Robeco Institutional Asset Management B.V. Decreases Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Robeco Institutional Asset Management B.V. decreased its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,583 shares of the business services provider’s stock after selling 97 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in FactSet Research Systems were worth $2,567,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FDS. UMB Bank n.a. grew its position in shares of FactSet Research Systems by 144.4% during the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock worth $27,000 after buying an additional 39 shares in the last quarter. Crewe Advisors LLC lifted its stake in FactSet Research Systems by 750.0% in the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock worth $28,000 after acquiring an additional 60 shares during the last quarter. Quest Partners LLC grew its holdings in FactSet Research Systems by 6,700.0% during the 2nd quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock worth $28,000 after acquiring an additional 67 shares in the last quarter. Gladius Capital Management LP purchased a new stake in shares of FactSet Research Systems in the 2nd quarter valued at approximately $33,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of FactSet Research Systems by 300.0% in the 2nd quarter. SJS Investment Consulting Inc. now owns 88 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.8 %

Shares of FactSet Research Systems stock opened at $477.46 on Friday. The company’s fifty day moving average is $455.49 and its two-hundred day moving average is $431.36. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $488.64. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market capitalization of $18.14 billion, a P/E ratio of 34.35, a PEG ratio of 3.16 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The firm had revenue of $562.20 million for the quarter, compared to analysts’ expectations of $547.06 million. During the same quarter in the previous year, the firm posted $2.93 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. Analysts forecast that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a $1.04 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.87%. FactSet Research Systems’s dividend payout ratio (DPR) is 29.93%.

Insider Buying and Selling at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total value of $1,249,770.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,380,259.85. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $5,380,259.85. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Christopher R. Ellis sold 13,952 shares of FactSet Research Systems stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the completion of the sale, the executive vice president now owns 23,515 shares in the company, valued at approximately $10,726,367.25. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,362 shares of company stock valued at $11,450,695. 1.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on FDS shares. Stifel Nicolaus boosted their target price on shares of FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. Royal Bank of Canada upped their price objective on FactSet Research Systems from $464.00 to $503.00 and gave the stock a “sector perform” rating in a research report on Friday, September 20th. UBS Group raised their target price on FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Wells Fargo & Company upped their price target on FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday, September 20th. Finally, Redburn Atlantic cut shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and a consensus price target of $443.57.

FactSet Research Systems Company 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.