Mount Yale Investment Advisors LLC Buys 22 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Mount Yale Investment Advisors LLC lifted its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,572 shares of the business services provider’s stock after acquiring an additional 22 shares during the period. Mount Yale Investment Advisors LLC’s holdings in FactSet Research Systems were worth $755,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDS. Catalyst Capital Advisors LLC acquired a new position in shares of FactSet Research Systems during the 3rd quarter worth about $26,000. Capital Performance Advisors LLP acquired a new position in shares of FactSet Research Systems during the third quarter worth approximately $34,000. Brooklyn Investment Group bought a new stake in shares of FactSet Research Systems in the third quarter valued at approximately $35,000. Quarry LP bought a new position in FactSet Research Systems during the second quarter worth $62,000. Finally, Exchange Traded Concepts LLC raised its stake in FactSet Research Systems by 581.8% during 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 during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FDS. Evercore ISI began coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 price objective on the stock. BMO Capital Markets reduced their price objective on 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. Stifel Nicolaus upped their target price on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Redburn Atlantic cut FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. Finally, UBS Group boosted their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $453.46.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now directly owns 299 shares in the company, valued at approximately $143,819. This trade represents a 84.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Stock Down 1.1 %

Shares of FDS opened at $470.27 on Wednesday. The company has a market capitalization of $17.88 billion, a P/E ratio of 33.71, a PEG ratio of 2.92 and a beta of 0.76. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The business’s 50 day simple moving average is $477.33 and its 200-day simple moving average is $454.36. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, topping 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 analysts’ expectations of $565.14 million. During the same quarter in the prior year, the business earned $4.12 earnings per share. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, sell-side analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were paid a dividend of $1.04 per share. The ex-dividend date was Friday, November 29th. This represents a $4.16 annualized dividend and a dividend yield of 0.88%. FactSet Research Systems’s dividend payout ratio (DPR) 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.