Koshinski Asset Management Inc. Buys 259 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Koshinski Asset Management Inc. raised its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 48.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 795 shares of the business services provider’s stock after purchasing an additional 259 shares during the period. Koshinski Asset Management Inc.’s holdings in FactSet Research Systems were worth $379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in FDS. First Capital Advisors Group LLC. bought a new position in FactSet Research Systems during the second quarter valued at approximately $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 in the last quarter. Tyler Stone Wealth Management bought a new stake in FactSet Research Systems in the second quarter worth $32,000. IFP Advisors Inc raised its stake in FactSet Research Systems by 71.4% during the third 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 in the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in FactSet Research Systems during the second quarter valued at $32,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 0.5 %

Shares of NYSE:FDS opened at $424.30 on Tuesday. The business’s 50 day moving average is $458.25 and its 200 day moving average is $456.24. The stock has a market cap of $16.17 billion, a P/E ratio of 33.59, a price-to-earnings-growth ratio of 2.62 and a beta of 0.72. FactSet Research Systems Inc. has a 52-week low of $380.96 and a 52-week high of $488.64. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. The business had revenue of $545.95 million for the quarter, compared to the consensus estimate of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. Sell-side analysts predict that FactSet Research Systems Inc. will post 15.83 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.92 annualized dividend and a yield of 0.92%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.04%.

Insider Activity

In other news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $476.02, for a total value of $1,428,060.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $6,147,798.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FDS. The Goldman Sachs Group increased their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $464.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, 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 report on Friday, March 22nd. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems has an average rating of “Hold” and a consensus target price of $442.70.

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.