FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Great Lakes Advisors LLC

Great Lakes Advisors LLC increased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,522 shares of the business services provider’s stock after acquiring an additional 121 shares during the quarter. Great Lakes Advisors LLC’s holdings in FactSet Research Systems were worth $4,093,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Raymond James Trust N.A. grew its holdings in shares of FactSet Research Systems by 2.3% in the 3rd quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock worth $436,000 after acquiring an additional 21 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its holdings in shares of FactSet Research Systems by 1.4% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock valued at $755,000 after purchasing an additional 22 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of FactSet Research Systems by 19.1% in the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 22 shares in the last quarter. Private Trust Co. NA boosted its position in shares of FactSet Research Systems by 8.2% in the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock worth $140,000 after buying an additional 22 shares during the period. Finally, Cerro Pacific Wealth Advisors LLC grew its holdings in shares of FactSet Research Systems by 1.4% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after buying an additional 25 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Up 2.1 %

FDS opened at $436.64 on Friday. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. 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 business has a 50 day moving average price of $457.83 and a 200 day moving average price of $463.53. The firm has a market cap of $16.61 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same quarter last year, the company posted $4.12 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.95%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on FDS shares. 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 Monday, March 10th. Morgan Stanley increased their price target on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. UBS Group raised their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. 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 on the stock in a research note on Monday, December 23rd. Finally, Stifel Nicolaus lifted their target price 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. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $449.38.

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.