Venturi Wealth Management LLC Grows Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Venturi Wealth Management LLC boosted its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 21.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,780 shares of the business services provider's stock after buying an additional 663 shares during the period. Venturi Wealth Management LLC's holdings in FactSet Research Systems were worth $1,815,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Catalyst Capital Advisors LLC bought 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 during the 3rd quarter worth approximately $34,000. Brooklyn Investment Group bought a new stake in shares of FactSet Research Systems during the 3rd quarter worth approximately $35,000. Allworth Financial LP lifted its holdings in shares of FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock worth $64,000 after acquiring an additional 22 shares during the period. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of FactSet Research Systems by 581.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider's stock worth $69,000 after acquiring an additional 128 shares during the period. Institutional investors and hedge funds own 91.24% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FDS. Wells Fargo & Company cut their price target on shares of FactSet Research Systems from $503.00 to $500.00 and set an "equal weight" rating for the company in a report on Tuesday, February 11th. Stifel Nicolaus upped their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a "hold" rating in a report on Friday, December 20th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a report on Friday, December 20th. BMO Capital Markets cut their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a "market perform" rating for the company in a report on Monday, December 23rd. Finally, Morgan Stanley raised their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an "underweight" rating in a research report on Thursday, December 12th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $453.23.

FactSet Research Systems Trading Down 0.9 %

Shares of FDS stock traded down $4.03 during trading hours on Friday, hitting $462.10. 161,605 shares of the company's stock traded hands, compared to its average volume of 293,783. The stock's 50 day simple moving average is $469.87 and its 200 day simple moving average is $459.00. The stock has a market cap of $17.57 billion, a PE ratio of 33.13, a price-to-earnings-growth 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. The company has a quick ratio of 1.39, a current ratio of 1.39 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, topping analysts' consensus estimates of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. During the same quarter last year, the firm earned $4.12 earnings per share. FactSet Research Systems's quarterly revenue was up 4.9% on a year-over-year basis. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS 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. Shareholders of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.90%. The ex-dividend date is Friday, February 28th. FactSet Research Systems's dividend payout ratio (DPR) 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.