Czech National Bank raised its holdings in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 6.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,237 shares of the business services provider’s stock after buying an additional 488 shares during the quarter. Czech National Bank’s holdings in FactSet Research Systems were worth $3,956,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp lifted its stake in FactSet Research Systems by 2.2% in the third quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock valued at $888,603,000 after buying an additional 42,303 shares during the period. Geode Capital Management LLC lifted its stake in FactSet Research Systems by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock valued at $460,467,000 after buying an additional 8,376 shares during the period. JPMorgan Chase & Co. lifted its stake in FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock valued at $226,867,000 after buying an additional 52,741 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in FactSet Research Systems by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 373,386 shares of the business services provider’s stock valued at $171,702,000 after buying an additional 4,113 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of FactSet Research Systems by 21.0% during the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after purchasing an additional 59,173 shares during the period. 91.24% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have recently weighed in on FDS. Evercore ISI began coverage on FactSet Research Systems in a research report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 target price on the stock. BMO Capital Markets lowered their target price on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock 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 stock a “hold” rating in a research report on Friday, December 20th. Morgan Stanley upped their target price on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Finally, UBS Group upped their price target on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $453.46.
FactSet Research Systems Stock Down 0.1 %
Shares of NYSE:FDS opened at $453.89 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market capitalization of $17.26 billion, a PE ratio of 32.65, a price-to-earnings-growth ratio of 3.14 and a beta of 0.76. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The business has a fifty day moving average price of $481.11 and a two-hundred day moving average price of $451.02.
FactSet Research Systems (NYSE:FDS – Get Free Report) last posted its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.12. The company had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.12 EPS. Analysts forecast that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.
FactSet Research Systems Announces Dividend
The company 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 of this dividend was Friday, November 29th. This represents a $4.16 annualized dividend and a dividend yield of 0.92%. FactSet Research Systems’s payout ratio is 29.82%.
Insider Transactions at FactSet Research Systems
In related news, insider John Costigan sold 1,622 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction of $780,182.00. Following the sale, the insider now owns 299 shares of the company’s stock, valued at approximately $143,819. This represents a 84.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.10% of the stock is owned by corporate insiders.
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.
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