3 days Ago By ABMN Staff
Schroder Investment Management Group lowered its holdings in shares of FactSet Research Systems Inc. ( NYSE:FDS – Free Report ) by 11.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 2,561 shares of the business services provider’s stock after selling 316 shares during the period. Schroder Investment Management Group’s holdings in FactSet Research Systems were worth $1,236,000 as of its most recent SEC filing. A number of other institutional investors also recently added to or reduced their stakes in FDS.
Raymond James Financial Inc. acquired a new position in shares of FactSet Research Systems during the fourth quarter valued at $69,128,000. Wealthfront Advisers LLC raised its position in shares of FactSet Research Systems by 4,104.
5% during the 4th quarter. Wealthfront Advisers LLC now owns 76,438 shares of the business services provider’s stock worth $36,712,000 after buying an additional 74,620 shares in the last quarter. Nordea Investment Management AB raised its position in shares of FactSet Research Systems by 21.
0% during the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after buying an additional 59,173 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter worth approximately $26,338,000.
Finally, JPMorgan Chase & Co. boosted its holdings in shares of 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 acquiring an additional 52,741 shares in the last quarter. Institutional investors and hedge funds own 91.
24% of the company’s stock. Analyst Ratings Changes Several brokerages recently commented on FDS. Morgan Stanley cut their target price on FactSet Research Systems from $409.
00 to $390.00 and set an “underweight” rating for the company in a research report on Friday, March 21st. BMO Capital Markets decreased their target price on FactSet Research Systems from $498.
00 to $466.00 and set a “market perform” rating for the company in a research note on Monday, March 24th. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $469.
00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Wells Fargo & Company lowered shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $450.
00 to $402.00 in a research report on Friday, March 21st. Finally, UBS Group dropped their target price on shares of FactSet Research Systems from $525.
00 to $480.00 and set a “neutral” rating on the stock in a report on Friday, March 21st. Five investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock.
According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $436.27.
Insider Activity at FactSet Research Systems In other news, CAO Gregory T. Moskoff sold 363 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $433.
73, for a total transaction of $157,443.99. Following the transaction, the chief accounting officer now owns 44 shares in the company, valued at $19,084.
12. This represents a 89.19 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Insiders own 1.10% of the company’s stock.
FactSet Research Systems Trading Down 5.0 % Shares of NYSE:FDS opened at $415.36 on Monday.
The firm has a fifty day moving average of $451.88 and a two-hundred day moving average of $464.94.
The company has a quick ratio of 1.39, a current 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 firm has a market capitalization of $15.
80 billion, a P/E ratio of 29.77, a price-to-earnings-growth ratio of 2.93 and a beta of 0.
82. FactSet Research Systems ( NYSE:FDS – Get Free Report ) last released its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.
28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11.
FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%.
The firm had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million.
During the same quarter last year, the firm earned $4.22 earnings per share. The business’s revenue for the quarter was up 4.
5% on a year-over-year basis. On average, equities analysts expect that FactSet Research Systems Inc. will post 17.
21 EPS for the current fiscal year. FactSet Research Systems Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were issued a $1.
04 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.
16 dividend on an annualized basis and a yield of 1.00%. FactSet Research Systems’s dividend payout ratio is currently 29.
59%. FactSet Research Systems Company 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.
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