FactSet Research Systems Inc. (NYSE:FDS) is Saybrook Capital NC’s 5th Largest Position

Saybrook Capital NC raised its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,762 shares of the business services provider’s stock after buying an additional 457 shares during the quarter. FactSet Research Systems comprises 6.3% of Saybrook Capital NC’s portfolio, making the stock its 5th largest position. Saybrook Capital NC owned approximately 0.13% of FactSet Research Systems worth $23,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FDS. Everence Capital Management Inc. acquired a new stake in shares of FactSet Research Systems during the 4th quarter worth approximately $413,000. Geode Capital Management LLC raised its position in shares of FactSet Research Systems by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after purchasing an additional 8,376 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of FactSet Research Systems by 52.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider’s stock worth $2,003,000 after purchasing an additional 1,436 shares during the period. Natixis Advisors LLC raised its position in shares of FactSet Research Systems by 1.1% during the 3rd quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider’s stock worth $55,621,000 after purchasing an additional 1,260 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of FactSet Research Systems by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after purchasing an additional 59,173 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Ratings Changes

FDS has been the topic of a number of research reports. Stifel Nicolaus increased their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Wells Fargo & Company lowered their target price on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Friday. Morgan Stanley raised their target price 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. Royal Bank of Canada restated 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. Finally, UBS Group raised their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $449.38.

FactSet Research Systems Stock Performance

Shares of NYSE FDS opened at $440.67 on Friday. The stock has a fifty day moving average price of $462.37 and a two-hundred day moving average price of $463.08. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $16.76 billion, a P/E ratio of 31.59, a PEG 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.

FactSet Research Systems (NYSE:FDS) 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 during the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $4.12 EPS. Research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.04 per share. 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 is presently 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.