Certuity LLC Decreases Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Certuity LLC decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 878 shares of the business services provider’s stock after selling 58 shares during the period. Certuity LLC’s holdings in FactSet Research Systems were worth $422,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Trust N.A. grew its stake in shares of FactSet Research Systems by 2.3% during the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 21 shares in the last quarter. Mount Yale Investment Advisors LLC grew its stake in FactSet Research Systems by 1.4% during 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 in the last quarter. Cerro Pacific Wealth Advisors LLC increased its holdings in FactSet Research Systems by 1.4% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock worth $809,000 after purchasing an additional 25 shares during the last quarter. Andina Capital Management LLC raised its position in shares of FactSet Research Systems by 3.8% in the 3rd quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock valued at $329,000 after purchasing an additional 26 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its stake in shares of FactSet Research Systems by 3.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 905 shares of the business services provider’s stock valued at $434,000 after buying an additional 28 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. BMO Capital Markets decreased their price target on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. UBS Group upped their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a research note on Friday, December 20th. Finally, Stifel Nicolaus upped their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and an average price target of $453.23.

FactSet Research Systems Price Performance

Shares of FDS opened at $454.07 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $17.27 billion, a P/E ratio of 32.55, a PEG ratio of 2.95 and a beta of 0.77. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The stock has a fifty day moving average price of $472.56 and a 200 day moving average price of $457.31.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $4.25 by $0.12. The business had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 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 4.9% compared to the same quarter last year. During the same quarter last year, the company earned $4.12 EPS. On average, 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. Stockholders of record on Friday, February 28th will be paid a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.92%. FactSet Research Systems’s payout ratio is 29.82%.

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.