Mn Services Vermogensbeheer B.V. Grows Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Mn Services Vermogensbeheer B.V. lifted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,900 shares of the business services provider’s stock after buying an additional 300 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in FactSet Research Systems were worth $7,156,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in FDS. Assenagon Asset Management S.A. grew its position in shares of FactSet Research Systems by 21.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,989 shares of the business services provider’s stock worth $915,000 after buying an additional 352 shares in the last quarter. Pinnacle Associates Ltd. acquired a new stake in shares of FactSet Research Systems during the third quarter worth approximately $242,000. Diversify Wealth Management LLC acquired a new stake in shares of FactSet Research Systems during the third quarter worth approximately $220,000. Financial Advocates Investment Management grew its position in shares of FactSet Research Systems by 6.3% during the third quarter. Financial Advocates Investment Management now owns 1,013 shares of the business services provider’s stock worth $466,000 after buying an additional 60 shares in the last quarter. Finally, HM Payson & Co. grew its position in shares of FactSet Research Systems by 13.3% during the third quarter. HM Payson & Co. now owns 1,289 shares of the business services provider’s stock worth $593,000 after buying an additional 151 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

FDS stock opened at $461.93 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The stock’s fifty day moving average is $466.78 and its two-hundred day moving average is $461.40.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. During the same period last year, the business posted $4.12 earnings per share. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 29.82%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research note on Friday, December 20th. Stifel Nicolaus raised their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets reduced their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research note on Monday, December 23rd. Finally, UBS Group raised their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $453.23.

About FactSet Research Systems

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.