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

Aurora Private Wealth Inc. acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,461 shares of the business services provider's stock, valued at approximately $4,756,000. FactSet Research Systems comprises 1.2% of Aurora Private Wealth Inc.'s investment portfolio, making the stock its 19th largest holding.

Several other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. boosted its holdings in shares of FactSet Research Systems by 4.7% during the 1st quarter. QRG Capital Management Inc. now owns 1,339 shares of the business services provider's stock worth $609,000 after buying an additional 60 shares during the period. Bessemer Group Inc. boosted its holdings in FactSet Research Systems by 284.3% in the 1st quarter. Bessemer Group Inc. now owns 1,176 shares of the business services provider's stock valued at $535,000 after purchasing an additional 870 shares during the period. Golden State Wealth Management LLC boosted its holdings in FactSet Research Systems by 800.0% in the 1st quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider's stock valued at $45,000 after purchasing an additional 88 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in FactSet Research Systems in the 4th quarter valued at about $5,882,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in FactSet Research Systems by 35.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,927 shares of the business services provider's stock valued at $2,695,000 after purchasing an additional 1,557 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FDS shares. Evercore ISI cut their price target on shares of FactSet Research Systems from $470.00 to $448.00 and set an "in-line" rating for the company in a report on Monday, June 16th. UBS Group reaffirmed a "neutral" rating on shares of FactSet Research Systems in a report on Friday, June 20th. Raymond James Financial raised shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a report on Thursday, June 26th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a report on Friday, June 20th. Finally, 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 report on Friday, June 20th. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. According to MarketBeat, FactSet Research Systems presently has a consensus rating of "Hold" and a consensus price target of $444.25.

FactSet Research Systems Price Performance

FDS stock traded down $0.35 during trading on Monday, reaching $447.59. 260,615 shares of the company were exchanged, compared to its average volume of 293,207. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.47 and a quick ratio of 1.47. FactSet Research Systems Inc. has a twelve month low of $391.69 and a twelve month high of $499.87. The company has a 50-day moving average of $443.47 and a two-hundred day moving average of $448.75. The company has a market capitalization of $16.98 billion, a price-to-earnings ratio of 32.34, a P/E/G ratio of 2.93 and a beta of 0.84.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings results on Monday, June 23rd. The business services provider reported $4.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.30 by ($0.03). FactSet Research Systems had a net margin of 23.30% and a return on equity of 31.59%. The business had revenue of $585.52 million during the quarter, compared to analyst estimates of $580.70 million. During the same quarter last year, the company posted $4.37 earnings per share. The company's revenue was up 5.9% compared to the same quarter last year. As a group, equities analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Friday, May 30th were paid a dividend of $1.10 per share. The ex-dividend date was Friday, May 30th. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. This represents a $4.40 annualized dividend and a yield of 0.98%. FactSet Research Systems's dividend payout ratio is currently 31.79%.

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.