Numerai GP LLC Has $1.15 Million Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Numerai GP LLC reduced its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 46.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,400 shares of the business services provider’s stock after selling 2,084 shares during the quarter. Numerai GP LLC’s holdings in FactSet Research Systems were worth $1,153,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mount Yale Investment Advisors LLC boosted its stake in shares of FactSet Research Systems by 1.4% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock valued at $755,000 after purchasing an additional 22 shares during the last quarter. Allworth Financial LP grew its holdings in shares of FactSet Research Systems by 19.1% during the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after buying an additional 22 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of FactSet Research Systems by 8.2% during the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock valued at $140,000 after buying an additional 22 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of FactSet Research Systems by 2.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 1,214 shares of the business services provider’s stock valued at $583,000 after buying an additional 24 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC grew its holdings in shares of FactSet Research Systems by 1.4% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after buying an additional 25 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Gregory T. Moskoff sold 363 shares of the business’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 value of $157,443.99. Following the sale, the chief accounting officer now owns 44 shares of the company’s stock, valued at $19,084.12. The trade was a 89.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $452.28 on Wednesday. The firm has a market cap of $17.16 billion, a price-to-earnings ratio of 32.42, a P/E/G ratio of 2.93 and a beta of 0.88. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. FactSet Research Systems Inc. has a 52 week low of $391.69 and a 52 week high of $499.87. The firm’s 50-day simple moving average is $433.02 and its two-hundred day simple moving average is $458.31.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, topping the consensus estimate of $4.17 by $0.11. The business had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.22 earnings per share. As a group, equities analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th will be given a $1.10 dividend. The ex-dividend date is Friday, May 30th. This represents a $4.40 annualized dividend and a dividend yield of 0.97%. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.04. FactSet Research Systems’s payout ratio is 31.29%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on FDS shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a report on Monday, March 10th. UBS Group cut their price target 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. Wells Fargo & Company cut shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $450.00 to $402.00 in a report on Friday, March 21st. BMO Capital Markets cut their price target on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating on the stock in a report on Monday, March 24th. Finally, Morgan Stanley cut their price target on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a report on Friday, March 21st. Four analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems has a consensus rating of “Hold” and an average price target of $436.90.

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.