Integrated Investment Consultants LLC Raises Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Integrated Investment Consultants LLC increased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 16.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,031 shares of the business services provider’s stock after purchasing an additional 422 shares during the period. Integrated Investment Consultants LLC’s holdings in FactSet Research Systems were worth $1,456,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Catalyst Capital Advisors LLC purchased a new stake in shares of FactSet Research Systems in the 3rd quarter worth approximately $26,000. Quest Partners LLC raised its stake in FactSet Research Systems by 6,700.0% in the second quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock worth $28,000 after buying an additional 67 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in FactSet Research Systems during the third quarter worth $34,000. Brooklyn Investment Group bought a new stake in FactSet Research Systems during the 3rd quarter valued at $35,000. Finally, Federated Hermes Inc. purchased a new position in shares of FactSet Research Systems in the 2nd quarter valued at $52,000. 91.24% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider John Costigan sold 1,622 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the sale, the insider now owns 299 shares of the company’s stock, valued at approximately $143,819. This represents a 84.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $462.64 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The business’s 50 day moving average is $480.02 and its two-hundred day moving average is $451.46. The company has a market capitalization of $17.59 billion, a P/E ratio of 33.16, a P/E/G ratio of 2.85 and a beta of 0.76.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, topping the consensus estimate of $4.25 by $0.12. The company had revenue of $568.70 million during 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 firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.12 EPS. Analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were issued a dividend of $1.04 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.90%. FactSet Research Systems’s payout ratio is currently 29.82%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FDS shares. Wells Fargo & Company upped their price objective on FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research note on Friday, September 20th. Evercore ISI started coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price target on the stock. Morgan Stanley increased their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. Stifel Nicolaus raised their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Finally, BMO Capital Markets reduced their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research report on Monday, December 23rd. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $453.46.

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.