Ieq Capital LLC Has $246,000 Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Ieq Capital LLC trimmed its position in FactSet Research Systems Inc. (NYSE:FDS) by 77.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 513 shares of the business services provider’s stock after selling 1,752 shares during the quarter. Ieq Capital LLC’s holdings in FactSet Research Systems were worth $246,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Everence Capital Management Inc. acquired a new stake in shares of FactSet Research Systems during the fourth quarter worth $413,000. Geode Capital Management LLC grew its position in shares of FactSet Research Systems by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after buying an additional 8,376 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of FactSet Research Systems by 52.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider’s stock worth $2,003,000 after buying an additional 1,436 shares during the period. Natixis Advisors LLC grew its position in shares of FactSet Research Systems by 1.1% during the 3rd quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider’s stock worth $55,621,000 after buying an additional 1,260 shares during the period. Finally, Nordea Investment Management AB grew its holdings in 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 valued at $164,653,000 after purchasing an additional 59,173 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 1.6 %

NYSE FDS opened at $461.93 on Friday. The company has a market cap of $17.57 billion, a PE ratio of 33.11, a PEG ratio of 2.93 and a beta of 0.77. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The stock has a 50 day moving average of $466.78 and a 200-day moving average of $461.40.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS 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 firm had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. During the same quarter last year, the company posted $4.12 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a $1.04 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.90%. FactSet Research Systems’s payout ratio is 29.82%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on FDS. Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 price target 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 note on Thursday, December 12th. Wells Fargo & Company decreased their price objective on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. UBS Group upped 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. Finally, BMO Capital Markets reduced their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target 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.