Fox Run Management L.L.C. Acquires Shares of 4,246 FactSet Research Systems Inc. $FDS

Fox Run Management L.L.C. acquired a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,246 shares of the business services provider’s stock, valued at approximately $1,232,000.

A number of other large investors have also added to or reduced their stakes in FDS. Cromwell Holdings LLC purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $26,000. WPG Advisers LLC raised its stake in shares of FactSet Research Systems by 76.9% in the fourth quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after purchasing an additional 40 shares during the last quarter. Field & Main Bank purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $29,000. BOKF NA raised its stake 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 purchasing an additional 102 shares during the last quarter. Finally, Navalign LLC purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $32,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

NYSE FDS opened at $247.13 on Wednesday. The company has a market capitalization of $9.00 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.71. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 1.43. The business’s fifty day moving average is $229.23 and its 200 day moving average is $243.77. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $453.41.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, March 31st. The business services provider reported $4.46 earnings per share for the quarter, beating the consensus estimate of $4.37 by $0.09. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The company had revenue of $611.02 million for the quarter, compared to the consensus estimate of $604.78 million. During the same period in the previous year, the business earned $4.28 earnings per share. FactSet Research Systems’s quarterly revenue was up 7.1% compared to the same quarter last year. Sell-side analysts predict that FactSet Research Systems Inc. will post 17.66 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 29th will be given a $1.16 dividend. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.84%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FDS shares. UBS Group decreased their price target on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research note on Friday, March 27th. Wells Fargo & Company boosted their price target on FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 1st. The Goldman Sachs Group decreased their price target on FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating for the company in a research note on Wednesday, April 1st. Finally, Barclays decreased their price target on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems has an average rating of “Reduce” and an average price target of $279.62.

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.