Sanctuary Advisors LLC Has $8.07 Million Position in FactSet Research Systems Inc. (NYSE:FDS)

Sanctuary Advisors LLC decreased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,102 shares of the business services provider’s stock after selling 699 shares during the period. Sanctuary Advisors LLC’s holdings in FactSet Research Systems were worth $8,074,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Catalyst Capital Advisors LLC acquired a new stake in shares of FactSet Research Systems in the 3rd quarter worth about $26,000. Capital Performance Advisors LLP bought a new stake in FactSet Research Systems during the 3rd quarter worth approximately $34,000. Brooklyn Investment Group bought a new position in shares of FactSet Research Systems in the third quarter valued at approximately $35,000. Allworth Financial LP boosted its position in shares of FactSet Research Systems by 19.1% during the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after buying an additional 22 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in FactSet Research Systems by 581.8% during the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock worth $69,000 after buying an additional 128 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

FactSet Research Systems Trading Up 1.3 %

Shares of FactSet Research Systems stock opened at $465.88 on Thursday. The stock has a market capitalization of $17.72 billion, a P/E ratio of 33.40, a P/E/G ratio of 2.87 and a beta of 0.77. FactSet Research Systems Inc. has a 52-week low of $391.84 and a 52-week high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The stock’s 50-day simple moving average is $470.31 and its 200 day simple moving average is $458.94.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results 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 company had revenue of $568.70 million for the quarter, compared to analyst estimates 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 in the previous year, the firm posted $4.12 earnings per share. As a group, research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FDS. BMO Capital Markets cut their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. UBS Group increased their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Morgan Stanley boosted their target price on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research note on Thursday, December 12th. Finally, Wells Fargo & Company decreased their price target on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems currently has an average rating of “Hold” and an average 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.