J. W. Coons Advisors LLC Sells 200 Shares of FactSet Research Systems Inc. (NYSE:FDS)

J. W. Coons Advisors LLC cut its stake in FactSet Research Systems Inc. (NYSE:FDS) by 12.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,445 shares of the business services provider’s stock after selling 200 shares during the period. J. W. Coons Advisors LLC’s holdings in FactSet Research Systems were worth $694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Everence Capital Management Inc. bought a new stake in FactSet Research Systems in the 4th quarter valued at $413,000. Geode Capital Management LLC lifted its holdings in shares of FactSet Research Systems by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after acquiring an additional 8,376 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of FactSet Research Systems by 52.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider’s stock worth $2,003,000 after acquiring an additional 1,436 shares during the period. Natixis Advisors LLC lifted its holdings in shares of FactSet Research Systems by 1.1% during the 3rd quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider’s stock worth $55,621,000 after acquiring an additional 1,260 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of FactSet Research Systems by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after acquiring an additional 59,173 shares during the period. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Trading Down 0.9 %

FDS opened at $462.10 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $17.57 billion, a PE ratio of 33.13, a PEG ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87. The firm has a 50-day moving average price of $469.33 and a two-hundred day moving average price of $460.21.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, beating the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million during 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 quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $4.12 EPS. As a group, equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.90%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s payout ratio is presently 29.82%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FDS shares. Wells Fargo & Company reduced their price objective on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, December 20th. UBS Group raised their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Stifel Nicolaus lifted their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Finally, Morgan Stanley lifted their price target on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and an average target price of $453.23.

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.