Stifel Financial Corp Has $21.04 Million Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Stifel Financial Corp lifted its position in FactSet Research Systems Inc. (NYSE:FDS) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,037 shares of the business services provider’s stock after purchasing an additional 2,197 shares during the quarter. Stifel Financial Corp’s holdings in FactSet Research Systems were worth $21,035,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FDS. TD Asset Management Inc lifted its holdings in shares of FactSet Research Systems by 0.7% during the 4th quarter. TD Asset Management Inc now owns 21,424 shares of the business services provider’s stock worth $10,220,000 after acquiring an additional 150 shares during the period. Steward Partners Investment Advisory LLC raised its position in FactSet Research Systems by 1.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,593 shares of the business services provider’s stock worth $3,622,000 after purchasing an additional 121 shares in the last quarter. Parallel Advisors LLC boosted its holdings in FactSet Research Systems by 25.1% during the fourth quarter. Parallel Advisors LLC now owns 399 shares of the business services provider’s stock valued at $190,000 after purchasing an additional 80 shares in the last quarter. Hsbc Holdings PLC grew its position in FactSet Research Systems by 15.7% in the fourth quarter. Hsbc Holdings PLC now owns 79,401 shares of the business services provider’s stock valued at $37,854,000 after acquiring an additional 10,763 shares during the period. Finally, Intech Investment Management LLC raised its stake in FactSet Research Systems by 43.8% during the fourth quarter. Intech Investment Management LLC now owns 15,467 shares of the business services provider’s stock worth $7,379,000 after acquiring an additional 4,713 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analysts Set New Price Targets

FDS has been the topic of several analyst reports. Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Wolfe Research assumed coverage on FactSet Research Systems in a research report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 price objective for the company. The Goldman Sachs Group raised their target price on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research note on Friday, March 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $464.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Stifel Nicolaus restated a “hold” rating and issued a $469.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Four analysts have rated the stock with a sell rating and seven have given a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Hold” and an average price target of $437.67.

Insider Transactions at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at $5,838,871.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CAO Gregory T. Moskoff sold 330 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $419.50, for a total value of $138,435.00. Following the completion of the transaction, the chief accounting officer now owns 72 shares in the company, valued at $30,204. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,838,871.50. The disclosure for this sale can be found here. Insiders sold a total of 20,987 shares of company stock worth $9,083,347 in the last quarter. 1.00% of the stock is owned by company insiders.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $404.26 on Monday. The stock has a 50-day moving average price of $433.71 and a 200 day moving average price of $453.52. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. The firm has a market cap of $15.41 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 2.64 and a beta of 0.74. FactSet Research Systems Inc. has a 12 month low of $380.96 and a 12 month high of $488.64.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The company had revenue of $545.95 million during the quarter, compared to analysts’ expectations of $547.93 million. Research analysts expect that FactSet Research Systems Inc. will post 15.81 EPS for the current year.

FactSet Research Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Friday, May 31st will be given a dividend of $1.04 per share. This is a boost from FactSet Research Systems’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, May 31st. This represents a $4.16 annualized dividend and a dividend yield of 1.03%. FactSet Research Systems’s payout ratio is currently 32.94%.

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.