Banco Santander S.A. raised its stake in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 20.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,026 shares of the business services provider’s stock after acquiring an additional 1,536 shares during the quarter. Banco Santander S.A.’s holdings in FactSet Research Systems were worth $4,335,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in FDS. Capital Performance Advisors LLP acquired a new position in FactSet Research Systems in the third quarter valued at about $34,000. Brooklyn Investment Group acquired a new position in shares of FactSet Research Systems in the 3rd quarter worth approximately $35,000. Allworth Financial LP grew its position in 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 last quarter. Coastline Trust Co acquired a new stake in FactSet Research Systems during the 3rd quarter valued at $78,000. Finally, Continuum Advisory LLC raised its position in FactSet Research Systems by 5,200.0% in the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after purchasing an additional 156 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Stifel Nicolaus lifted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. UBS Group boosted their target price 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. Wells Fargo & Company decreased their price target on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Friday. BMO Capital Markets dropped their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Finally, Morgan Stanley increased their price objective on 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 research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $449.38.
FactSet Research Systems Price Performance
Shares of FDS opened at $440.67 on Friday. The stock has a market cap of $16.76 billion, a P/E ratio of 31.59, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The stock’s 50-day moving average price is $462.37 and its two-hundred day moving average price is $463.08. 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 (NYSE:FDS – Get Free Report) last released its quarterly earnings data 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 analyst estimates of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. FactSet Research Systems’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm earned $4.12 EPS. On average, equities analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.
FactSet Research Systems Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 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.
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