FactSet Research Systems Inc. (NYSE:FDS) Shares Bought by Everpar Advisors LLC

Everpar Advisors LLC grew its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 13.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 846 shares of the business services provider’s stock after purchasing an additional 98 shares during the period. Everpar Advisors LLC’s holdings in FactSet Research Systems were worth $345,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Gladius Capital Management LP purchased a new stake in shares of FactSet Research Systems in the second quarter valued at $33,000. Blue Trust Inc. increased its stake in shares of FactSet Research Systems by 69.5% in the second quarter. Blue Trust Inc. now owns 139 shares of the business services provider’s stock worth $57,000 after acquiring an additional 57 shares during the last quarter. Outlook Wealth Advisors LLC increased its stake in shares of FactSet Research Systems by 25.1% in the second quarter. Outlook Wealth Advisors LLC now owns 717 shares of the business services provider’s stock worth $293,000 after acquiring an additional 144 shares during the last quarter. JLB & Associates Inc. increased its stake in shares of FactSet Research Systems by 0.9% in the second quarter. JLB & Associates Inc. now owns 10,776 shares of the business services provider’s stock worth $4,400,000 after acquiring an additional 101 shares during the last quarter. Finally, Naples Global Advisors LLC increased its stake in shares of FactSet Research Systems by 26.5% in the second quarter. Naples Global Advisors LLC now owns 3,870 shares of the business services provider’s stock worth $1,580,000 after acquiring an additional 810 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock traded up $2.15 during trading on Friday, reaching $410.87. The company’s stock had a trading volume of 192,760 shares, compared to its average volume of 257,705. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.79 and a current ratio of 1.28. The business’s fifty day moving average price is $413.52 and its 200-day moving average price is $434.93. The firm has a market cap of $15.63 billion, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 2.44 and a beta of 0.75. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $488.64.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Friday, June 21st. The business services provider reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $3.91 by $0.46. The business had revenue of $552.70 million for the quarter, compared to analyst estimates of $552.71 million. FactSet Research Systems had a return on equity of 34.48% and a net margin of 23.56%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $3.79 earnings per share. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 16.29 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Friday, August 30th will be paid a $1.04 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.01%. FactSet Research Systems’s payout ratio is presently 31.37%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FDS. Morgan Stanley upped their price target on shares of FactSet Research Systems from $350.00 to $355.00 and gave the stock an “underweight” rating in a research note on Monday, June 24th. Bank of America downgraded shares of FactSet Research Systems from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $500.00 to $407.00 in a research note on Thursday, May 30th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $464.00 price target on shares of FactSet Research Systems in a research note on Monday, June 24th. Wells Fargo & Company raised shares of FactSet Research Systems to a “hold” rating in a research report on Tuesday, August 13th. Finally, Jefferies Financial Group lowered their target price on shares of FactSet Research Systems from $455.00 to $378.00 and set a “hold” rating on the stock in a research report on Wednesday, June 5th. Four equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Based on data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and an average price target of $432.27.

Insider Transactions at FactSet Research Systems

In related news, Director Robin Ann Abrams sold 2,375 shares of the business’s stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of $420.71, for a total transaction of $999,186.25. Following the transaction, the director now directly owns 9,193 shares in the company, valued at $3,867,587.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $412.75, for a total transaction of $1,238,250.00. Following the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,330,666.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robin Ann Abrams sold 2,375 shares of the business’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $420.71, for a total value of $999,186.25. Following the transaction, the director now owns 9,193 shares in the company, valued at $3,867,587.03. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,432 shares of company stock worth $5,117,216. Company insiders own 1.00% of the company’s stock.

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.