Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 4,200 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in FactSet Research Systems Inc. (NYSE:FDS) by 49.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,639 shares of the business services provider’s stock after purchasing an additional 4,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in FactSet Research Systems were worth $6,070,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FDS. Catalyst Capital Advisors LLC purchased a new stake in FactSet Research Systems during the 3rd quarter valued at $26,000. Capital Performance Advisors LLP bought a new position in shares of FactSet Research Systems during the third quarter valued at about $34,000. Brooklyn Investment Group purchased a new stake in shares of FactSet Research Systems during the third quarter worth about $35,000. Allworth Financial LP grew 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 purchasing an additional 22 shares during the last quarter. Finally, Coastline Trust Co purchased a new position in FactSet Research Systems during the 3rd quarter valued at about $78,000. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Up 0.0 %

Shares of NYSE:FDS opened at $462.01 on Tuesday. 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 stock has a fifty day simple moving average of $468.82 and a two-hundred day simple moving average of $460.62. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 33.12, a PEG ratio of 2.93 and a beta of 0.77.

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

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.90%. FactSet Research Systems’s dividend payout ratio is presently 29.82%.

Analyst Ratings Changes

Several research firms have weighed in on FDS. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, December 20th. Stifel Nicolaus raised their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. 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. Morgan Stanley upped their price objective on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company cut their target price on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating on the stock in a research note 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 MarketBeat, FactSet Research Systems currently has a consensus rating of “Hold” and an average price target of $453.23.

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.