Aware Super Pty Ltd as trustee of Aware Super Acquires Shares of 66,576 FactSet Research Systems Inc. (NYSE:FDS)

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 66,576 shares of the business services provider's stock, valued at approximately $31,975,000. Aware Super Pty Ltd as trustee of Aware Super owned 0.18% of FactSet Research Systems as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDS. Allworth Financial LP lifted its position in FactSet Research Systems by 19.1% in the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider's stock valued at $64,000 after purchasing an additional 22 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of FactSet Research Systems by 19.2% in 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 in the last quarter. SBI Securities Co. Ltd. purchased a new stake in FactSet Research Systems during the fourth quarter worth about $102,000. Private Trust Co. NA grew its position in FactSet Research Systems by 8.2% during the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock worth $140,000 after buying an additional 22 shares during the period. Finally, Blue Trust Inc. lifted its position in shares of FactSet Research Systems by 61.8% during the 4th quarter. Blue Trust Inc. now owns 369 shares of the business services provider's stock valued at $170,000 after acquiring an additional 141 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FDS. BMO Capital Markets dropped their price objective on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating for the company in a research note on Monday, March 24th. Royal Bank of Canada reissued a "sector perform" rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research note on Monday, March 10th. UBS Group reduced their price target on shares of FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating on the stock in a report on Friday, March 21st. Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $450.00 to $402.00 in a report on Friday, March 21st. Finally, Morgan Stanley decreased their price objective on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research note on Friday, March 21st. Four analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $436.90.

FactSet Research Systems Trading Down 0.1 %

Shares of FDS traded down $0.37 during mid-day trading on Friday, hitting $426.86. The company had a trading volume of 255,290 shares, compared to its average volume of 285,685. FactSet Research Systems Inc. has a 1-year low of $391.69 and a 1-year high of $499.87. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The business's 50-day simple moving average is $440.70 and its 200-day simple moving average is $461.50. The stock has a market cap of $16.20 billion, a PE ratio of 30.60, a P/E/G ratio of 2.93 and a beta of 0.82.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company had revenue of $570.70 million during the quarter, compared to analysts' expectations of $570.65 million. During the same period in the previous year, the company earned $4.22 EPS. The business's quarterly revenue was up 4.5% compared to the same quarter last year. Sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems's dividend payout ratio (DPR) is presently 29.59%.

Insider Activity at FactSet Research Systems

In other news, CAO Gregory T. Moskoff sold 363 shares of the company's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the completion of the sale, the chief accounting officer now owns 44 shares of the company's stock, valued at $19,084.12. This represents a 89.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.10% of the company's stock.

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.