Whittier Trust Co. of Nevada Inc. increased its position in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,381 shares of the business services provider’s stock after buying an additional 497 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in FactSet Research Systems were worth $4,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group bought a new stake in shares of FactSet Research Systems in the 3rd quarter valued at about $35,000. Allworth Financial LP lifted its stake in shares of FactSet Research Systems by 19.1% in the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after acquiring an additional 22 shares during the period. Continuum Advisory LLC boosted its holdings in FactSet Research Systems by 5,200.0% in the third quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after acquiring an additional 156 shares during the last quarter. Smartleaf Asset Management LLC increased its position in FactSet Research Systems by 19.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 33 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in FactSet Research Systems during the 4th quarter worth approximately $102,000. Institutional investors own 91.24% of the company’s stock.
FactSet Research Systems Trading Up 0.5 %
NYSE:FDS opened at $433.01 on Friday. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The company has a market cap of $16.47 billion, a PE ratio of 31.04, a PEG ratio of 2.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a 50-day moving average of $455.49 and a 200-day moving average of $464.19.
FactSet Research Systems Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were paid a $1.04 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.96%. FactSet Research Systems’s payout ratio is 29.82%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the stock. UBS Group reduced their price objective on shares of FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research note on Friday. Wells Fargo & Company cut shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $450.00 to $402.00 in a research report on Friday. Stifel Nicolaus lifted their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. BMO Capital Markets decreased their target price on 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. Finally, Morgan Stanley dropped their price target on FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a research note on Friday. Six analysts have rated the stock with a sell rating and seven have given a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $440.77.
View Our Latest Research Report on FDS
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.
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