Amiral Gestion Invests $480,000 in FactSet Research Systems Inc. (NYSE:FDS)

Amiral Gestion bought a new position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,000 shares of the business services provider's stock, valued at approximately $480,000. FactSet Research Systems comprises 0.3% of Amiral Gestion's holdings, making the stock its 27th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cary Street Partners Financial LLC bought a new stake in FactSet Research Systems in the fourth quarter worth about $29,000. Allworth Financial LP increased its stake in shares of FactSet Research Systems by 19.1% during the 4th 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. Smartleaf Asset Management LLC raised 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 worth $99,000 after purchasing an additional 33 shares during the period. SBI Securities Co. Ltd. purchased a new position in FactSet Research Systems in the fourth quarter valued at approximately $102,000. Finally, Private Trust Co. NA lifted its stake in FactSet Research Systems by 8.2% in the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider's stock valued at $140,000 after purchasing an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

Insider Buying and Selling at FactSet Research Systems

In other news, CAO Gregory T. Moskoff sold 363 shares of FactSet Research Systems stock in a transaction 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 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.10% of the stock is owned by corporate insiders.

FactSet Research Systems Trading Up 0.0%

NYSE FDS traded up $0.19 during trading on Tuesday, hitting $462.99. The company had a trading volume of 309,718 shares, compared to its average volume of 292,272. The company's fifty day moving average is $438.47 and its 200-day moving average is $458.39. FactSet Research Systems Inc. has a one year low of $391.69 and a one year high of $499.87. 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 $17.57 billion, a price-to-earnings ratio of 33.19, a price-to-earnings-growth ratio of 2.93 and a beta of 0.88.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly 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 for the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $4.22 earnings per share. On average, sell-side analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Friday, May 30th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, May 30th. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. This represents a $4.40 dividend on an annualized basis and a yield of 0.95%. FactSet Research Systems's payout ratio is currently 31.29%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on FDS. Royal Bank of Canada restated a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a research note on Monday, March 10th. BMO Capital Markets dropped their target price on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating on the stock in a research report on Monday, March 24th. Wells Fargo & Company lowered 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. UBS Group reduced their price target on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Finally, Morgan Stanley dropped their price objective on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a report on Friday, March 21st. Four research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $436.90.

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.