2 weeks Ago By ABMN Staff
Wallace Advisory Group LLC trimmed its holdings in FactSet Research Systems Inc. ( NYSE:FDS – Free Report ) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 866 shares of the business services provider’s stock after selling 34 shares during the period. Wallace Advisory Group LLC’s holdings in FactSet Research Systems were worth $354,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also recently made changes to their positions in the business.
SteelPeak Wealth LLC lifted its position in FactSet Research Systems by 134.1% in the 2nd 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 in the last quarter.
Bell Asset Management Ltd bought a new position in shares of FactSet Research Systems in the fourth quarter valued at approximately $6,756,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in shares of 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 buying an additional 1,389 shares during the last quarter. Cetera Investment Advisers grew its holdings 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 worth $2,454,000 after buying an additional 3,683 shares in the last quarter. Finally, Illinois Municipal Retirement Fund raised its position in FactSet Research Systems by 22.5% in the 1st quarter.
Illinois Municipal Retirement Fund now owns 15,896 shares of the business services provider’s stock valued at $7,223,000 after buying an additional 2,920 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of research firms have issued reports on FDS. Royal Bank of Canada lifted 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 report on Friday, September 20th. Jefferies Financial Group reduced their price objective on shares of FactSet Research Systems from $455.00 to $378.
00 and set a “hold” rating for the company in a research report on Wednesday, June 5th. BMO Capital Markets lifted their target price on shares of FactSet Research Systems from $440.00 to $471.
00 and gave the stock a “market perform” rating in a research report on Friday, September 20th. UBS Group boosted their target price on FactSet Research Systems from $455.00 to $485.
00 and gave the stock a “neutral” rating in a research note on Friday, September 20th. Finally, Stifel Nicolaus increased their price target on FactSet Research Systems from $451.00 to $469.
00 and gave the company a “hold” rating in a research report on Friday, September 20th. Four equities research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $446.
67. FactSet Research Systems Stock Performance Shares of FDS opened at $458.49 on Monday.
The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.
79. The firm has a market cap of $17.44 billion, a PE ratio of 34.
58, a PEG ratio of 3.11 and a beta of 0.75.
FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $488.
64. The stock’s fifty day moving average price is $424.39 and its two-hundred day moving average price is $427.
60. FactSet Research Systems ( NYSE:FDS – Get Free Report ) last announced its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.
74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12.
The business had revenue of $562.20 million for the quarter, compared to analysts’ expectations of $547.06 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 period in the previous year, the business posted $2.
93 EPS. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 17.
16 EPS for the current year. FactSet Research Systems Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Friday, August 30th were issued a $1.
04 dividend. This represents a $4.16 annualized dividend and a yield of 0.
91%. The ex-dividend date was Friday, August 30th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.
37%. Insider Activity at FactSet Research Systems In other FactSet Research Systems news, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction on Thursday, September 26th.
The stock was sold at an average price of $456.15, for a total transaction of $6,364,204.80.
Following the sale, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink .
In other news, EVP Christopher R. Ellis sold 13,952 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $456.
15, for a total value of $6,364,204.80. Following the completion of the transaction, the executive vice president now directly owns 23,515 shares in the company, valued at $10,726,367.
25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Also, Director James J.
Mcgonigle sold 5,410 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $456.83, for a total transaction of $2,471,450.
30. Following the sale, the director now directly owns 5,283 shares in the company, valued at approximately $2,413,432.89.
The disclosure for this sale can be found here . In the last ninety days, insiders sold 25,362 shares of company stock worth $11,323,675. Corporate insiders own 1.
00% of the company’s stock. About FactSet Research Systems ( 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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