FactSet Research Systems Inc. $FDS Position Increased by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 10.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,210 shares of the business services provider’s stock after buying an additional 2,676 shares during the quarter. GHP Investment Advisors Inc.’s holdings in FactSet Research Systems were worth $5,904,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cromwell Holdings LLC acquired a new stake in shares of FactSet Research Systems during the fourth quarter worth $26,000. WPG Advisers LLC grew its position in FactSet Research Systems by 76.9% during the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Field & Main Bank acquired a new stake in FactSet Research Systems during the 4th quarter valued at $29,000. BOKF NA boosted its position in shares of FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares during the period. Finally, Navalign LLC acquired a new stake in shares of FactSet Research Systems in the fourth quarter worth $32,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 11.1%

Shares of FDS stock opened at $232.00 on Friday. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 14.92, a P/E/G ratio of 1.74 and a beta of 0.71. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $453.41. The firm has a fifty day moving average of $230.82 and a 200-day moving average of $239.48. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.64.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.37 by $0.09. The firm had revenue of $611.02 million for the quarter, compared to analyst estimates of $604.78 million. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.28 earnings per share. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 17.66 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, May 29th were given a dividend of $1.16 per share. The ex-dividend date was Friday, May 29th. This represents a $4.64 annualized dividend and a dividend yield of 2.0%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio is currently 29.84%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on FDS shares. Rothschild & Co Redburn downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price objective for the company. in a research note on Thursday, June 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Wednesday. The Goldman Sachs Group lowered FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. Wells Fargo & Company upped their price target on FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a report on Wednesday, April 1st. Finally, UBS Group reduced their target price on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have assigned a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Reduce” and an average target price of $267.69.

FactSet Research Systems Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.