Kintegral Advisory LLC Decreases Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Kintegral Advisory LLC lowered its position in FactSet Research Systems Inc. (NYSE:FDS) by 4.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,021 shares of the business services provider’s stock after selling 94 shares during the quarter. Kintegral Advisory LLC’s holdings in FactSet Research Systems were worth $971,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp boosted its stake in FactSet Research Systems by 2.2% in the third quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock valued at $888,603,000 after acquiring an additional 42,303 shares in the last quarter. 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 valued at $460,467,000 after purchasing an additional 8,376 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of FactSet Research Systems by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock worth $226,867,000 after purchasing an additional 52,741 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in FactSet Research Systems by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 373,386 shares of the business services provider’s stock worth $171,702,000 after buying an additional 4,113 shares during the last quarter. Finally, Nordea Investment Management AB increased its position in 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 valued at $164,653,000 after buying an additional 59,173 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

NYSE:FDS opened at $462.10 on Friday. The firm’s fifty day moving average is $469.33 and its two-hundred day moving average is $459.80. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 2.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.25 by $0.12. The business had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.12 EPS. Research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wells Fargo & Company lowered their price target on 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. BMO Capital Markets lowered their target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. UBS Group raised their price target 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. Finally, Stifel Nicolaus boosted their price objective 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. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $453.23.

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.