773 Shares in FactSet Research Systems Inc. (NYSE:FDS) Acquired by Versor Investments LP

Versor Investments LP bought a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 773 shares of the business services provider’s stock, valued at approximately $371,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Catalyst Capital Advisors LLC purchased a new stake in shares of FactSet Research Systems during the 3rd quarter valued at approximately $26,000. Capital Performance Advisors LLP acquired a new stake in FactSet Research Systems during the third quarter worth $34,000. Brooklyn Investment Group purchased a new stake in FactSet Research Systems in the third quarter valued at $35,000. Allworth Financial LP lifted its stake in shares of FactSet Research Systems by 19.1% in the 4th 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 during the last quarter. Finally, Coastline Trust Co purchased a new position in shares of FactSet Research Systems during the 3rd quarter worth $78,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Trading Up 1.6 %

FDS opened at $461.93 on Monday. 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 stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 2.93 and a beta of 0.77. The business has a fifty day moving average price of $466.78 and a 200 day moving average price of $462.23. 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 announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. During the same period last year, the business earned $4.12 EPS. The company’s revenue was up 4.9% on a year-over-year basis. Sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently announced 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 0.90%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s payout ratio is 29.82%.

Analyst Ratings Changes

Several brokerages recently issued reports on FDS. Wells Fargo & Company reduced their price objective on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. BMO Capital Markets decreased 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 report on Monday, December 23rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday, December 20th. Morgan Stanley boosted 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. Finally, Stifel Nicolaus raised 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. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $453.23.

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.