Aurora Private Wealth Inc. Buys Shares of 10,461 FactSet Research Systems Inc. (NYSE:FDS)

Aurora Private Wealth Inc. bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,461 shares of the business services provider's stock, valued at approximately $4,756,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Cary Street Partners Financial LLC acquired a new position in shares of FactSet Research Systems in the 4th quarter worth approximately $29,000. American National Bank & Trust acquired a new stake in shares of FactSet Research Systems in the 1st quarter valued at $44,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of 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 worth $54,000 after purchasing an additional 28 shares during the last quarter. CX Institutional acquired a new stake in shares of FactSet Research Systems during the 1st quarter worth about $60,000. Finally, ORG Wealth Partners LLC bought a new position in FactSet Research Systems during the 1st quarter valued at about $60,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Trading Down 0.5%

NYSE:FDS traded down $2.26 on Thursday, hitting $437.61. 306,108 shares of the stock were exchanged, compared to its average volume of 295,189. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.47 and a current ratio of 1.47. FactSet Research Systems Inc. has a 52 week low of $391.69 and a 52 week high of $499.87. The stock has a market capitalization of $16.61 billion, a price-to-earnings ratio of 31.62, a P/E/G ratio of 2.87 and a beta of 0.86. The company's 50-day moving average price is $440.45 and its 200 day moving average price is $451.17.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $585.52 million for the quarter, compared to the consensus estimate of $580.70 million. During the same period last year, the firm earned $4.37 earnings per share. The company's quarterly revenue was up 5.9% on a year-over-year basis. On average, equities research analysts forecast 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 declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.01%. This is an increase from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's dividend payout ratio is 31.29%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wells Fargo & Company increased their price target on FactSet Research Systems from $402.00 to $405.00 and gave the stock an "underweight" rating in a research report on Friday, June 20th. Evercore ISI decreased their target price on FactSet Research Systems from $470.00 to $448.00 and set an "in-line" rating on the stock in a report on Monday, June 16th. Morgan Stanley upped their price target on shares of FactSet Research Systems from $390.00 to $393.00 and gave the stock an "underweight" rating in a research report on Friday, June 20th. Raymond James Financial upgraded shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research report on Thursday. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Friday, June 20th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $444.25.

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.