FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by D.B. Root & Company LLC

D.B. Root & Company LLC trimmed its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,172 shares of the business services provider’s stock after selling 95 shares during the quarter. D.B. Root & Company LLC’s holdings in FactSet Research Systems were worth $1,043,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Raymond James Trust N.A. grew its stake 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 in the last quarter. Andina Capital Management LLC raised its stake in shares of FactSet Research Systems by 3.8% during the third quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock valued at $329,000 after purchasing an additional 26 shares in the last quarter. Wallace Advisory Group LLC lifted its holdings in FactSet Research Systems by 4.2% in the fourth quarter. Wallace Advisory Group LLC now owns 894 shares of the business services provider’s stock worth $411,000 after purchasing an additional 36 shares during the period. Mitchell & Pahl Private Wealth LLC grew its position in FactSet Research Systems by 2.0% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 1,861 shares of the business services provider’s stock valued at $856,000 after buying an additional 37 shares in the last quarter. Finally, Haverford Trust Co grew its position in FactSet Research Systems by 4.5% in the 3rd quarter. Haverford Trust Co now owns 852 shares of the business services provider’s stock valued at $392,000 after buying an additional 37 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FDS has been the subject of a number of research analyst reports. UBS Group upped their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and cut their target price for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. 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. Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 20th. Finally, BMO Capital Markets decreased their target price on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Hold” and an average price target of $453.46.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction on Monday, November 11th. The shares were 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 owns 299 shares of the company’s stock, valued at $143,819. This trade represents a 84.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by insiders.

FactSet Research Systems Trading Down 0.3 %

Shares of FDS opened at $464.54 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87. The stock has a market capitalization of $17.67 billion, a P/E ratio of 33.30, a P/E/G ratio of 2.93 and a beta of 0.76. The business’s 50-day moving average price is $478.75 and its 200 day moving average price is $452.66.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping 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 24.16% and a return on equity of 33.92%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the firm posted $4.12 earnings per share. Analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were issued a $1.04 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.90%. FactSet Research Systems’s payout ratio is currently 29.82%.

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.