FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its stake in FactSet Research Systems Inc. (NYSE:FDS) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,277 shares of the business services provider’s stock after purchasing an additional 159 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in FactSet Research Systems were worth $1,086,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. First Capital Advisors Group LLC. purchased a new stake in FactSet Research Systems in the 2nd quarter valued at $30,000. Clear Street Markets LLC grew its holdings in shares of FactSet Research Systems by 94.9% in the first quarter. Clear Street Markets LLC now owns 76 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 37 shares during the period. Tyler Stone Wealth Management acquired a new stake in FactSet Research Systems during the second quarter worth about $32,000. Eagle Bay Advisors LLC purchased a new position in FactSet Research Systems during the second quarter worth about $32,000. Finally, IFP Advisors Inc boosted its holdings in FactSet Research Systems by 71.4% in the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Activity

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was 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 owns 12,915 shares in the company, valued at approximately $5,838,871.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

FactSet Research Systems Stock Performance

NYSE FDS opened at $428.67 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market cap of $16.34 billion, a P/E ratio of 33.94, a P/E/G ratio of 2.71 and a beta of 0.72. The stock has a 50-day moving average of $461.67 and a two-hundred day moving average of $456.32. FactSet Research Systems Inc. has a 1-year low of $380.96 and a 1-year high of $488.64.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share for the quarter, beating 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 firm had revenue of $545.95 million during the quarter, compared to analysts’ expectations of $547.93 million. As a group, analysts anticipate that FactSet Research Systems Inc. will post 15.81 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

Analyst Ratings Changes

Several analysts have recently commented on FDS shares. The Goldman Sachs Group lifted their price target 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. Barclays restated an “equal weight” rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $469.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $464.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Two research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $444.11.

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.