2 weeks Ago By Defense World Staff
Earnest Partners LLC trimmed its stake in FactSet Research Systems Inc. ( NYSE:FDS – Free Report ) by 7.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 68,733 shares of the business services provider’s stock after selling 5,571 shares during the period. Earnest Partners LLC owned about 0.18% of FactSet Research Systems worth $28,062,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. SteelPeak Wealth LLC boosted its position in FactSet Research Systems by 134.1% during the second quarter.
SteelPeak Wealth LLC now owns 2,629 shares of the business services provider’s stock valued at $1,073,000 after acquiring an additional 1,506 shares during the last quarter. Bell Asset Management Ltd bought a new stake in FactSet Research Systems during the fourth quarter valued at $6,756,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in FactSet Research Systems by 3.
1% during the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 45,949 shares of the business services provider’s stock valued at $20,321,000 after acquiring an additional 1,389 shares during the last quarter. Cetera Investment Advisers boosted its position in FactSet Research Systems by 214.
5% during the first quarter. Cetera Investment Advisers now owns 5,400 shares of the business services provider’s stock valued at $2,454,000 after acquiring an additional 3,683 shares during the last quarter. Finally, Illinois Municipal Retirement Fund boosted its position in FactSet Research Systems by 22.
5% during the first quarter. Illinois Municipal Retirement Fund now owns 15,896 shares of the business services provider’s stock valued at $7,223,000 after acquiring an additional 2,920 shares during the last quarter. 91.
24% of the stock is currently owned by institutional investors and hedge funds. FactSet Research Systems Trading Down 0.5 % NYSE:FDS opened at $455.
67 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.
79 and a current ratio of 1.25. The firm has a market cap of $17.
33 billion, a price-to-earnings ratio of 34.36, a price-to-earnings-growth ratio of 3.11 and a beta of 0.
75. FactSet Research Systems Inc. has a 52 week low of $391.
84 and a 52 week high of $488.64. The firm has a 50-day moving average price of $423.
72 and a two-hundred day moving average price of $428.46. FactSet Research Systems Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th.
Shareholders of record on Friday, August 30th were paid a $1.04 dividend. The ex-dividend date was Friday, August 30th.
This represents a $4.16 annualized dividend and a yield of 0.91%.
FactSet Research Systems’s dividend payout ratio (DPR) is 31.37%. Insider Buying and Selling at FactSet Research Systems In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction dated Thursday, August 1st.
The shares were sold at an average price of $412.75, for a total value of $1,238,250.00.
Following the completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,330,666.25. The transaction was disclosed in a document filed with the SEC, which is available at this link .
In the last 90 days, insiders sold 9,000 shares of company stock worth $3,714,960. Insiders own 1.00% of the company’s stock.
Analysts Set New Price Targets A number of analysts have commented on FDS shares. Morgan Stanley upped their price target on shares of FactSet Research Systems from $350.00 to $355.
00 and gave the company an “underweight” rating in a research report on Monday, June 24th. Bank of America cut shares of FactSet Research Systems from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $500.00 to $407.
00 in a research report on Thursday, May 30th. Royal Bank of Canada increased their price objective on shares of 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. Jefferies Financial Group cut their price objective on shares of FactSet Research Systems from $455.00 to $378.
00 and set a “hold” rating on the stock in a research report on Wednesday, June 5th. Finally, Stifel Nicolaus increased their price objective on shares of FactSet Research Systems from $451.00 to $469.
00 and gave the stock a “hold” rating in a research report on Friday, September 20th. Four analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. According to data from MarketBeat.
com, the company currently has an average rating of “Hold” and an average price target of $446.67. View Our Latest Report on FactSet Research Systems FactSet Research Systems Profile ( Free Report ) 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. Featured Articles Five stocks we like better than FactSet Research Systems The Top 3 Healthcare Dividend Stocks to Buy and Hold Rocket Lab Stock Soars: Should Investors Chase the Rally? Best ESG Stocks: 11 Best Stocks for ESG Investing KB Home Slips After Earnings: What’s Next for Homebuilders? 3 Grocery Stocks That Are Proving They Are Still Essential Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc.
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