74 Shares in FactSet Research Systems Inc. (NYSE:FDS) Bought by Capital Performance Advisors LLP

Capital Performance Advisors LLP purchased a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 74 shares of the business services provider’s stock, valued at approximately $34,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Catalyst Capital Advisors LLC bought a new stake in FactSet Research Systems during the 3rd quarter valued at approximately $26,000. UMB Bank n.a. grew its stake in shares of FactSet Research Systems by 144.4% in the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock worth $27,000 after acquiring an additional 39 shares during the last quarter. Crewe Advisors LLC increased its position in FactSet Research Systems by 750.0% during the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock worth $28,000 after acquiring an additional 60 shares during the period. Quest Partners LLC raised its stake in FactSet Research Systems by 6,700.0% during the 2nd quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Finally, Gladius Capital Management LP bought a new stake in FactSet Research Systems in the 2nd quarter valued at $33,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Price Performance

Shares of FactSet Research Systems stock opened at $477.46 on Monday. The stock has a market capitalization of $18.14 billion, a price-to-earnings ratio of 34.35, a P/E/G ratio of 3.16 and a beta of 0.75. The firm’s 50-day moving average price is $455.49 and its two-hundred day moving average price is $431.42. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $488.64.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The business had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. During the same period in the prior year, the company earned $2.93 EPS. FactSet Research Systems’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, equities analysts predict that FactSet Research Systems Inc. will post 17.2 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be issued a $1.04 dividend. The ex-dividend date is Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.87%. FactSet Research Systems’s dividend payout ratio is 29.93%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Royal Bank of Canada upped their price objective on shares of FactSet Research Systems from $464.00 to $503.00 and gave the company a “sector perform” rating in a research report on Friday, September 20th. BMO Capital Markets upped their price target on FactSet Research Systems from $440.00 to $471.00 and gave the company a “market perform” rating in a report on Friday, September 20th. Stifel Nicolaus lifted their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a report on Friday, September 20th. Wells Fargo & Company upped their target price on FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a research note on Friday, September 20th. Finally, UBS Group lifted their price target on shares of FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 20th. Five analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $443.57.

Insider Buying and Selling

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total value of $1,249,770.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,380,259.85. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the sale, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at $5,380,259.85. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Christopher R. Ellis sold 13,952 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 23,515 shares of the company’s stock, valued at $10,726,367.25. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,362 shares of company stock worth $11,450,695 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.

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.