FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,924 shares of the business services provider’s stock after purchasing an additional 228 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in FactSet Research Systems were worth $924,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of FactSet Research Systems during the third quarter worth about $38,909,000. Nordea Investment Management AB increased its stake in FactSet Research Systems by 21.0% in the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock valued at $164,653,000 after purchasing an additional 59,173 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock valued at $226,867,000 after acquiring an additional 52,741 shares during the last quarter. State Street Corp lifted its holdings in shares of FactSet Research Systems by 2.2% during the 3rd 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. Finally, Boston Trust Walden Corp boosted its holdings in FactSet Research Systems by 9.3% in the 3rd quarter. Boston Trust Walden Corp now owns 296,329 shares of the business services provider’s stock worth $136,267,000 after acquiring an additional 25,294 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insiders Place Their Bets

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now owns 299 shares of the company’s stock, valued at approximately $143,819. This trade represents a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Stock Down 1.0 %

FDS opened at $469.84 on Tuesday. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The company has a 50 day moving average of $476.16 and a 200 day moving average of $455.32. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The company has a market cap of $17.87 billion, a PE ratio of 33.68, a price-to-earnings-growth ratio of 2.98 and a beta of 0.76.

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

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were given a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Friday, November 29th. FactSet Research Systems’s payout ratio is currently 29.82%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group boosted 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 report on Friday, November 15th. Stifel Nicolaus increased their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Redburn Atlantic lowered shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. BMO Capital Markets cut their price target 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. Finally, Morgan Stanley upped their target price on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average 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.