Landscape Capital Management L.L.C. Makes New $936,000 Investment in FactSet Research Systems Inc. $FDS

Key Points

• Landscape Capital Management L.L.C. invested approximately $936,000 in FactSet Research Systems, acquiring 2,058 shares during the first quarter.
• Multiple hedge funds, including Vanguard Group Inc. and Mitsubishi UFJ Asset Management, have also increased their holdings in FactSet Research Systems, indicating a growing interest among institutional investors.
• FactSet Research Systems announced a quarterly dividend of $1.10 per share, reflecting an annualized yield of 1.2%, with the payout ratio currently at 31.79%.

Landscape Capital Management L.L.C. bought a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,058 shares of the business services provider's stock, valued at approximately $936,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. increased its position in FactSet Research Systems by 4.9% during the 1st quarter. Crossmark Global Holdings Inc. now owns 809 shares of the business services provider's stock worth $368,000 after purchasing an additional 38 shares in the last quarter. QRG Capital Management Inc. boosted its stake in FactSet Research Systems by 4.7% during the first quarter. QRG Capital Management Inc. now owns 1,339 shares of the business services provider's stock worth $609,000 after acquiring an additional 60 shares in the last quarter. Bessemer Group Inc. boosted its stake in FactSet Research Systems by 284.3% during the first quarter. Bessemer Group Inc. now owns 1,176 shares of the business services provider's stock worth $535,000 after acquiring an additional 870 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in FactSet Research Systems during the first quarter worth $2,528,000. Finally, Golden State Wealth Management LLC raised its holdings in FactSet Research Systems by 800.0% during the first quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider's stock worth $45,000 after buying an additional 88 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FDS shares. UBS Group reiterated a "neutral" rating on shares of FactSet Research Systems in a report on Friday, June 20th. Evercore ISI lowered their target price 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. Morgan Stanley raised their price objective 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. Royal Bank Of Canada restated a "sector perform" rating and set a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, June 20th. Finally, Raymond James Financial upgraded shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a report on Thursday, June 26th. Six analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $444.25.

Insider Buying and Selling

In other FactSet Research Systems news, EVP Christopher R. Ellis sold 7,606 shares of the firm's stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $446.84, for a total value of $3,398,665.04. Following the sale, the executive vice president owned 23,952 shares of the company's stock, valued at $10,702,711.68. This trade represents a 24.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the sale, the chief accounting officer owned 44 shares of the company's stock, valued at approximately $19,474.40. The trade was a 98.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,031 shares of company stock worth $5,825,481 over the last ninety days. 1.10% of the stock is owned by corporate insiders.

FactSet Research Systems Stock Performance

FDS traded down $4.57 on Tuesday, hitting $368.75. The company's stock had a trading volume of 499,037 shares, compared to its average volume of 338,586. The company's 50 day simple moving average is $410.29 and its 200-day simple moving average is $429.87. The firm has a market cap of $13.94 billion, a P/E ratio of 26.64, a price-to-earnings-growth ratio of 2.44 and a beta of 0.84. FactSet Research Systems Inc. has a 12 month low of $362.41 and a 12 month high of $499.87. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.66.

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 EPS for the quarter, missing the consensus estimate of $4.30 by ($0.03). The business had revenue of $585.52 million during the quarter, compared to the consensus estimate of $580.70 million. FactSet Research Systems had a return on equity of 31.59% and a net margin of 23.30%.The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the business posted $4.37 earnings per share. FactSet Research Systems has set its FY 2025 guidance at 16.800-17.400 EPS. Analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Friday, August 29th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th. FactSet Research Systems's dividend payout ratio (DPR) is presently 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.