Bank Julius Baer & Co. Ltd Zurich Has $16.83 Million Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Bank Julius Baer & Co. Ltd Zurich boosted its stake in FactSet Research Systems Inc. (NYSE:FDS) by 14.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,580 shares of the business services provider’s stock after purchasing an additional 4,319 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in FactSet Research Systems were worth $16,831,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in FactSet Research Systems in the third quarter valued at about $34,000. Brooklyn Investment Group acquired a new position in FactSet Research Systems in the third quarter valued at about $35,000. Allworth Financial LP raised its stake in FactSet Research Systems by 19.1% in the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 22 shares in the last quarter. Continuum Advisory LLC raised its stake in FactSet Research Systems by 5,200.0% in the third quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after purchasing an additional 156 shares in the last quarter. Finally, Coastline Trust Co acquired a new position in FactSet Research Systems in the third quarter valued at about $78,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $440.67 on Friday. The business’s 50 day simple moving average is $462.37 and its 200 day simple moving average is $463.08. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The stock has a market capitalization of $16.76 billion, a PE ratio of 31.59, a PEG ratio of 2.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate 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 business had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. During the same period in the prior year, the business posted $4.12 earnings per share. The firm’s revenue was up 4.9% on a year-over-year basis. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Analyst Ratings Changes

FDS has been the subject of several research analyst reports. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research note on Friday, December 20th. Stifel Nicolaus boosted their target price 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. UBS Group boosted their target price 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. Wells Fargo & Company lowered their target price on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, BMO Capital Markets reduced their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $449.38.

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.