FactSet Research Systems Inc. (NYSE:FDS) Shares Purchased by Everett Harris & Co. CA

Everett Harris & Co. CA boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 149,839 shares of the business services provider’s stock after purchasing an additional 1,308 shares during the period. FactSet Research Systems makes up approximately 0.9% of Everett Harris & Co. CA’s portfolio, making the stock its 24th biggest holding. Everett Harris & Co. CA’s holdings in FactSet Research Systems were worth $71,965,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC purchased a new position in shares of FactSet Research Systems during the 3rd quarter valued at approximately $26,000. Capital Performance Advisors LLP acquired a new position in shares of FactSet Research Systems in the third quarter worth about $34,000. Brooklyn Investment Group purchased a new stake in shares of FactSet Research Systems during the 3rd quarter worth about $35,000. Quarry LP acquired a new stake in shares of FactSet Research Systems during the 2nd quarter valued at about $62,000. Finally, Exchange Traded Concepts LLC increased its stake in shares of FactSet Research Systems by 581.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 128 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the transaction, the insider now directly owns 299 shares of the company’s stock, valued at $143,819. The trade was a 84.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

FDS has been the topic of several research analyst reports. BMO Capital Markets dropped their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Redburn Atlantic cut shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. Stifel Nicolaus raised their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Finally, UBS Group boosted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $453.46.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $473.26 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $18.00 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 2.92 and a beta of 0.76. The firm’s 50-day moving average is $476.59 and its two-hundred day moving average is $454.87. 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) last released its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $4.12 earnings per share. Analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were given 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 yield of 0.88%. FactSet Research Systems’s payout ratio is currently 29.82%.

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.