Boston Trust Walden Corp Trims Position in FactSet Research Systems Inc. (NYSE:FDS)

Boston Trust Walden Corp lessened its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 297,070 shares of the business services provider's stock after selling 4,544 shares during the quarter. FactSet Research Systems makes up approximately 1.0% of Boston Trust Walden Corp's investment portfolio, making the stock its 15th largest position. Boston Trust Walden Corp owned approximately 0.78% of FactSet Research Systems worth $135,060,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in FDS. Cary Street Partners Financial LLC bought a new stake in FactSet Research Systems during the fourth quarter worth $29,000. American National Bank & Trust bought a new position in FactSet Research Systems in the 1st quarter valued at about $44,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of FactSet Research Systems by 31.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 118 shares of the business services provider's stock worth $54,000 after buying an additional 28 shares in the last quarter. CX Institutional bought a new position in shares of FactSet Research Systems during the 1st quarter worth approximately $60,000. Finally, 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. Institutional investors own 91.24% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FDS. UBS Group restated a "neutral" rating on shares of FactSet Research Systems in a research report on Friday. Morgan Stanley reissued an "underweight" rating on shares of FactSet Research Systems in a research note on Friday. Royal Bank Of Canada reissued a "sector perform" rating on shares of FactSet Research Systems in a research note on Friday. BMO Capital Markets reissued a "market perform" rating on shares of FactSet Research Systems in a research note on Friday. Finally, Wells Fargo & Company downgraded shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $445.25.

Insider Transactions at FactSet Research Systems

In related news, CAO Gregory T. Moskoff sold 363 shares of the 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 transaction, the chief accounting officer now owns 44 shares in the company, valued at $19,084.12. This represents a 89.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.10% of the company's stock.

FactSet Research Systems Trading Down 0.5%

Shares of NYSE FDS traded down $2.17 during midday trading on Friday, hitting $422.87. 763,257 shares of the company traded hands, compared to its average volume of 296,841. 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 0.72, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a 50-day moving average price of $440.15 and a 200 day moving average price of $452.05. The firm has a market cap of $16.05 billion, a P/E ratio of 30.08, a P/E/G ratio of 2.80 and a beta of 0.86.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, topping analysts' consensus estimates of $4.17 by $0.11. The business had revenue of $570.70 million for the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems had a net margin of 24.07% and a return on equity of 32.91%. The business's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.22 earnings per share. As a group, analysts expect 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 announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, May 30th. This is an increase from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's dividend payout ratio is currently 31.29%.

About FactSet Research Systems

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.