FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc cut its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,054 shares of the business services provider's stock after selling 2,218 shares during the period. Ensign Peak Advisors Inc owned 0.06% of FactSet Research Systems worth $10,112,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cary Street Partners Financial LLC purchased a new position in shares of FactSet Research Systems in the 4th quarter valued at about $29,000. Allworth Financial LP increased its position 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 valued at $64,000 after buying an additional 22 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of FactSet Research Systems by 19.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider's stock valued at $99,000 after buying an additional 33 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of FactSet Research Systems in the fourth quarter valued at $102,000. Finally, Private Trust Co. NA increased its position in FactSet Research Systems by 8.2% during the 4th quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock worth $140,000 after purchasing an additional 22 shares in the last quarter. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FDS shares. Morgan Stanley decreased their price target on shares of 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. BMO Capital Markets decreased their price target on shares of FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating on the stock in a research note on Monday, March 24th. UBS Group lowered their price target on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a report on Friday, March 21st. 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 report on Friday, March 21st. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Monday, March 10th. Four analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $436.90.

FactSet Research Systems Stock Up 1.0%

FactSet Research Systems stock traded up $4.80 during trading on Friday, reaching $474.21. 679,126 shares of the company's stock were exchanged, compared to its average volume of 290,799. FactSet Research Systems Inc. has a 52-week low of $391.69 and a 52-week high of $499.87. The firm has a market cap of $17.99 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 2.93 and a beta of 0.88. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company's 50-day moving average is $433.92 and its two-hundred day moving average is $458.39.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.17 by $0.11. The company had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 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 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.22 earnings per share. On average, analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Friday, May 30th will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 0.93%. 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 (DPR) is presently 31.29%.

Insider Activity at FactSet Research Systems

In other news, CAO Gregory T. Moskoff sold 363 shares of the firm's stock in a transaction that occurred on 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 sale, the chief accounting officer now owns 44 shares of the company's stock, valued at approximately $19,084.12. This trade represents a 89.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.10% of the company's stock.

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.