stake in 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 during the period. Private Trust Co. NA lifted its holdings in FactSet Research Systems by 8.2% during the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock valued at $140,000 after purchasing an additional 22 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in FactSet Research Systems by 2.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 1,214 shares of the business services provider's stock worth $583,000 after purchasing an additional 24 shares during the period. Institutional investors own 91.24% of the company's stock.

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FactSet Research Systems Price Performance

Shares of NYSE FDS traded down $0.08 during midday trading on Friday, hitting $449.16. 312,787 shares of the company's stock were exchanged, compared to its average volume of 279,919. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The business's fifty day moving average price is $454.05 and its two-hundred day moving average price is $464.88. The company has a market cap of $17.08 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87.

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 EPS for the quarter, topping analysts' consensus estimates of $4.17 by $0.11. The business had revenue of $570.70 million during the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.22 EPS. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal 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. The ex-dividend date was Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.93%. FactSet Research Systems's dividend payout ratio is 29.59%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on FDS shares. Royal Bank of Canada restated a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a research note on Monday, March 10th. Morgan Stanley dropped their target price on 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. Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and reduced their price target for the company from $450.00 to $402.00 in a research report on Friday, March 21st. UBS Group cut their target price on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research note on Friday, March 21st. Finally, Stifel Nicolaus lifted their target price on FactSet Research Systems from $469.00 to $493.00 and gave the company a "hold" rating in a report on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $436.27.

Insider Buying and Selling

In other news, CAO Gregory T. Moskoff sold 363 shares of the business's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $433.73, for a total value of $157,443.99. Following the completion of the sale, the chief accounting officer now directly owns 44 shares in the company, valued at approximately $19,084.12. The trade was a 89.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

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.