Capstone Investment Advisors LLC Has $370,000 Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Capstone Investment Advisors LLC decreased its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 55.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 770 shares of the business services provider's stock after selling 976 shares during the quarter. Capstone Investment Advisors LLC's holdings in FactSet Research Systems were worth $370,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of FDS. Captrust Financial Advisors lifted its position in shares of FactSet Research Systems by 0.8% in the fourth quarter. Captrust Financial Advisors now owns 4,901 shares of the business services provider's stock worth $2,354,000 after purchasing an additional 40 shares in the last quarter. Cary Street Partners Financial LLC purchased a new stake in FactSet Research Systems in the 4th quarter worth approximately $29,000. Benjamin Edwards Inc. boosted its stake in shares of FactSet Research Systems by 28.3% during the 4th quarter. Benjamin Edwards Inc. now owns 1,962 shares of the business services provider's stock valued at $943,000 after buying an additional 433 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of FactSet Research Systems by 94.8% during the 4th quarter. BNP Paribas Financial Markets now owns 81,364 shares of the business services provider's stock valued at $39,078,000 after buying an additional 39,593 shares during the period. Finally, Aptus Capital Advisors LLC purchased a new position in shares of FactSet Research Systems during the 4th quarter valued at $234,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Stock Performance

FactSet Research Systems stock traded up $0.35 during mid-day trading on Monday, reaching $454.97. The company had a trading volume of 84,627 shares, compared to its average volume of 285,840. 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 firm has a market cap of $17.26 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 2.93 and a beta of 0.88. The company has a 50 day moving average of $432.58 and a 200-day moving average of $458.35. FactSet Research Systems Inc. has a 52 week low of $391.69 and a 52 week high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.17 by $0.11. The business had revenue of $570.70 million during the quarter, compared to analysts' expectations of $570.65 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 4.5% on a year-over-year basis. During the same quarter last year, the company earned $4.22 earnings per share. On average, sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Friday, May 30th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 0.97%. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. The ex-dividend date is Friday, May 30th. FactSet Research Systems's dividend payout ratio is presently 31.29%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. BMO Capital Markets reduced 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 report on Monday, March 24th. Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and lowered their price target for the company from $450.00 to $402.00 in a research note on Friday, March 21st. UBS Group cut 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 report on Friday, March 21st. Morgan Stanley reduced their target price on shares of FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating for the company in a research note on Friday, March 21st. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $503.00 target price on shares of FactSet Research Systems in a report on Monday, March 10th. Four equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat, FactSet Research Systems has a consensus rating of "Hold" and an average target price of $436.90.

Insider Buying and Selling

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

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.