Orion Portfolio Solutions LLC Cuts Stake in FactSet Research Systems Inc. (NYSE:FDS)

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Orion Portfolio Solutions LLC cut its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 724 shares of the business services provider’s stock after selling 49 shares during the quarter. Orion [...]

Orion Portfolio Solutions LLC cut its holdings in shares of FactSet Research Systems Inc. ( NYSE:FDS – Free Report ) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC.

The institutional investor owned 724 shares of the business services provider’s stock after selling 49 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in FactSet Research Systems were worth $348,000 at the end of the most recent quarter. Other hedge funds have also recently made changes to their positions in the company.



Geode Capital Management LLC lifted its stake in shares of FactSet Research Systems by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock valued at $460,467,000 after acquiring an additional 8,376 shares during the last quarter.

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in FactSet Research Systems by 3.

4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd.

now owns 505,587 shares of the business services provider’s stock worth $240,184,000 after purchasing an additional 16,522 shares during the period. JPMorgan Chase & Co. lifted its position in FactSet Research Systems by 1.

6% in the fourth quarter. JPMorgan Chase & Co. now owns 501,068 shares of the business services provider’s stock valued at $240,653,000 after purchasing an additional 7,718 shares during the last quarter.

Charles Schwab Investment Management Inc. boosted its stake in shares of FactSet Research Systems by 2.4% during the fourth quarter.

Charles Schwab Investment Management Inc. now owns 382,434 shares of the business services provider’s stock valued at $183,675,000 after purchasing an additional 9,048 shares during the period. Finally, Nordea Investment Management AB grew its holdings in shares of FactSet Research Systems by 21.

0% in 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 last quarter. 91.

24% of the stock is currently owned by institutional investors. FactSet Research Systems Stock Down 1.8 % Shares of NYSE FDS opened at $398.

38 on Wednesday. FactSet Research Systems Inc. has a 1 year low of $391.

84 and a 1 year high of $499.87. The firm has a 50-day simple moving average of $447.

72 and a two-hundred day simple moving average of $463.55. The company has a market cap of $15.

15 billion, a P/E ratio of 28.56, a PEG ratio of 2.93 and a beta of 0.

82. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.

39 and a quick ratio of 1.39. FactSet Research Systems Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th.

Stockholders of record on Friday, February 28th were issued a dividend of $1.04 per share. The ex-dividend date was Friday, February 28th.

This represents a $4.16 annualized dividend and a dividend yield of 1.04%.

FactSet Research Systems’s dividend payout ratio is presently 29.59%. Insider Transactions at FactSet Research Systems In other FactSet Research Systems news, CAO Gregory T.

Moskoff sold 363 shares of the company’s stock in a transaction that occurred 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 approximately $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 the SEC website .

Insiders own 1.10% of the company’s stock. Wall Street Analysts Forecast Growth FDS has been the topic of several recent analyst reports.

Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Wells Fargo & Company lowered FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $450.

00 to $402.00 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 report on Monday, March 24th. Stifel Nicolaus lifted their price target on shares of FactSet Research Systems from $469.

00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Finally, Morgan Stanley decreased their price objective on shares of FactSet Research Systems from $409.

00 to $390.00 and set an “underweight” rating for the company in a report on Friday, March 21st. Five equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company.

According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and an average target price of $436.27.

Read Our Latest Research 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. Recommended Stories 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. ( NYSE:FDS – Free Report ). Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.

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