453 Shares in FactSet Research Systems Inc. (NYSE:FDS) Bought by Leavell Investment Management Inc.

Leavell Investment Management Inc. bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 453 shares of the business services provider’s stock, valued at approximately $216,000.

Other large investors have also added to or reduced their stakes in the company. BKM Wealth Management LLC acquired a new position in FactSet Research Systems during the fourth quarter worth $1,174,000. Stratos Wealth Partners LTD. boosted its holdings in FactSet Research Systems by 12.6% during the third quarter. Stratos Wealth Partners LTD. now owns 2,118 shares of the business services provider’s stock worth $926,000 after purchasing an additional 237 shares during the last quarter. Nordea Investment Management AB boosted its holdings in FactSet Research Systems by 45.1% during the third quarter. Nordea Investment Management AB now owns 185,103 shares of the business services provider’s stock worth $81,723,000 after purchasing an additional 57,502 shares during the last quarter. Fiera Capital Corp boosted its holdings in FactSet Research Systems by 1.6% during the third quarter. Fiera Capital Corp now owns 441,046 shares of the business services provider’s stock worth $192,852,000 after purchasing an additional 6,960 shares during the last quarter. Finally, Royal London Asset Management Ltd. boosted its holdings in FactSet Research Systems by 27.3% during the third quarter. Royal London Asset Management Ltd. now owns 84,137 shares of the business services provider’s stock worth $36,800,000 after purchasing an additional 18,031 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. BMO Capital Markets upped their price target on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. The Goldman Sachs Group increased their price objective on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $480.00 price objective (up from $471.00) on shares of FactSet Research Systems in a research report on Friday, December 8th. Stifel Nicolaus reissued a “hold” rating and issued a $469.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Barclays reissued an “equal weight” rating and issued a $460.00 price objective (down from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Two analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $444.11.

FactSet Research Systems Price Performance

NYSE:FDS opened at $433.21 on Friday. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The firm has a market cap of $16.50 billion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 2.68 and a beta of 0.72. The firm’s 50-day simple moving average is $464.05 and its 200 day simple moving average is $455.95. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.68 and a current ratio of 1.79.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The business had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. As a group, sell-side analysts predict that FactSet Research Systems Inc. will post 15.81 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were paid a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a yield of 0.90%. FactSet Research Systems’s payout ratio is 31.04%.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,838,871.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

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.