Asset Management One Co. Ltd. lifted its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 10.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,749 shares of the business services provider's stock after purchasing an additional 1,508 shares during the period. Asset Management One Co. Ltd.'s holdings in FactSet Research Systems were worth $7,160,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of the business. Cary Street Partners Financial LLC purchased a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $29,000. American National Bank & Trust acquired a new stake in FactSet Research Systems in the 1st quarter valued at $44,000. MassMutual Private Wealth & Trust FSB grew its stake in FactSet Research Systems by 31.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 118 shares of the business services provider's stock valued at $54,000 after acquiring an additional 28 shares during the period. CX Institutional purchased a new stake in FactSet Research Systems in the 1st quarter worth $60,000. Finally, ORG Wealth Partners LLC acquired a new position in FactSet Research Systems during the first quarter worth $60,000. Institutional investors and hedge funds own 91.24% of the company's stock.
FactSet Research Systems Price Performance
Shares of FDS stock traded up $2.82 during trading hours on Tuesday, reaching $450.10. The company had a trading volume of 200,972 shares, compared to its average volume of 293,142. FactSet Research Systems Inc. has a 12-month low of $391.69 and a 12-month high of $499.87. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market capitalization of $17.08 billion, a price-to-earnings ratio of 32.52, a PEG ratio of 2.92 and a beta of 0.84. The stock has a fifty day moving average of $442.15 and a 200-day moving average of $449.77.
FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Monday, June 23rd. The business services provider reported $4.27 earnings per share for the quarter, missing analysts' consensus estimates of $4.30 by ($0.03). FactSet Research Systems had a return on equity of 31.59% and a net margin of 23.30%. The company had revenue of $585.52 million for the quarter, compared to analyst estimates of $580.70 million. During the same period last year, the firm posted $4.37 EPS. The business's quarterly revenue was up 5.9% on a year-over-year basis. On average, equities analysts anticipate 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 disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Friday, May 30th were given a dividend of $1.10 per share. This is a boost from FactSet Research Systems's previous quarterly dividend of $1.04. This represents a $4.40 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend was Friday, May 30th. FactSet Research Systems's dividend payout ratio (DPR) is presently 31.29%.
Analysts Set New Price Targets
Several analysts have recently issued reports on FDS shares. Evercore ISI dropped their target price on shares of FactSet Research Systems from $470.00 to $448.00 and set an "in-line" rating on the stock in a research report on Monday, June 16th. Raymond James Financial raised shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research note on Thursday, June 26th. 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, June 20th. Wells Fargo & Company increased their target price on FactSet Research Systems from $402.00 to $405.00 and gave the company an "underweight" rating in a report on Friday, June 20th. Finally, UBS Group reaffirmed a "neutral" rating on shares of FactSet Research Systems in a research note on Friday, June 20th. Three equities research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $444.25.
View Our Latest Analysis on FDS
About FactSet Research Systems
(
Free Report)
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.
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